SectorWire
SearchRegister
MenuClose

Lula seeks legislation to ban online casino games in Brazil

Regulation

Brazilian President Luiz Inácio Lula da Silva said he would seek legislation to prohibit online casino games, proposing talks with deputies and senators. In a televised address for International Women’s Day, he linked gambling to pressure on family finances and said the government would work with Congress and the Judiciary; industry reaction included criticism from the Association of Women in the Gaming Industry.

A proposed ban could change the legal status of online casino games in Brazil, a market where they were included in fixed-odds gambling legislation.

Request a correction

Flag an issue

Keep reading

Regulation

Lula's proposed betting ban leaves Brazil's regulated market uncertain

Brazil's election and President Luiz Inácio Lula da Silva's reported plan to repeal the 2024 betting law have left the industry's future uncertain, according to the account. It says an emergency decree would require betting agencies to close by 25 October and players to complete withdrawals by 5 October, but the measure's fate remains subject to Congress and a possible Supreme Court challenge.

Brazil's President Luiz Inácio Lula da Silva has announced his intention to repeal the 2024 betting law, according to the report, nine days after the first round of voting on 4 October. The repeal took the form of an emergency presidential decree requiring betting agencies to close by 25 October and players to complete withdrawals from their accounts by 5 October.

Continue reading