Brazilian court suspends exemption that let Stake keep operating
Stake has lost its temporary permission to operate in Brazil. A regional federal court has suspended the ruling that allowed the company to keep running until 25 October 2026, despite the country's nationwide gambling ban.
What happened
A decree by President Luiz Inácio Lula da Silva banned all forms of gambling from 25 September 2026. Judge Rodrigues dos Santos of the 9th Federal Civil Court in São Paulo then allowed Stake to continue until 25 October, making it the only licensed operator in that position.
Judge Di Salvo of the Regional Federal Court suspended that ruling, citing the risk of "regulatory asymmetry". According to SBC News, the appeal was likely brought by the AGU or the PGR, which both support the decree.
- Gambling has been banned in Brazil since 25 September 2026.
- Stake's permission to operate until 25 October has been suspended.
- Licensed operators entered the market in 2024, many with five-year SPA licences.
- Congress and the Supreme Court will decide the ban's future.
What's next
Industry groups ANJL and IBJR argue the ban undermines multi-year licences. The issue may return to Congress and the Supreme Court after the presidential election cycle ends on 25 October 2026.
Our advice
Rules can change overnight. Always check where an operator is licensed – see our guides to Neteller betting sites and crypto casinos.
Source: SBC News, 12 October 2026. This article is a short summary of the original report.