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‘Betting Won’t Come Back’: Lula’s Upset Win Keeps Brazil’s Ban On

News.Bitcoin.com
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‘Betting Won’t Come Back’: Lula’s Upset Win Keeps Brazil’s Ban On

Brazil’s close-fought presidential runoff ended with a surprise win of incumbent Luiz Inácio Lula da Silva 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, suggesting his government’s newly hostile policies against the industry will stay in place. Betting […]

Key Takeaways

  1. Brazil’s close-fought presidential runoff ended with a surprise win of incumbent Luiz Inácio Lula da Silva on the same day the nation’s 85 sports betting and online casino licenses lapsed.
  2. Three days earlier, Lula said betting would not come back, suggesting his government’s newly hostile policies against the industry will stay in place.
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.