PRO articlePolitics

Lula Bans All Fixed-Odds Betting Days Before Election, Citing Public Health Crisis

President Luiz Inácio Lula da Silva signed a Provisional Measure banning online betting in Brazil, reversing a recently regulated R$10 billion industry.

By Eleanor Shaw

Published Sep 27, 2026, 9:17 PM UTC

Lula Bans All Fixed-Odds Betting Days Before Election, Citing Public Health Crisis — Source: Ricardo Stuckert/PR / Wikimedia Commons (CC BY 3.0 br)

President Luiz Inácio Lula da Silva signed a Provisional Measure banning online betting in Brazil, reversing a recently regulated R$10 billion industry.

Loading subscriber access…

Politics
Strong Brazil Tax Collection Eases Fiscal Risk for US ETF Investors
Published Oct 22, 2026, 3:16 PM UTC
Politics
Tech Giants Face Tightening Rules in Brazil After Deepfake Ruling
Published Oct 22, 2026, 1:22 PM UTC
Politics
Global Funds Face Brazil Election Deadlock Days Before Sunday Vote
Published Oct 22, 2026, 1:21 PM UTC

Related coverage

Strong Brazil Tax Collection Eases Fiscal Risk for US ETF Investors

Tech Giants Face Tightening Rules in Brazil After Deepfake Ruling

Global Funds Face Brazil Election Deadlock Days Before Sunday Vote