Sports BettingGamblingNews · 3h ago
Thousands of Employees Lose Jobs as Brazil Bans Online Gambling
By Stefan Velikov•October 12, 2026
The brief
With President Luiz Inácio Lula da Silva signing Provisional Measure 1.394, which prohibits fixed-odds betting throughout Brazil, the country’s gambling sector has been seeing a real shakeup as multiple gambling companies have been closing their doors. As a result, thousands of employees have lost their jobs. Accordin…
Original report
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