Lula Bans Online Betting in Brazil Days Before Presidential Election
Brazil's president has abruptly banned online sports betting and casinos just before the election, sparking debate over economic, social, and political impacts as the industry shuts down.
Read the full story → · Latest coverage 28 Sept 2026, 1:00 pm UTC
Key moments · 7
Lula blames online gambling for household debt at campaign rallies
Bloomberg ↗Lula announces immediate ban on online betting in Brazil
BBC Brasil ↗Finance minister confirms halt on new deposits to betting sites
Política - Últimas notícias | InfoMoney ↗Ban extends to fixed-odds sports betting and digital casinos
Financial Times ↗Government sets timeline for platform shutdown and user withdrawals
TGcom24 ↗Political opponents accuse Lula of election opportunism
CNN Brasil ↗Government will not indemnify betting companies for lost licenses
Política - Últimas notícias | InfoMoney ↗















