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Brazil’s suspension of online betting has triggered a refund process involving approximately BRL 1.325 billion (US$245 million) owed to around 26.5 million bettors, while the gambling industry has reported thousands of job losses following the government’s decision to halt licensed betting operations. The shutdown followed the introduction of Provisional Measure No. 1,394/2026, signed by President Luiz Inácio Lula da Silva on 25 September 2026. The measure prohibited the oper