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Ricardo Magri calls betting company ban a step backward for Brazil

Regulation · SectorWire deskSource published

Summary

Ricardo Magri, co-founder and CEO of the Brazilian Company for Support to the..., said the ban on betting companies represents a step backward for those working in the field. He described his first reaction as deep sadness.

Why it matters

Brazilian operators and suppliers face uncertainty over market access as industry figures publicly contest restrictions on betting companies.

Cite as: SectorWire, “Ricardo Magri calls betting company ban a step backward for Brazil”, 22 October 2026, https://sectorwire.news/item/ricardo-magri-calls-betting-company-ban-a-step-backward-for-brazil/

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