AmericasBrazilBusinessFixed-odds betting terminalsGamblingLuiz Inácio Lula da SilvaSportTravel & leisureWorld news

Lula bans fixed-odds sports betting a week before Brazilian elections

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This story was selected and curated by our editorial team in the Americas category. Published on September 26, 2026 • Originally reported by Associated Press. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

President’s ‘hard, drastic and necessary measure’, likely to attract widespread public support, polls suggest

Brazilian president, Luiz Inácio Lula da Silva, has signed an order banning fixed-odds sports betting just over a week before the first round of the presidential election, in a move he said was designed to tackle the pervasive problem of families falling into debt.

The decision ends the operation, offering, intermediation and advertising of betting.

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