Lula signals possible restrictions on Brazil’s online betting platforms
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.