Do any hopes remain for Brazil’s Bets regime?

There are just two days to go before Brazil decides who will be its next President, but the country’s fading regulated gaming market appears to have little hope of a full revival. Stakeholders in the country were rocked last month when President Lula Da Silva published a provisional measure that forced the shutdown of licensed gambling operators on 5 October, citing the industry’s role in spiking debt levels in Brazil. Since then, neither Lula nor chief opponent Flavio Bolsonaro have gained enough voter share to emerge victorious in the election, necessitating a runoff vote on Sunday (25 October).