bet365 in Brazil: SPA/MF authorization and prohibition under MP No. 1.394

bet365 operated in Brazil through HS DO BRASIL LTDA, CNPJ 47.123.407/0001-70, authorized by Ordinance SPA/MF No. 250 of February 7, 2025, under the domain bet365.bet.br. Provisional Measure No. 1.394 of September 25, 2026 prohibited the operation, offering, and advertising of fixed-odds betting throughout the national territory, and the authorizations granted expire thirty days after the measure's publication.

This page compiles data available from primary sources on the operator's situation in the Brazilian market. The data come from three sources: the registry published by the Secretaria de Prêmios e Apostas of the Ministério da Fazenda, the full text of the provisional measure on the Planalto portal, and the Brasil sem Bets portal maintained by the federal government. The sections below detail the company's registration, the scope of the prohibition, and the deadlines for returning balances to bettors.

Registration data at SPA/MF

The Secretaria de Prêmios e Apostas of the Ministério da Fazenda maintains a public list of companies authorized to operate fixed-odds betting in Brazil. In that list, the BET365 brand appears linked to the legal entity HS DO BRASIL LTDA, registered under CNPJ 47.123.407/0001-70. The domain registered for the operation was bet365.bet.br.

The ordinance that granted the authorization is SPA/MF No. 250 of February 7, 2025, as listed on the SPA/MF active transparency page for fixed-odds betting authorization processes. HS DO BRASIL LTDA is the Brazilian legal entity through which bet365 operated in the regulated market. The registration is publicly accessible on the agency's active transparency page.

The registration page states that Provisional Measure No. 1.394 of September 25, 2026 prohibited the operation, offering, and advertising of fixed-odds betting lotteries throughout the national territory. The operator's registration data remain visible on the page, although the authorization is subject to expiration under the terms of the provisional measure.

What MP No. 1.394 established

The text of Provisional Measure No. 1.394 of September 25, 2026 is published on the Planalto portal. The measure took effect on the date of its publication, as stated in the text itself.

The prohibition covers the operation, offering, and advertising of fixed-odds betting lotteries, whether physical or virtual. The text extends the ban to agents based abroad, meaning the prohibition is not restricted to companies incorporated in Brazil.

The provisional measure provides that fixed-odds betting authorizations expire at the end of a thirty-day period counted from publication. This provision appears in the text available on the Planalto portal and applies to all authorizations granted.

Betting advertising was also expressly prohibited. The text bans advertising of fixed-odds betting lotteries in physical or virtual media, covering any dissemination channel used by operators. The advertising ban is mentioned separately in the text of the provisional measure, alongside the prohibition on operation and offering.

The regulation defines a betting operating agent as a legal entity that has received authorization to operate fixed-odds betting. This definition determines who is subject to the restitution obligations set out in the measure.

The Brasil sem Bets portal, maintained by the federal government, confirms that since September 25, 2026, sports betting and online casinos are prohibited in Brazil. The mention of online casinos on the portal indicates that the prohibition is not limited to sports betting. The government created this portal as a direct communication channel with bettors regarding the prohibition and the return of funds. The portal page provides guidance on withdrawal deadlines and balance restitution.

Deadlines for withdrawals and balance restitution

The Brasil sem Bets portal states that platforms were required to keep their sites online and allow withdrawals until 11:59 p.m. on October 5, 2026. After that date, bettors who still had balances became dependent on the restitution process conducted by financial institutions.

According to the portal, the banks that operate with the platforms must return balances between October 9 and 14, 2026, automatically. The bettor does not need to take any action to receive this return, as the process is initiated by the financial institutions themselves. From October 14, 2026 onward, the contact indicated by the portal for those who have not received their funds is Caixa Econômica Federal.

The text of the provisional measure on the Planalto portal details the restitution mechanism. Responsibility for the return falls on the financial and payment institutions that hold the transactional accounts of betting operating agents. It is these institutions, not the operators directly, that make payments to bettors. These institutions have seven days, counted from receipt of the information sent by the operators, to carry out the restitution. This period is counted from receipt of the information, not from the publication of the provisional measure.

Amounts that cannot be returned through this channel go to a specific account at Caixa Econômica Federal, as provided in the text of the provisional measure. It is up to the operators, as legal entities that received authorization, to send the financial institutions the information needed to complete the restitution process.