Lula Renews Push to End Online Betting as Brazil Weighs New Curbs
President Lula said he would end online betting if it were up to him, as Brazil studies new curbs and police raid the Pixbet group over money laundering. The post Lula Renews Push to End Online Betting as Brazil Weighs New Curbs appeared first on The Rio Times .
President Lula has renewed his push to end online betting in Brazil, following a police raid on the Pixbet group last week. The raid uncovered an alleged money laundering scheme involving the IDs of 549 deceased individuals. Lula has stated that he would end the sector if he were the sole decision-maker. His government is currently studying various measures to limit the platforms, with involvement from the Finance, Planning, and Justice ministries.
Lula frames betting as both a health issue and a financial problem, expressing concern over low-income Brazilians spending their limited resources on bets. Since 2025, Brazil's regulated online betting market has generated around R$37 billion in gross gaming revenue, with operators paying a 12% tax on this revenue and players paying a 15% tax on their winnings.
Despite Lula's strong stance, any potential ban would require further debate and likely the involvement of Congress.
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