Brazil bans sports betting days before presidential election

Brazil bans sports betting days before presidential election

Brazilian President Luiz Inacio Lula da Silva has ordered a ban on sports betting websites, a major source of sponsorship for the country’s football clubs, days before the presidential election in which he is seeking a fourth term.

The decision comes amid a rapid expansion of gambling in Brazil, with authorities expressing growing concern over financial addiction and the vulnerability of low-income families.

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Reported by Daily Post.

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