Brazil's betting industry braces for deregulation risks amid illegal platform surge
Brazil's online betting industry faces uncertainty as the National Association of Games and Lotteries (ANJL) warns against potential deregulation. The organisation highlights risks of illegal platforms expanding, threatening consumer safety and government revenue. Currently, 28 licensed operators follow strict rules, but changes could disrupt the market.
As of March 2026, Brazil has 28 legal betting platforms, including major names like Bet365, Betano, and Superbet. These operators comply with tough inspections and responsible gaming standards, with 95% of gamblers classified as low-risk. Yet illegal sites still dominate, accounting for nearly 52% of all betting activity in the country.
The ANJL has stressed that loosening regulations could worsen the problem. Illegal platforms often lack safeguards, exposing users to underage gambling, addiction, and ties to organised crime. Examples from Germany and the Netherlands show that heavy restrictions fail to eliminate black-market betting entirely. Financial risks are also a concern. The Ministry of Finance estimates that policy changes could cost Brazil around BRL 80 billion in lost tax revenue over five years. Additionally, banning licensed operators might trigger lawsuits from companies that have already invested in the market. Despite the challenges, the ANJL remains open to working with the federal government. The goal is to strengthen the current framework and crack down on illegal operators more effectively.
The debate over Brazil's betting laws continues, with the ANJL pushing for stability in the regulated market. Illegal platforms still control a large share of activity, posing risks to players and public funds. Any shift in policy could have lasting effects on revenue, legal disputes, and consumer protection measures.
