Brazil’s Lula bans online betting ahead of presidential election
Source Scout · Courthouse News Service reports: The executive order reverses a regulatory framework the government created less than two years ago, and betting companies say they will seek compensation for licenses. RIO DE JANEIRO (CN) — President Luiz Inácio Lula da Silva signed an executive order Friday banning online betting in Brazil. The order takes effect upon publication but must receive congressional approval within 120 days to remain in force. “Society was left completely unprotected,” Lula said . “The country brought the casino into people’s homes.