Until recently, horse race wagering was the only legal form of sports betting in Brazil but only when conducted on authorized landbased racecourses . Wagering outside a racecourse is still considered an illegal gambling activity and as such, is subject to penalties. A legislation reform that took place in 2015 enforced penalties for those caught taking part in online or landbased betting, with fines ranging between R$2,000 and R$200,000. But the good news is Brazil is no longer a gray-area market . Let’s take a closer look at some of the most essential laws that have helped shape Brazil’s current sports betting landscape. Brazil outlawed gambling as early as 1941 under the provisions of the Criminal Contravention Act . This piece of legislation banned several types of gambling, namely games of chance whose outcome is based solely on luck, wagering on horse races outside authorized racecourses, and sports betting. Horse race betting did not fall under the scope of the Criminal Contravention Act .
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