Lula's ultimatum on betting regulations: "If it doesn't work, we'll end it"
Monday 07 de October 2024 / 12:00
⏱ 2 min read
(São Paulo).- President Luiz Inácio Lula da Silva (PT) said on Sunday that a proposal to regulate online betting platforms should be ready next week.
According to President Lula Inácio da Silva if the new rules don't bring beneficial results in terms of preventing gambling addiction and the loss of money for families, the government will put an end to so-called betting. Lula did not, however, detail what this means.
‘Next week the regulations should be completely ready. Let's see the result. If it doesn't work, we'll put an end to it,’ he said. ‘I'll have no doubt about putting an end to it once and for all,’ he said at another point.
Lula indicated, however, that he favours a way out via new rules, because, as is the case all over the world, people should have the freedom to gamble. He also said that it would be difficult to ban gambling, since even games that are now banned by law continue to exist, such as betting on cockfights.
‘Gambling is forbidden in this country and everyone knows that in the morning they go to buy bread and make a bet even on the bread paper,’ he said.
‘I don't want to stop people from betting, because people like to bet. But what I can't do is allow gambling to become a disease,’ he added.
The president cited cases he knows of people who have lost their homes, cars and used their entire salaries to gamble.
Regarding the use of the Bolsa Família in bets, Lula said that he doesn't accept this idea. However, he pointed out that these cases are occasional.
The president recalled that it is often women who receive the social benefit, and that they are unlikely to spend their children's money on gambling.
Lula also said that the government hopes to take down around 2,000 gambling sites in the country this month.
Categoría:Legislation
Tags: Sin tags
País: Brazil
Región: South America
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
Regulation and the Black Market in Latin America: Challenges and Solutions
(Lima, SoloAzar Exclusive).– As part of the Peru Gaming Show (PGS) 2026 conferences, gaming industry leaders analyzed one of the main challenges currently facing regulated markets in Latin America: the growth of illegal gambling. The panel "Regulation and the Black Market: Challenges and Solutions" brought together Carlos Fonseca, CEO of Gaming Law, as moderator; Neil Montgomery, founding partner of Montgomery & Associados; Tatiana Vásquez, founding partner of Vázquez Asociados; Karen Sierra Hughes, Vice President for Latin America, the Caribbean, and Spain at GLI; and Vanessa Cabrera, Director of the Control and Sanction Directorate of the DGJCMT-MINCETUR, who debated the causes of the black market, the available regulatory tools, and strategies to strengthen channeling toward legal gaming in the region.
Wednesday 15 Jul 2026 / 12:00
Fernando Polti, Founder & CTO of IAG Play, talks about everything related to Peru Gaming Show
(Lima, SoloAzar Exclusive).- Fernando Polti, Founder & CTO of IAG Play analyzes the company's participation in Peru Gaming Show, highlights the expansion of its terminal ecosystem and anticipates the company's next projects to consolidate its presence in Latin America during 2026.
Monday 13 Jul 2026 / 12:00
APADELA and the Future of Sports Betting in Peru Following Regulation
(Lima, SoloAzar Exclusive).- During the Peru Gaming Show 2026, Gonzalo Rosell, President of the Peruvian Association of Online Sports Betting and Related Activities (APADELA), analyzed the current state of the Peruvian remote gaming and sports betting market following the implementation of the regulatory framework. In his presentation, “Current Situation of the Remote Gaming and Sports Betting Industry Post-Regulation in Peru,” the executive highlighted the tax challenges facing the formal industry and called for a review of the selective consumption tax.
Friday 10 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
