Market
What changes will occur in Loterj's sports betting policy by December 31, 2025?
2
Resolution / Starting Odds
Restrict to Rio de Janeiro only • 25%
Expand to other states • 25%
Maintain current policy • 25%
Cease operations • 25%
Official policy documents or announcements
Story
STF Orders Loterj to Restrict Sports Betting to Rio de Janeiro Within 5 Days Using Geolocation
Jan 2, 2025, 07:26 PM
The Brazilian Supreme Federal Court (STF) has issued a ruling that prohibits the Rio de Janeiro Lottery (Loterj) from authorizing sports betting companies to operate outside the state of Rio de Janeiro. The decision, made by Minister André Mendonça, responds to a request from the federal government and mandates that Loterj and the state government of Rio de Janeiro take measures within five days to ensure that bets are only accepted from within the state's borders. This includes reinstating the use of geolocation mechanisms to verify the location of bettors. The ruling stems from concerns that Loterj's previous authorization allowed betting companies to operate nationally, which was seen as a violation of federal regulations and an infringement on the federal government's authority over national lottery operations.
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No action taken • 25%
Formal investigation launched • 25%
Other outcome • 25%
Settlement reached • 25%
Yes • 50%
No • 50%
Increased restrictions • 25%
Decreased restrictions • 25%
No significant change • 25%
Shift to online focus • 25%
No • 50%
Yes • 50%
Other impact • 25%
Decreased competition • 25%
Increased competition • 25%
No significant change • 25%
Postponed • 25%
Passed with amendments • 25%
Rejected • 25%
Passed without amendments • 25%
Other • 25%
Bet365 • 25%
DraftKings • 25%
FanDuel • 25%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
Basketball • 25%
Football (Soccer) • 25%
Other • 25%
Tennis • 25%
Amended and passed • 25%
Passed into law • 25%
No action taken • 25%
Rejected • 25%