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Caixa Visits Uruguayan State Betting Operator

The published leave links the trip to a provisional measure that bans online casinos and sports betting.

Overview

  • Caixa sent three executives — Gabriel Antunes Hess, Tiago Cordeiro de Oliveira and Renato Silva Siqueira — to Montevideo for an institutional visit from Sept. 24 to Sept. 26, 2026, according to the Diário Oficial.
  • The federal government issued a provisional measure on Sept. 25, 2026, that immediately bans online casinos and sports-betting platforms and allows bettors to withdraw balances until Oct. 5, 2026.
  • Caixa said the visit was routine and pre-scheduled through its CAIXA Loterias subsidiary and that the institution evaluates markets using technical, legal and sustainability criteria.
  • Uruguay’s fixed-odds model gives a central role to the state, limits private operators and requires prior government authorization for any online gambling service.
  • The overlap of the trip and the provisional measure has prompted media scrutiny and could shape how regulators and Caixa implement the ban and oversee bettors’ withdrawals.