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Lula reiterates opposition to bookmakers operating in Brazil

Regulation

Brazilian President Luiz Inácio Lula da Silva said he would close the country’s bookmakers if the decision were his, while also raising the possibility of regulating their number. Lula’s remarks restate his opposition to the sector; the report says the online betting framework took effect in 2025 and a gradual tax rise approved in January 2026 is due to bring the rate to 15% by 2028.

Continued presidential opposition could put Brazil’s bookmakers under pressure as officials consider regulating their number.

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Regulation

Quaest poll puts bets and social media at 7% as source of hope nationwide

A Quaest poll found that 16% of respondents who were optimistic about Brazil's future cited regulation of betting and social media as a source of hope under President Luiz Inácio Lula da Silva. That group represented 44% of respondents, making the combined issue about 7% of the full sample; the poll did not separate betting from social-media regulation. The survey interviewed 2,004 people from 30 October to 2 November.

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