Brazilian Betting Platforms Go Offline With R$1.33 Billion Still Held in Bettors’ Accounts

The official fixed-odds betting platforms in Brazil were temporarily shut down from 6 pm on October 6 due to the expiration of the voluntary withdrawal period established by Provisional Measure No. 1,394/2026. Bettors were given until 11:59 p.m. on Oct. 5 to cancel out their balances before the platforms were mandator…