Brazil’s sports betting industry has submitted a report to the government disputing research that associates betting with higher household debt and default rates. Commissioned by the National Association of Games and Lotteries, the document identifies methodological and statistical problems in a study by the National Trade Confederation.
The ANJL’s main criticism concerns the CNC’s comparison of periods before and after January 2023, according to the Radar Econômico column published by Brazilian magazine Veja. Although presented as a “differences-in-differences” analysis, the model does not include a control group and therefore cannot establish what would have happened to household debt if betting had not…