Brazil betting inquiry leader blames Bolsonaro-era inaction for market problems
Brazilian senator Soraya Thronicke told the betting inquiry that a lack of regulation under Jair Bolsonaro contributed to the growth of betting sites without sufficient controls. She estimated the resulting annual public revenue loss at BRL15 billion and linked it to pressure on public budgets. The committee was due to end on 14 June, while senators called for an extension to hear summoned witnesses.
The inquiry’s findings and proposed extension could shape scrutiny of Brazil’s betting regulation and public revenue.