Brazil sets withdrawal deadline under nationwide betting ban
By The Weekly Edge desk ·
Summary
SPA Ministério da Fazenda (Brazil) reported that bettors could request voluntary withdrawals from betting platforms until 23h59min on 5 October. Provisional Measure 1.394/2026 prohibits betting and betting advertising across Brazil, and betting sites and apps are due to become unavailable from 6 October. Financial institutions are to return remaining balances from 9/10 to 14/10.
Why it matters
The measure sets a timetable for operators, bettors and financial institutions to handle balances as betting platforms become unavailable.