Brazil’s President Lula bans online betting ahead of presidential election
The order halts deposits and advertising, and users have until Oct. 5 to withdraw funds before the ban can stay in force.
- On Friday, President Luiz Inácio Lula da Silva signed a provisional executive order banning fixed-odds betting, designed to tackle families falling into debt ahead of next week's presidential election.
- Officials claim the ban addresses public health crises and economic drainage, citing a 2025 study showing betting costs Brazil 38.8 billion reais annually and increases suicide and depression rates.
- Brazil's main soccer clubs warned of financial ruin after betting companies reportedly threatened to terminate sponsorships immediately if the government proceeded with the ban.
- Sen. Flávio Bolsonaro, Lula's main rival in the upcoming election, accused the leader of an "electoral measure," though polls show widespread public support for the ban among Brazilians.
- The provisional order takes effect immediately but requires congressional approval within 120 days to remain in effect; users must withdraw funds from platforms by October 5.
233 Articles
233 Articles
The President of Brazil, Luiz Inacio Lula da Silva, announced a measure banning sports betting and online casinos, nine days before the presidential and legislative elections. Lula, accompanied by several members of the government, made the announcement on Friday in Sao Paulo, where he presented the ban for the so-called "bets", which targets "all types of ...
The president, tied with Bolsonaro Jr., vetoes digital gambling to face the serious debt and addiction crisis
Government announcement occurs at a time when the petist's campaign tries to react to polls of voting intent that put Lula statistically tied with his main opponent at the Palace of the Planalto, Flávio Bolsonaro, in a second-round scenario. Online bets took 62.2 billion reals from Brazilian families in 2025
A few days before the highly contested presidential election, Brazilian President Lula, who will run for a fourth term, banned sports betting sites, the country's biggest football club sponsors, on Friday.
Daily Post Nigeria
ghanamma.comBrazil bans sports betting days before presidential election
Brazilian President Luiz Inacio Lula da Silva has ordered a ban on sports betting websites, a major source of sponsorship for the country’s football clubs, days before the presidential election in which he is seeking a fourth term. The decision comes amid a rapid expansion of gambling in Brazil, with concerns that betting has pushed […] Brazil bans sports betting days before presidential election
Brazil's President Lula banned sports betting sites on Friday, 25 September, accused of promoting family dependency and indebtedness. This decision, supported by 75 per cent of Brazilians,...
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