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Presidential Candidate Romeu Zema Vows to Ban Sports Betting, Threatening Billions in Federal Tax Revenue

Frontrunner in Brazil's 2026 presidential election, Romeu Zema, pledges to ban the newly regulated sports betting market, creating massive regulatory uncertainty.

By Eleanor Shaw

Published Aug 18, 2026, 3:35 PM UTC

Presidential Candidate Romeu Zema Vows to Ban Sports Betting, Threatening Billions in Federal Tax Revenue — Source: Andressa Anholete/Agência Senado / Wikimedia Commons (CC BY 2.0)

Frontrunner in Brazil's 2026 presidential election, Romeu Zema, pledges to ban the newly regulated sports betting market, creating massive regulatory uncertainty.

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