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Lula bans fixed-odds sports betting ahead of election

Guardian World1 min read98 words
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President Luiz Inácio Lula da Silva signed an order banning fixed‑odds sports betting just over a week before the first round of Brazil’s presidential election. The measure halts the operation, offering, intermediation and advertising of such betting activities.

Lula described the ban as a “hard, drastic and necessary measure” intended to address the pervasive problem of families falling into debt, and polls suggest it is likely to attract widespread public support. The decision was taken shortly before the upcoming election.

The ban was signed by President Luiz Inácio Lula da Silva just over a week before the election.

Read the original at Guardian World

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