The future of regulated sports betting in Brazil was thrown into doubt [Monday], as outgoing president Jair Bolsonaro failed to sign the country’s sports betting regulations before the deadline to do so expired…
Brazil had spent years attempting to regulate sports betting, with the senate passing Federal Law No. 13,756/2018 to legalise fixed-odds sports betting, both land-based and online, four years ago.
When this law passed, the government was given two years to create and sign off on regulations, plus the option of an extension for a further two years.
With the extensions, this meant that the final deadline was 12 December, 2022.
