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Lula Orders Immediate Online Betting Ban, Congress to Decide

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Story summary
  • President Luiz Inácio Lula da Silva announced a ban on online betting operations.
  • The ban takes effect immediately but requires congressional approval within 120 days.
  • Finance Minister Dario Durigan said betting sites must stop claims after Oct 5 and block access on Oct 6.
  • Senator Flavio Bolsonaro called the measure populist, hypocritical and politically motivated.
  • Finance Ministry estimates households spend about 60 billion reais annually on online betting, yielding 10 billion reais tax revenue.