PoliticsNotableReportedDeveloping
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Brazil provisional measure ends betting licenses without compensation
InfoMoney·BR·2 days ago
The National Association of Games and Lotteries (ANJL) filed a lawsuit in Brazil's Supreme Federal Court (STF) seeking to overturn a Provisional Measure (MP) that prohibits betting companies from operating in the country. The legal challenge, filed three days after the MP's publication, requests an injunction to suspend the measure's effectiveness until Congress converts it into law or the Court rules. This marks a direct legal confrontation between the betting industry and the government, with potential implications for the sector's regulatory environment.
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