By SectorWire desk ·
The report said that Brazilian candidate Flávio Bolsonaro proposed banning use of federal social-programme funds on betting sites. The report said the restriction already applies to authorised operators.
The programme repeats a restriction already in place for Brazil’s licensed betting operators.
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The timing of Fux’s review and the MP’s required congressional vote affect operators’ authorisations and betting sponsorships in Brazil.
The 92 amendments leave Brazil’s betting rules under review, with proposals spanning licensed betting and online casino games.
The proposal could affect betting operators and the sector’s workers, clubs and public revenue if Congress advances the ban.
President Lula’s renewed criticism puts betting’s alleged harm to poor people under political scrutiny.
Operators await a Supreme Court decision on Brazil’s regulated gambling sector closure that experts expect after the general election.
Flávio Bolsonaro’s criticism raises legal certainty concerns over the government’s fixed-odds betting prohibition.