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Lula weighs tougher measures against online gambling in Brazil

Regulation

Brazilian President Luiz Inácio Lula da Silva met civil society, business, religious, health and consumer-protection representatives on 1 September to discuss online gambling’s effects. He said he wanted a more drastic decision and that the government would consider additional measures to mitigate effects on household finances; gambling-industry associations and the Ministry of Finance’s SPA did not attend.

Possible additional government measures could affect regulated operators in Brazil.

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Regulation

Brazilian Congress weighs online betting ban after Lula wins election

Luiz Inácio Lula da Silva won Brazil’s presidential election with 51.75% of the vote, reportedly defeating Flavio Bolsonaro. Congress must decide the fate of Provisional Measure 1,394, which Lula signed in September and which bans online gaming and fixed-odds betting; lawmakers have 60 days to vote, with a possible 60-day extension.

Luiz Inácio Lula da Silva won Brazil's presidential election, reportedly taking 51.75% of the vote against Flavio Bolsonaro. The result leaves the future of the country's online gaming and fixed-odds betting market with Congress, which must decide the fate of Provisional Measure 1,394, signed by Lula in September.

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