Brazil: Payment provider liability for unauthorised fixed-odds betting in Complementary Law No. 224/2025
Progress
Scope
Timeline of events
Complementary Law No. 224/2025 including payment provider liability for unauthorised fixed-odds betting enters into force
On 1 January 2026, the payment provider liability provision of Complementary Law No. 224/2025 for unauthorised fixed-odds betting took effect. The provision makes financial institutions, payment institutions, and payment initiators jointly and sever…
Senate adopted Bill establishing payment provider liability for unauthorised fixed-odds betting
On 17 December 2025, the National Congress of Brazil adopted Complementary Bill No. 128/2025 (PLP 128/2025) establishing tax liability for financial institutions and payment service providers that facilitate unauthorised fixed-odds betting. The Bill…
Bill establishing payment provider liability for unauthorised fixed-odds betting was introduced to Chamber of Deputies
On 4 June 2025, the Complementary Bill No. 128/2025 (PLP 128/2025) establishing tax liability for the advertising of unauthorised fixed-odds betting was introduced to the Chamber of Deputies. The Bill will make financial institutions, payment instit…