Stake’s Brazilian betting site came back online after a federal judge in São Paulo granted an injunction preventing authorities from terminating the crypto casino operator’s license before Oct. 25. The ruling allows Stake to continue operating under 12 conditions while Brazil’s Attorney General’s Office prepares an appeal.
Stake’s Brazilian betting site, stake.bet.br, came back online on Thursday after a federal judge in São Paulo granted the crypto casino brand a temporary reprieve from Brazil’s betting ban, as first reported by Bitcoin News.
Judge Cristiane Farias Rodrigues dos Santos of São Paulo’s 9th Federal Civil Court partly granted an injunction on Oct. 8, barring authorities from treating Stake’s license as terminated or blocking its domain before Oct. 25. Brazil’s Attorney General’s Office (AGU) plans to appeal the decision, according to Bitcoin News.
How the Ruling Came About
The judge’s reasoning centered on two dates in Provisional Measure 1,394, which President Luiz Inácio Lula da Silva signed on Sept. 25. The measure ordered platforms offline within 10 days but ends existing authorizations only after 30 days on Oct. 25.
That 30-day window, the judge found, indicated an intended transition period. As a result, the government could not cut Stake off early. The court rejected Stake’s broader request to keep operating until its license expires at the end of 2029 and did not rule on whether the ban is constitutional.
Twelve Conditions Attached to the Reprieve
The injunction comes with 12 conditions. Stake must maintain its identity checks, age verification, anti-money-laundering controls and responsible gambling measures.
The company may not accept bets made with welfare program funds. It cannot launch promotions, bonuses or other efforts to grow its user base. Stake must also keep withdrawals open and set aside sufficient funds to cover player balances.
Stake’s Investment in Brazil
According to the ruling’s summary of Stake Brazil’s filing, the company paid a 30 million reais (about $6 million) license fee and contributed 87.8 million reais (about $17.5 million) in share capital, Bitcoin News reported. Total investment in the country reached approximately 128.2 million reais (about $25.6 million).
Stake Brazil has 41 employees. The company held 508,084 player wallets as of Sept. 23, with 224,566 of them containing funds.
Company Response
Stake Brazil welcomed the injunction, describing it as a first for a licensed operator under the ban.
“To our knowledge, we are the first licensed operator to get a decision of this kind,” the company said, according to Bitcoin News. “The decision represents an important signal for Stake Brazil and for all those who operate under state authorization and supervision.”
Other Operators Remain Offline
The ruling covers Stake alone. The remaining 85 license holders in Brazil stay offline after the ban took effect on Oct. 6. Each would need a separate court decision to resume operations.
The relief may not last the full 17 days. It runs until Oct. 25 or a further court order, whichever comes first. The AGU plans to appeal to the Federal Regional Court of the 3rd Region, according to Lei em Campo as cited by Bitcoin News. If that court suspends the injunction, Stake would go offline again before Oct. 25.
Supreme Court and Congressional Timeline
The broader legal fight remains with Supreme Court Justice Luiz Fux, who is handling challenges to the measure filed by betting trade groups and a national mayors’ association. On Oct. 2, Fux gave the government 72 hours to respond. The AGU defended the ban in full and asked the court to hear from the Prosecutor General and consider a new public hearing before deciding.
Congress must vote on the provisional measure by Nov. 23. President Lula signed the ban on Sept. 25, nine days before the Oct. 4 first-round municipal elections. The runoff is scheduled for Oct. 25, the same date Stake’s temporary reprieve expires.
