Caixa delays Brazilian betting launch after political criticism
Caixa Econômica Federal has delayed the planned November launch of its betting service in Brazil, with no replacement date announced. The state-owned bank had set the launch after its authorisation was formalised in July; the delay followed criticism from a senator and a meeting between President Luiz Inácio Lula da Silva and Caixa president Carlos Vieira.
The delay leaves operators and suppliers without a launch date for a newly authorised state-owned betting service.