Brazil opens a public consultation on fixed-odds betting authorisation
The SPA has put a draft ordinance out for 45 days of comment — the next step in bedding down the federal Bets regime.
What happened
On 27 July 2026 the Secretaria de Prêmios e Apostas (SPA), the federal betting regulator inside Brazil's Ministry of Finance, opened a 45-day public consultation on a draft ordinance (portaria) setting the rules and conditions for authorising commercial fixed-odds betting operations. Contributions can be submitted until 9 September 2026 through the Brasil Participativo platform.
What it means
Brazil's regulated Bets market went live on 1 January 2025, but the SPA is still issuing the secondary rules that flesh out the framework. This consultation concerns the authorisation process for fixed-odds betting specifically — not online casino games, which sit under a separate track. A public consultation means the detail is still being finalised, so the rulebook here should be read as evolving rather than settled.
Who it affects
Operators seeking or holding a federal Bets authorisation and their compliance teams, plus anyone tracking how Brazil — Latin America's largest new regulated market — is building out its rulebook.
Sources
Primary sources last checked 8 August 2026.