By SectorWire desk · · Updated
A poll found 62% support for Brazil's betting ban. The outlet also reported that Polymarket assigned Flávio Bolsonaro a 58% probability of winning the forthcoming presidential election.
Operators face 62% public support for Brazil's betting ban, according to the reported poll.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
Brazilian authorities face continued Polymarket access despite a federal prohibition, with presidential election betting reported at R$750.8m.
The timing of Fux’s review and the MP’s required congressional vote affect operators’ authorisations and betting sponsorships in Brazil.
The 92 amendments leave Brazil’s betting rules under review, with proposals spanning licensed betting and online casino games.
The proposal could affect betting operators and the sector’s workers, clubs and public revenue if Congress advances the ban.
President Lula’s renewed criticism puts betting’s alleged harm to poor people under political scrutiny.
Operators await a Supreme Court decision on Brazil’s regulated gambling sector closure that experts expect after the general election.