Brazil’s Senate now has 4 betting bills with very different outcomes for licensed operators

In August 2026, Brazil’s Senate is holding four bills on fixed-odds betting, or bets, that pull the market in opposite directions: one would cap deposits at R$ 80 a month, another would ban most marketing, and one would eliminate regulated betting altogether. For PSPs, acquirers, and banks, the real issue is no longer just licensing policy — it is which part of the payment flow, if any, the legislature decides to touch.

1. PL 3765/2026, filed by Senator Camilo Santana (PT/CE) on 16 July, would add a new article to Law No. 14.790/2023 and set a monthly ceiling of R$ 80 on the sum of all deposits a bettor can make across any licensed operator. The bill links that amount to about 5% of the current minimum wage. If a bettor proves financial capacity, the limit could be raised to as much as 5% of declared income. The Central Bank and the Ministry of Finance would regulate the operating details.
2. This proposal does not touch advertising, sponsorship, or product design. It targets only the money movement layer, which is the part that matters to payment providers. The issue is practical: R$ 80 a month sits below the average ticket currently seen in the regulated market, which raises the obvious question of whether traffic would shift to unlicensed platforms if the text moves forward without changes. PL 3765/2026 is awaiting a rapporteur in the Commission on Transparency, Governance, Oversight and Consumer Protection, where it can be approved in terminal decision without going to the Plenary unless one-tenth of senators file an appeal.
3. PL 2470/2026 is the broader and more intrusive proposal. Filed on 19 May by a multiparty group of senators — Damares Alves and Izalci Lucas (DF), Hamilton Mourão (RS), Astronauta Marcos Pontes (SP), Teresa Leitão and Humberto Costa (PE), and Otto Alencar (BA) — it works on three fronts at once. The first, and the most visible, is a sweeping ban on betting marketing across radio, television, newspapers, outdoor media, streaming, social networks, internet applications, direct messages, programmatic advertising, product placement, sports uniforms, public transport, affiliate content, and tipsters.
4. What remains under PL 2470/2026 is only institutional communication on the operator’s own channels, with no promise of winnings, no bonuses, and no imperative language. In other words, the bill is not trying to nudge the market; it is trying to redraw the perimeter of what a licensed operator can say and where it can say it. The text was described as the longest and most consequential of the four proposals for the sector’s business model.
5. The Senate is also considering two other betting bills that had been moving after months of relative paralysis. None of the four has an urgency request, but two can still be approved without a Plenary vote. That makes committee work the critical track to watch in the coming weeks, because the practical outcome for licensed operators may be decided there rather than in the chamber itself.

For high-risk PSPs, the important detail is not just that Brazil is debating betting again. It is that the Senate now has proposals aimed at three different choke points: deposits, marketing, and the existence of the licensed market itself. That is about as direct as legislative risk gets for payment flows.