Lula rules out return of betting platforms after Brazil ban
Regulation · SectorWire deskSource published
Summary
Brazil's President Luiz Inácio Lula da Silva said the ban on betting operations in the country's national territory is an irreversible decision. The report did not give further details of the measure or its scope.
Why it matters
An irreversible ban would remove a major regulated market, though the report details neither scope nor timing.
Cite as: SectorWire, “Lula rules out return of betting platforms after Brazil ban”, 23 October 2026, https://sectorwire.news/item/lula-rules-out-return-of-betting-platforms-after-brazil-ban/