SectorWire
SearchGet the daily briefing
Menu

Lula renews criticism of Brazil’s online betting sector

Regulation

Brazilian President Luiz Inácio Lula da Silva again criticised online betting during a television appearance, saying he would favour closing sites that provide no useful service but does not have sole authority to do so. Separately, two bills proposing bans on gambling advertising and sponsorship of sports and cultural events are progressing in Congress, according to the report.

The proposed bills could restrict gambling advertising and sponsorship if Congress advances them.

Request a correction

Keep reading

Regulation

Brazilian editorial urges Supreme Court to uphold online betting ban

A newspaper editorial published on 8 November called on Brazil's Supreme Federal Court to uphold Provisional Measure 1.394/2026, which ended regulated online betting. The editorial cited R$144 billion allegedly diverted from retail to betting over two years; a commentary challenging that figure put regulated-market gross gaming revenue at R$56.97 billion over 18 months, using Ministry of Finance figures for 2025 and the first half of 2026.

Continue reading