🤡 Brazil🇧🇷: President Luiz Inácio Lula da Silva (“Lula”) stated on television that he will shut down all bookmakers

🤡 Brazil🇧🇷: President Luiz Inácio Lula da Silva (“Lula”) stated on television that he will shut down all bookmakers

The statement generated broad attention.

⏩ The remarks were made on April 8, and the president’s main position was expressed as follows: “Betting must be regulated so that there is as little of it as possible, or none at all”. A few days later, he also criticized internet expenses and online consumption, arguing that they significantly affect the budgets of ordinary Brazilians.

⏩ Context: the regulatory framework for online gambling and sports betting entered into force in January 2025, after Lula personally signed bill PL 2626/2023 about a year and a half earlier. He later promoted various measures to restrict certain provisions, including blocking some tax incentives before the law took effect. In March of this year, he had already stated that “online casinos are a tragedy that has fallen upon Brazilian homes”.

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