Brazil bans online betting as Lula signs measure to end regulated market
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Brazilian President Luiz Inácio Lula da Silva has signed a provisional measure banning fixed-odds betting and online casino games, bringing the country’s recently regulated betting market to an abrupt halt. The measure, signed on September 25, prohibits the exploitation, offering, intermediation an…
Brazilian President Luiz Inácio Lula da Silva has signed a provisional measure banning fixed-odds betting and online casino games, bringing the country’s recently regulated betting market to an abrupt halt. The measure, signed on September 25, prohibits the exploitation, offering, intermediation and advertising of fixed-odds betting across Brazil, including both sports betting and online games....