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Haddad leaves Brazil finance ministry to run for São Paulo governor

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Fernando Haddad stepped down as Brazil’s finance minister to run for governor of São Paulo, following ministry changes announced in the government gazette on Friday. Dario Durigan, formerly the ministry’s executive secretary, was elected as his successor. Haddad had overseen the Brazil Bets Law and backed raising taxes on licensed betting operators to 24%, a proposal that did not pass Congress.

A change in finance leadership could affect debate over betting taxes and Brazil’s online gambling framework.

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