Fux defends banning online betting and judgment on bets remains suspended due to request for review

Fux, rapporteur at the Federal Supreme Court (STF) of the actions against the provisional measure that prohibits betting, defended the banning of online betting. According to InfoMoney, the statement was made at the opening of a public hearing on Tuesday, 3, and Estadão recorded the same position.

According to InfoMoney, Fux had not expressed this view before because Flávio Dino had requested a view of the trial that discussed gambling. As of the date of the hearing, this view had not yet been brought back to trial.

Fux stated that he has ten colleagues to assess the case and that he needs to bring them elements that emerged after the measure was issued. Through his speech, the rapporteur intends to present information to the panel that did not exist when the text was edited.

According to Estadão, Fux also rebutted criticism for having heard from companies and clubs about the bets, which shows that the hearing brought together parties directly interested in the result.

Estadão also reports that Dino's view was requested in the gambling trial. Until she returns, the case has no decision date and the matter remains suspended in court.

What changes for the investor

For those who invest and operate, the central point is the uncertainty about the deadline and outcome. Until the view returns, there is no decision by the plenary on the measure or on online betting in general, and a possible broad ban would directly affect companies operating in this segment. The reports do not provide impact numbers or price projections, and this article does not make this estimate either. In a market environment, regulatory predictability usually weighs on capital allocation, which makes the STF calendar a data point to monitor.

Automatically translated from Portuguese.