Whoever wants to earn money should look for an 'honest way', says Lula one day after prohibiting betting
During a campaign rally in São Paulo, the president also stated that betting has become a 'disgrace' in the lives of poor people
TL;DR
- President Lula advocates for the prohibition of online betting ('bets').
- He stated that people should find 'honest ways' to earn money.
- A provisional measure (MP) was issued by the government to ban the exploitation, offering, intermediation, and advertising of betting in Brazil.
- The MP aims to address the financial strain betting has placed on poor families.
- Brazilian families reportedly lost R$ 62.5 billion to betting platforms in 2025.
- The ban includes fixed-odds betting and online games.
- Existing funds in legal betting sites can be withdrawn until October 5th.
- After October 5th, betting sites will be removed from circulation.
- The government will send a bill to Congress to create specific crimes related to online betting.
- Proposed penalties include imprisonment for operating and advertising betting platforms.