IBJR opposes Lula’s proposed nationwide online gambling ban in Brazil
The Brazilian Institute of Responsible Gambling (IBJR) has argued against President Luiz Inácio Lula da Silva’s calls to shut down online gambling and sports betting nationwide. The institute cited research estimating that about 51% of betting activity takes place outside regulated channels, equivalent to roughly R$40bn a year; Lula acknowledged that Congress would need to act on a ban.
A nationwide ban could reshape Brazil’s market, but Congress would need to act.