Lula says Brazil should close betting operators, subject to Congress
Brazilian President Luiz Inácio Lula da Silva said on 8 April that he wanted betting operators to close, while acknowledging that the measure would require discussion and approval by the National Congress. He said he had been discussing online betting with aides for about two weeks and also raised the option of tighter regulation.
A closure or stricter rules would affect betting operators’ ability to serve the Brazilian market.