Illustration accompanying an iGaming Business article on Brazil's regulated betting market and the risks of illegal gambling.News
October 11, 20261 min read

Vexia in the Press: Brazil's regulated betting market has gone dark. What happens to demand now?

André Moreira

Vexia in the Press: Brazil's regulated betting market has gone dark. What happens to demand now?

In an article published by iGaming Business (iGB) in October 2026, André Moreira, CEO of Vexia Group, examines the implications of Brazil's decision to prohibit regulated online betting and the potential consequences for consumer protection and the illegal gambling market.

The article explores a fundamental challenge for policymakers: removing legal betting platforms does not necessarily eliminate consumer demand. Moreira argues that restrictions on regulated operators may redirect existing players towards unlicensed alternatives, where oversight and player protection mechanisms are limited or absent.

He advocates for a more comprehensive approach to gambling policy, combining effective regulation with financial and digital education, responsible gambling initiatives, and early prevention strategies. The central question is not simply whether legal betting platforms remain available, but whether regulatory decisions genuinely reduce harm and protect consumers.

Read the full article on iGaming Business:

O mercado regulado de apostas do Brasil ficou às escuras. O que acontece agora com a demanda?

Originally published by iGaming Business (iGB) on October 8, 2026. Featuring analysis by André Moreira, CEO of Vexia Group.

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