Lula reviews possible additional online betting measures in Brazil
By SectorWire desk ·
Summary
Brazilian President Luiz Inácio Lula da Silva convened ministers and social representatives to consider further online betting measures. Officials said existing regulation and oversight had proved insufficient. Lula did not specify the measures or confirm whether a ban remained an option; government figures presented at the meeting showed over 1.2 million people had requested self-exclusion.
Why it matters
Operators face possible additional betting measures after officials judged existing regulation and oversight insufficient.