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One month into the betting ban, Brazil’s industry looks in the mirror

Picture: iGaming NEXT

With Lula re-elected and licences expired, industry stakeholders admit the sector lost the argument on gambling and must accept limits to earn back public trust Lula da Silva was re-elected Brazil president on Sunday 25 October with 51.79% of valid votes, on the same day the licences of 85 operators expired , marking the one-month anniversary of the country’s betting ban. The election result alone does not settle the market’s future, which now rests with the Supreme Federal Court (STF) and Congress.

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