Brazil considers tighter betting rules and possible online casino restrictions
By SectorWire desk ·
Summary
Brazil's federal government is considering a provisional measure to tighten fixed-odds betting regulation, citing published reporting. Some officials favour restricting or banning online casino games. President Luiz Inácio Lula da Silva has discussed the issue with congressional leaders but has not decided whether to expand restrictions.
Why it matters
Brazil is considering tighter betting regulation and possible online casino restrictions, with no presidential decision on expanding restrictions.