Brazil has abruptly reversed course on regulated gambling, ordering licensed sportsbooks and online casinos to shut down as players face an October deadline to recover their funds. Betting Sites Must Go Dark on October 6 Brazilian President Luiz Inácio Lula da Silva has signed Provisional Measure No. 1,394, banning fixed-odds sports betting and online casino […]
Luiz Inácio Lula da Silva
Brazil Weighs Online Casino Ban While Sports Betting Gets a Reprieve
Brazil is considering a major change to its regulated gambling market, with online casino games facing a possible ban while sports betting appears set to remain legal. Casino Games Face The Axe Brazil’s government is preparing a measure that would prohibit licensed operators from offering online casino games, according to people familiar with discussions inside […]
Lula Floats Brazil Online Casino Ban After Backing Market Reform
Brazil’s president has turned against a market his own government helped open, putting fresh political risk over one of the world’s fastest-growing regulated gambling sectors. Lula links online gambling to family debt Brazilian President Luiz Inácio Lula da Silva has called for action against online casino games, saying they are draining household budgets and hurting […]
