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5 results for “online gambling”

Brazil Sports Betting Ban Takes Immediate Effect, Government Exempts Itself from Indemnity
Politics• 3h ago

Brazil Sports Betting Ban Takes Immediate Effect, Government Exempts Itself from Indemnity

New Provisional Measure signed by President Lula ends Brazil's regulated betting market and blocks operators from seeking compensation.

Lula Proposes Up to Six Years in Prison for Online Betting Operators in Brazil
PROPolitics• Sep 25

Lula Proposes Up to Six Years in Prison for Online Betting Operators in Brazil

Brazilian President Luiz Inácio Lula da Silva is moving to criminalize the recently regulated online gambling sector, proposing up to six years in prison for operators and those who advertise for them.

Lula Threatens to 'End' Brazil's Regulated Sports Betting Sector
Politics• Sep 19

Lula Threatens to 'End' Brazil's Regulated Sports Betting Sector

President Luiz Inácio Lula da Silva escalated his rhetoric against online sports betting, calling it a "disease" and threatening to abolish the sector his government recently regulated, creating policy uncertainty for a multi-billion real industry.

Lula Announces Welfare Hike, Free Weight-Loss Injections While Threatening to Ban Regulated Betting Ahead of Election
PROPolitics• Sep 19

Lula Announces Welfare Hike, Free Weight-Loss Injections While Threatening to Ban Regulated Betting Ahead of Election

President Lula made a series of fiscally significant and politically charged announcements, including a 15% Bolsa Família increase and a threat to shut down the newly regulated online gambling industry, two weeks before Brazil's presidential election.

Lula Government Moves to Ban Online Casinos and Impose Sweeping Restrictions on Sports Betting
PROMarkets• Sep 19

Lula Government Moves to Ban Online Casinos and Impose Sweeping Restrictions on Sports Betting

Brazil’s federal government is preparing a Provisional Measure to ban online casino games and severely restrict sports betting advertising, citing rising household debt.