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Lula signals possible restrictions on Brazil’s online betting platforms

Regulation

Brazilian President Luiz Inácio Lula da Silva has placed action against online betting platforms at the centre of his re-election campaign and signalled that he may seek to prohibit online casinos. Government decision-making was expected to begin on 23 September, while the report described a full or partial restriction as under consideration. Legalised betting companies paid R$30 million to the federal government for five-year operating terms, the report said.

A full or partial restriction could affect operators’ ability to serve Brazil despite their five-year operating terms.

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Regulation

Lula weighs measures against Brazil’s online betting platforms

Brazilian President Luiz Inácio Lula da Silva said on 16 September that he personally favours ending betting platforms but must consider the consequences before deciding. His campaign is preparing an election programme featuring people affected by online gambling dependence, while possible measures against betting platforms are still under consideration.

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