Politics
‘Betting Won’t Come Back’: Lula’s Upset Win Keeps Brazil’s Ban On
Bitcoin.com News·October 26, 2026·1 min read
Brazil's presidential runoff ended with incumbent Luiz Inácio Lula da Silva winning, and on the same day, the nation's 85 sports betting and online casino licenses lapsed. Three days earlier, Lula said betting would not come back, indicating his government's hostile policies toward the industry will persist, keeping the ban in place.
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