Brazil’s betting MP gets a 60-day extension, but the legislative calendar is the real bottleneck

Davi Alcolumbre, president of Brazil’s National Congress, has extended MP 1.394/2026 for another 60 days. That keeps the fixed-odds betting ban alive for now, but the real issue is that Congress has very little usable time left before the March 4, 2027 deadline.

1. The extension was published in the Diário Oficial da União on Wednesday (11) under Ato nº 118, dated November 10. MP 1.394/2026 prohibits the operation, offering, intermediation, and advertising of fixed-odds betting in Brazil.
2. The extension is automatic under § 7 of article 62 of the Constitution when a provisional measure is not concluded by both houses within its initial 60-day term. Published on September 25, the MP originally ran until November 23. The new clock starts on November 24 and is paused during the parliamentary recess from December 23 to February 1.
3. According to BNLData’s count, the final deadline for a vote is March 4, 2027. On paper, that gives the government and Congress four and a half months more. In practice, it leaves about five weeks of legislative work in 2026 and four and a half weeks in 2027, much of it consumed by other business.
4. Per CNN Brasil’s November 10 report, the Planalto trimmed its legislative agenda and identified four priorities before the recess: the 2027 Budget, MP das Bets, Desenrola Brasil 3.0, and big tech regulation, including more powers for Cade. The Budget is the biggest pressure point because it has to absorb the Bolsa Família adjustment, the costs of the new Desenrola, and the revenue loss from banning bets.
5. The procedural calendar is doing the government no favors. The useful windows are November 16–20, November 23–27, November 30–December 4, December 7–11, and December 14–18 in 2026; then February 1–5, February 8–12, February 15–19, and February 22–26 plus March 1–3 in 2027. The first 2027 stretch is dominated by the new legislature’s swearing-in, the election of the leadership of the Chamber and Senate, Carnival week, and the installation of thematic committees.

For PSPs, acquirers, and banks active in Brazil’s betting stack, this is the part that matters: the legal text is not the whole story. Even with the MP extended, the combination of budget negotiations, congressional reorganization, and a hard stop on March 4 means the regulatory outcome depends as much on scheduling as on substance.