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According to two people familiar with the matter, Brazilian President Lula will sign two temporary laws on Friday, one prohibiting online gambling and the other for personal debt restructuring. Less than two weeks until Brazil's deadlocked presidential election, the current president's move is intended to ease the growing concern of the public about household debt. Lula has repeatedly threatened to ban online gambling, saying that gambling has increased financial pressure on families. According to a new Datafolha poll released on Thursday, left-wing candidate Lula and right-wing rival Flavio Bosonaro are on equal footing in the presidential election. According to poll data, in the second round of voting, Lula's approval rating was 47% and Bosonaro was 45%, and the difference was within the margin of error. In recent weeks, Lula has intensified her criticism of the gaming industry, stating that she favors the complete abolition of online gambling. Its government has previously banned recipients of major social welfare programs from participating in gambling, while imposing relevant restrictions on people participating in debt restructuring plans.
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According to two people familiar with the matter, Brazilian President Lula will sign two temporary laws on Friday, one prohibiting online gambling and the other for personal debt restructuring. Less than two weeks until Brazil's deadlocked presidential election, the current president's move is aimed at easing the growing concern of the public about household debt. Lula has repeatedly threatened to ban online gambling, saying that gambling has increased financial pressure on families. According to a new Datafolha poll released on Thursday, left-wing candidate Lula and right-wing rival Flavio Bosonaro are on equal footing in the presidential election. According to poll data, in the second round of voting, Lula's approval rating was 47% and Bosonaro was 45%, and the difference was within the margin of error. In recent weeks, Lula has intensified her criticism of the gaming industry, stating that she favors the complete abolition of online gambling. Its government has previously banned recipients of major social welfare programs from participating in gambling, while imposing relevant restrictions on people participating in debt restructuring plans.
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