Brazil: appeals court overturns Stake's permission to keep operating

What happened

On 8 October 2026 a São Paulo federal judge let Stake Brazil Ltda. keep operating until 25 October despite Provisional Measure No. 1,394. On 9 October the president of the Federal Regional Court of the 3rd Region (TRF-3), Judge Johonsom di Salvo, suspended that injunction after an emergency appeal by the Attorney General's Office (AGU).

The judge said allowing one company to operate while all others are banned would create regulatory imbalance. Stake's website and app went offline again on 10 October. The suspension is provisional and the case continues.

What this means for the register

Stake's Brazilian record keeps the same status as every other Brazilian licence: offline, with federal licences due to be revoked on 25 October 2026. The Supreme Court has still not ruled on the wider challenges to the measure.