Brazil Fully Bans Online Gambling
The country's president Lula da Silva has signed a decree, calling the online gambling industry "a cancer that will kill society." The ban takes effect immediately amid the pre-election battle.
What you need to know:
🟣Poker rooms and bookmakers can no longer accept deposits.
🟣Brazilian players have until October 5, 2026 to withdraw all funds from their accounts.
🟣Organizing online betting is now classified as a criminal offense.
Brazil, with its population of 214 million, was one of the main driving forces and sources of traffic for the largest poker rooms.
Football will take a hit too — last year alone, local clubs earned $212 million from bookmakers. The gaming and lottery association is already preparing lawsuits, demanding compensation for the voided five-year licenses, each of which cost companies $5.8 million.
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What you need to know:
🟣Poker rooms and bookmakers can no longer accept deposits.
🟣Brazilian players have until October 5, 2026 to withdraw all funds from their accounts.
🟣Organizing online betting is now classified as a criminal offense.
Brazil, with its population of 214 million, was one of the main driving forces and sources of traffic for the largest poker rooms.
Football will take a hit too — last year alone, local clubs earned $212 million from bookmakers. The gaming and lottery association is already preparing lawsuits, demanding compensation for the voided five-year licenses, each of which cost companies $5.8 million.
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