Lula or Bolsonaro? Brazil’s betting industry prepares for judgement day

Bolsonaro reportedly vows to end the country's sports betting ban while facing a police inquiry into alleged money laundering through bets – something he denies Brazilians go to the polls on Sunday 25 October. They will choose between the president who imposed Brazil’s betting ban and a challenger who signals he would bring the market back. The race could not be closer. The final Datafolha poll before the vote has Flávio Bolsonaro on 47% and Lula on 46%. In valid votes, the split is 50–50. Prediction markets see it differently.