Meridian Holdings says Brazil online betting ban measure leaves immaterial exposure
MRDN•Meridian Holdings said a Brazilian measure banning online betting and casino operations leaves the group with immaterial exposure. The measure took effect upon publication and requires operators to return funds to bettors.
1. Brazilian measure
Meridian Holdings said Brazil’s provisional measure, signed Sept. 25, 2026, bans online betting and casino operations, intermediation and advertising, and requires operators to return funds to bettors. The company said its local exposure is expected to be immaterial and that it is reviewing the implications with Brazilian and U.S. legal advisers while maintaining compliance.
