Brazil’s Minister of Institutional Relations, José Guimarães, said the government has yet to define how it will address the country’s online betting sector amid growing concerns over problem gambling. The minister suggested that future measures could be significant, ranging from stricter regulation to even a potential suspension of betting activities.
The statement comes as Brazil’s federal government moves toward a harder policy debate on betting, with officials linking the sector’s rapid growth to household indebtedness and the risk of borrowers returning to financial stress after debt renegotiation.
The issue has gained political weight as President Luiz Inácio Lula da Silva and Workers’ Party…