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Lula says Brazil may end online betting without social justification

Regulation

Brazilian President Luiz Inácio Lula da Silva said on 14 August that online betting should end if the sector cannot show a social justification for operating. He said resistance from pro-betting lawmakers could complicate government action, but did not specify any measures to restrict the industry.

The president’s position signals potential political pressure for restrictions on Brazil’s online betting market.

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