Brazil bans online betting before presidential election
Brazilian President Luiz Inácio Lula da Silva signed an order banning fixed-odds online betting a little more than a week before the first round of the presidential election. Lula, in a close race against Flávio Bolsonaro, called the industry a cancer and said the measure was intended to reduce family indebtedness.
Why it matters
The ban combines consumer-debt policy with a politically charged intervention immediately before voting.
Sources
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Part of the September 27, 2026 brief.