November 10, 2026
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Lula bans fixed-odds sports betting a week before Brazilian elections

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President’s ‘hard, drastic and necessary measure’, likely to attract widespread public support, polls suggest

The Brazilian president, Luiz InĂ¡cio Lula da Silva, has signed an order banning fixed-odds sports betting just over a week before the first round of the presidential election, in a move he said was designed to tackle the pervasive problem of families falling into debt.

The decision ends the operation, offering, intermediation and advertising of betting.

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The post Lula bans fixed-odds sports betting a week before Brazilian elections appeared first on Business | The Guardian.

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