Stake Brazil has secured temporary permission to continue offering fixed-odds betting until October 25, 2026, after a federal court in São Paulo partially granted its request for preliminary relief.
Federal Judge Cristiane Farias Rodrigues dos Santos of the 9th Federal Civil Court issued the decision on October 8. The ruling prevents authorities from treating Stake’s authorization as terminated before October 25 and blocks them from redirecting or suspending the stake.bet.br domain solely because of the licence’s early termination.
Stake had asked to remain operational until December 31, 2029, when its original authorization was due to expire. The court declined to grant that request at this stage.
The temporary deadline instead matches the date established by Provisional Measure No. 1.394/2026 for existing betting authorizations to expire.
According to the judge, “if the authorisation were legally nonexistent from the publication of the provisional measure, there would be no reason for the rule to establish a specific later date for its termination”.
She also said the administration cannot “fully anticipate the termination effects to a date prior to the time frame foreseen in the measure itself”.
Court Imposes Conditions on Continued Operation
Stake can continue operating only if it complies with 12 conditions.
The company must maintain bettor identification, age verification, anti-money laundering controls, responsible gambling measures and self-exclusion tools. It must also prevent betting by people legally barred from gambling and block the use of funds from social programmes such as Bolsa Família and the Continuous Cash Benefit.
New promotional campaigns, acquisition bonuses and initiatives designed to expand the customer base are prohibited during the temporary relief period.
Stake must keep withdrawals available, maintain enough funds to cover player balances and continue sending required information through the Betting Management System.
The order also bars operation through unauthorized domains and prevents the ruling from being used to support clandestine operators or third parties misusing the Stake brand.
Private payment companies were not directly bound because they are not parties to the case.
Stake welcomed the ruling.
“The decision represents an important signal for Stake Brasil and for all those who operate under state authorisation and supervision,” said a company spokesperson in a statement reported by SBC Amerias.
“By recognising that an authorisation obtained by fulfilling all legal requirements, paying the grant fee, and making significant investments confers a legal position that cannot be suppressed without due consideration, the Court reaffirmed the importance of legal certainty and the stability of rules.
“Stake Brasil understands that consumer protection is one of the main benefits of a regulated market. It is in this environment, with clear rules, responsible gaming mechanisms, and public authority oversight, that this protection becomes effective.
“Since the publication of the Provisional Measure, Stake Brasil has fully complied with the imposed obligations and will continue to do so, in relation to the Provisional Measure and the determinations of the Judiciary, remaining at the disposal of the authorities.
“To our knowledge, we are the first licensed operator to get a decision of this kind.”
Constitutionality Question Remains Open
Stake also challenged whether the provisional measure satisfies the constitutional requirements of relevance and urgency.
The judge found that the argument merited further examination but said the available evidence was not sufficient to declare the measure manifestly unconstitutional.
Authorities must submit information within 10 days, after which the Federal Public Prosecutor’s Office will provide an opinion.
The request to preserve Stake’s licence through 2029 may be reconsidered later.
In its filing, Stake said it paid BRL 30 million for its licence, contributed BRL 87.8 million in share capital and incurred about BRL 128.2 million in investments, operating expenses and regulatory compliance costs. It also reported 41 employees and 508,084 player wallets as of September.
The judge recognized that a paid authorization supported by substantial investment creates a legal position that warrants consideration, while also finding that it does not guarantee an unchanged regulatory regime through 2029.
Ruling Applies Only to Stake
The September 25 provisional measure bans fixed-odds betting, requires platforms to go offline within 10 days and provides a 30-day period before existing authorizations expire.
Stake’s case focused on that difference in timing, with the court finding that the 30-day provision indicated a transition period.
The ruling applies only to Stake and does not automatically extend to other licensed operators.
Bichara e Motta, the law firm representing the company, said:
“This is the first favourable decision for a fixed-odds betting operator in Brazil in the legal dispute regarding the effects of Provisional Measure No. 1,394/2026. The request to continue operations until the original expiration of the authorisation remains subject to merit review.”
Stake can therefore continue operating until October 25 under the restrictions imposed by the court, unless another judicial decision changes that position sooner.