On September 25–26, 2026, Brazilian President Luiz Inácio Lula da Silva signed executive orders banning fixed-odds sports betting and online casino operations, a measure intended to attract voter support ahead of the October 4 election.
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President Luiz Inácio Lula da Silva will sign two provisional measures on Friday, one banning online betting and another aimed at renegotiating individual debts, according to two people with knowledge of the matter.
SAO PAULO, Sept 25 - Brazil's President Luiz Inacio Lula da Silva on Friday announced a ban on online betting operations in Latin America's largest economy, the latest in a series of measures unveiled ahead of next month's election.
Brazilian President Luiz Inacio Lula da Silva announced a ban on online betting operations, less than two years after the industry was legalized. The measure comes ahead of the October 4 first-round election, where Lula faces a tight race with right-wing Senator Flavio Bolsonaro. The government says the ban addresses rising household debt linked to gambling, while Bolsonaro called it “populist” an
Brazilian President Luiz Inácio Lula da Silva signed a provisional measure on Sept. 25 banning online fixed-odds betting and casino operations, including their promotion and intermediation. It took effect immediately: users could no longer add funds but had until 11:59 p.m. on Oct. 5 to withdraw balances; betting platforms were due to stop operating on Oct. 6. Congress must approve the measure wit
President’s ‘hard, drastic and necessary measure’, likely to attract widespread public support, polls suggest Brazilian president, Luiz Inácio Lula da Silva, has signed an order banning fixed-odds sports betting just over a week before the first round of the presidential election, in a move he said was designed to tackle the pervasive problem of families falling into debt. The decision ends the op
Lula Bans Fixed-Odds Betting in Brazil One Week Before Election Brazilian President Luiz Inácio Lula da Silva signed an executive order banning fixed-odds sports betting, a move he framed as protecting household budgets ahead of the first round of presidential ele