SectorWire
SearchGet the daily briefing
Menu

Lula says Desenrola Brasil applicants will face one-year betting-site ban

Regulation

Brazilian President Luiz Inácio Lula da Silva said on 30 April that applicants to the Desenrola Brasil debt renegotiation programme should expect a one-year ban from licensed betting sites. The programme is expected to launch in the coming days, according to the report. Lula said the initiative would help people address debts including credit-card balances and overdrafts.

Licensed betting operators may need to account for a proposed one-year access restriction affecting programme applicants.

Request a correction

Keep reading

Regulation

ANJL survey finds Brazil betting ban shifted one in five players to illegal market

A Nexus poll commissioned by Brazil's ANJL found the ban on betting converted few voters and pushed about one in five former bettors to illegal sites. It said 38% of Brazilians favour resuming betting under stricter rules or the previous regime.

A poll by Nexus, commissioned by the Associação Nacional de Jogos e Loterias (ANJL), found that Brazil's ban on betting changed the vote of about 1% of the electorate in the first round and that roughly one in five former bettors moved to sites still operating. The survey was published on 23 October, four days before the second round, according to the report.

Continue reading