Lula weighs restrictions on online betting before Brazil's October elections
Brazilian President Luiz Inácio Lula da Silva is considering measures against online betting before October's elections, with a provisional measure among the options under discussion, according to a media report. The final decision has not been made; the report says proposals include a total ban, restrictions on advertising or seeking a court ruling.
A possible ban or advertising restriction could materially change the operating conditions for betting companies in Brazil.