Report coverage: 2026-09-01 to 2026-09-30; follow-up information verification to 2026-10-29. This issue of BetVerity monthly report screens the events with the most substantial impact on the global online gambling and traditional gambling markets in September. We are based on official documents from governments, regulatory agencies and listed companies, and also distinguish between "events that occurred in 2026-09" and "additional subsequent developments in 2026-10".
1. Brazil announced a complete ban on fixed odds betting on 2026-09-25
On September 25, 2026, Brazil passed Temporary Measure No. 1.394/2026 (MP nº 1.394/2026), which prohibits the operation, provision, intermediary and promotion of fixed odds betting nationwide, involving sports betting and online casinos, and including corresponding services provided by overseas operators to users in Brazil.
The measures set a transition period: relevant accounts are prohibited from injecting new funds from 2026-09-25; users can apply to withdraw their available balances by themselves no later than 2026-10-0523:59; the affected websites and applications are scheduled to stop providing services from 2026-10-06. The Brazilian government also stipulates the processing time for subsequent refunds of funds by financial institutions.
Follow-up verification: On 2026-10-06, the Brazilian government confirmed that the vast majority of the original 188 authorized gambling websites have ceased local operations. The report must emphasize that this is a shutdown of the Brazilian market and does not mean that 188 gaming companies have gone bankrupt globally.
Original announcement: https://www.gov.br/fazenda/pt-br/composicao/orgaos/secretaria-de-premios-e-apostas/medida-provisoria-ndeg-1-394-2026-entenda-as-novas-regras-para-as-apostas-de-quota-fixa
2. Flutter officially assesses the financial impact of Brazilian policies
On 2026-09-28, Flutter Entertainment announced a statement on the new measures in Brazil, confirming that it has stopped providing relevant sports betting and online casino services to Brazilian users and will study possible legal and regulatory responses. The company also disclosed that if it cannot resume its Brazilian business in the remainder of 2026, it may have an adverse impact on full-year revenue and adjusted operating profit. Company forecasts do not equal losses that have ultimately occurred.
This incident shows that policy risks not only affect small operators, but may also directly affect the revenue expectations of large multinational gaming groups.
Official response: https://flutter.com/news-media/press-releases/response-to-brazil-gambling-ban/
3. BresBet and Bet St George returned their British licenses on 2026-09-04
The British Gambling Commission announced on 2026-08-28 that the business licenses of BresBet Ltd and Bet St George Ltd were suspended due to review of suspected insufficient social responsibility and anti-money laundering compliance. Both companies returned their licenses on 2026-09-04, marking an important change in the original British licensed remote gaming business.
Follow-up on 2026-09-30: UKGC noticed that some BresBet customers have difficulty with withdrawals. 2026-10-16 further disclosed that the Bet St George manager has been appointed, which is a follow-up verification added when this month's report is released, and cannot be written back to events that occurred in 2026-09.
Official source: https://www.gamblingcommission.gov.uk/news/article/suspension-of-licences-bresbet-ltd-and-bet-st-george-ltd
4. The UK released 2025-2026 gaming operation statistics on 2026-09-17
UKGC releases industry data from 2025 2026-04 to 2026 2026-03. UK customer gaming gross gaming revenue (GGY, including reported lotteries) totaled £17.5 billion, an increase of 4.4% over the previous financial year; excluding lottery business, it was £13.2 billion; remote casino, sports betting and bingo business totaled £8.3 billion. At the end of the reporting period, there were a total of 8,081 licensed physical gaming venues in the UK**.
The statistical period of these data is not the single month of 2026-09**. They show that the overall market size is still large, but it cannot be inferred that all operators are profitable, let alone be confused with the financial crisis of individual operators.
Official data: https://www.gamblingcommission.gov.uk/news/article/commission-releases-gambling-industry-statistics-for-2025-to-2026
5. Targetlocal License Suspension and New Regulations on Gaming Machine Player Protection
On 21 September 2026, the UK Gambling Commission suspended the comprehensive remote operating license of Targetlocal Ltd, operating as Ken Howell’s Sports Betting. UKGC noted that the license review involved alleged deficiencies in anti-money laundering compliance. Update 2026-10-13UKGC confirms that the relevant suspension has been lifted and therefore Targetlocal should not be included in the list of permanently closed bookmakers.
On 2026-09-30, UKGC announced new gaming machine technical standards, involving game duration, net win and loss information and other player protection measures. The regulation mainly targets relevant physical gaming machines and does not immediately apply to all online casinos.
Official source: https://www.gamblingcommission.gov.uk/news/article/suspension-of-licence-targetlocal-ltd
Official source: https://www.gamblingcommission.gov.uk/news/article/new-machine-rules-to-support-consumers-and-operators-to-reduce-harm
6. The three trends most worthy of long-term observation in 2026-09
Policy changes accelerate regional business rearrangements: The Brazilian ban shows that the once-licensed operating environment may also change rapidly, and multinational gaming groups should carefully assess the concentration risks in specific markets.
Protection of player funds is still important after the operator withdraws: BresBet and Bet St George remind the media and players not only to care about "when to close", but also to track withdrawal channels, managers and regulatory follow-up announcements.
Compliance concerns have gone deep into product design: In addition to traditional license supervision, anti-money laundering review and physical gaming machine player protection rules are also topics worthy of continued tracking in 2026.
7. What needs to be tracked in 2026-10 and beyond?
This month's report does not assume any final ruling has not yet been announced. Next, we should pay attention to the implementation of the Brazilian ban, the operator's account refund situation, the fund processing of relevant British companies, and the operating status of Targetlocal after the suspension is lifted.
BetVerity will publish an independent industry review every month, while also updating the specific brands confirmed to be closed in the "List of Gambling Companies Closing in 2026". All content is based on original official information. Independent media evaluation does not replace legal and financial claim advice.
The information is for industry research and consumer rights reference only; gambling activities should comply with the laws and legal age restrictions of the reader's location.