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Lula criticises online betting business model in UN address

Regulation

Brazilian President Luiz Inácio Lula da Silva criticised online betting in his opening address to the UN General Assembly on 22 September, saying the industry turns addiction into profit. He said Brazil would not tolerate the business model, while the report said his government was considering possible measures and industry groups opposed further restrictions. The report gave no details of a formal policy decision.

Possible restrictions could affect betting operators and sponsorship agreements with Brazilian football clubs.

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Regulation

ANJL urges Brazil to resume dialogue with legal betting market after Lula re-election

Brazil’s ANJL congratulated President Luiz Inácio Lula da Silva on his re-election and called for dialogue with the regulated betting sector to resume. The association offered to work with Congress and the executive on the regulated market and illegal betting, while saying illegal operators had dominated during the ban. The measure’s future remains subject to Congress and Supreme Court proceedings, according to the report.

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