News and Business
Brazil’s Secretariat of Prizes and Betting publishes 2026-27 regulatory agenda
Agenda prioritizes topics such as reviewing authorization procedures, regulating physical betting terminals and advertising carried out via affiliates, and improving responsible gaming policies
Subjects
On February 13, 2026, the Brazilian Secretariat of Prizes and Betting (SPA) published SPA/MF Ordinance No. 408/2026 to establish its regulatory agenda for 2026 and 2027.
The agenda seeks to help identify the SPA’s priority regulatory efforts, make the regulatory process more efficient, predictable and certain, and provide for a stable, transparent and up-to-date regulatory environment for Brazil’s bets sector that will continue to attract investment.
The priority topics outlined in the agenda are as follows:
| Topic | Expected to start |
| Reviewing the authorization procedure for betting operators | Q1 2026 |
| Reviewing procedures for restricting payment transactions linked to unauthorized operators | Q1 2026 |
| Reviewing regulations on advertising through affiliates on internet applications | Q1 2026 |
| Regulating how physical fixed-odds betting terminals operate | Q2 2026 |
| Improving responsible gaming policies | Q3 2026 |
| Improving monitoring and oversight procedures | Q4 2026 |
| Reviewing regulations covering penalty frameworks | Q4 2026 |
| Assessing regulations regarding anti-money laundering and financing of terrorism policies | Q1 2027 |
| Reviewing the regulation and implementation of procedures related to national lotteries used to generate public revenue (captação antecipada de poupança popular) | Q2 2027 |
| Reviewing regulations on types of gambling run by Caixa Loterias S.A. (Brazilian state-owned lottery company) | Q3 2027 |
The SPA may also decide to issue specific or supplementary regulations covering additional topics if deemed necessary.
For more information on the SPA’s regulatory agenda, please contact Mattos Filho’s Entertainment practice area.
