MP Veto Refund of R$ 2.5 Billion Paid by Bets to Operate Legally
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6 Articles
Measure was announced by Lula on Friday, nine days from the first shift
Betting companies threaten to appeal to the Justice to recover the approximately R$ 2.5 billion paid to the government in grants after President Lula (PT) ban the operation of the bets in Brazil. On Friday, 25, the Minister of the Farm, Dario Durigan, stated that the Union will not return the values. The provisional measure came into force...
Experts see the government dealing with urgent issues in a "stressed" way, bringing greater legal uncertainty to the Brazilian scenario
The federal government has published, in an extra edition of the Official Journal of the Union this Friday, the Provisional Measure prohibiting the operation of bets in the country and the
The more than 85 betting companies that have paid R$ 30 million each to the government to operate in Brazil will not be entitled to receive the value back with the end of the bets. The interim measure signed by President Luiz Inácio Lula da Silva (PT), on Friday (25/9), determines that the authorizations will be closed and states that there will be no total or partial refund of the grant, nor indemnification by the Government. R$ 30 million corr…
The decision of the federal government to interrupt the operation of online bets in Brazil occurs after a period of strong financial movement of the sector, which, only in the first six months of 2026, recorded R$ 410.85 billion in bets. The Provisional Measure (MP) that prohibits the activity was signed on Friday, 25, by President Luiz Inácio Lula da Silva.Although the bets generated billions in taxes, studies cited in the survey pointed to neg…
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