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Lula criticises Brazil’s online betting regime ahead of election

Regulation

Brazilian President Luiz Inácio Lula da Silva criticised the country’s online betting regime at a summit in São Paulo on 9 February, saying the government would take serious action against betting. His remarks came as the Senate considered proposals on online protections for children; a draft decree cited in media coverage would require age checks for access to gambling and other restricted content.

Operators face stated political opposition as Brazil continues to consider controls on online access and betting.

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Regulation

Lula criticises Brazil’s online betting expansion and discusses Central Bank oversight

Brazilian President Luiz Inácio Lula da Silva criticised the growth of online betting at a 16 January ceremony in Rio de Janeiro and referred to the Central Bank’s oversight role. The Ministry of Finance’s Prizes and Betting Secretariat is responsible for supervising the betting sector, while the Central Bank oversees financial-system transactions, according to the report.

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