Lula says he would close Brazil’s betting companies, subject to Congress
Brazilian President Luiz Inácio Lula da Silva said in an interview on 8 April that he would close betting companies if the decision were his, while acknowledging that action depends on Congress and discussion. He also proposed tighter regulation as an alternative, questioning whether so many operators should remain in the country.
The president’s comments signal possible policy pressure on betting operators, while any closure depends on congressional discussion.