Lula signals Brazil may restrict betting advertising and online casinos
Brazilian President Luiz Inácio Lula da Silva criticised the betting industry at the UN General Assembly on Tuesday as his government considers a provisional measure. Media reports said the proposal is likely to restrict gambling advertising and may prohibit some online casino products, but is not expected to impose a complete betting ban. The government is seeking to avoid legal challenges from authorised operators, according to the reports.
Potential advertising and online casino restrictions could affect operators’ marketing and product availability in Brazil.