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Lula proposes banning online casinos in Brazil

Regulation

Brazilian President Luiz Inácio Lula da Silva said he intends to pursue a ban on online casinos, citing social and economic harms associated with gambling addiction. He called for the government, Congress and judiciary to work together on a response; the source describes the proposal as prompting debate over prohibition and regulation.

A ban proposal could change the legal framework for online casino operators in Brazil.

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Regulation

Brazilian lawmaker proposes banning fixed-odds betting

Deputy Pedro Uczai has presented a bill proposing a ban on fixed-odds betting in Brazil, according to an opinion article. The article says 84 companies hold federal authorisations valid for five years and argues that prohibition could lead to claims for compensation over investments and lost economic expectations. It also estimates the country could forgo nearly R$15bn in allocations and taxes in 2026.

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