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Brazil retail groups back federal ban on sports betting as spending surges
Valor Econômico·BR·1 day ago
Flávio Bolsonaro, Liberal Party candidate for the presidency, criticized the government's provisional measure banning sports betting in Brazil, arguing it could harm the 2026 World Cup. The measure, issued by the Lula administration, marks a policy reversal on gambling regulation. The political impact is uncertain, but the issue may become a campaign flashpoint ahead of the election.