Brazil's President Lula has issued a stern warning regarding online sports betting, stating that he will impose a ban if addiction issues are not adequately addressed. The rise of licensed sports betting brands has led to significant financial strain, particularly on low-income families who receive government aid.
A recent central bank report revealed that these households spent approximately 3 billion reais on gambling. Despite previous bans aimed at curbing illegal gambling, the problem persists, raising serious concerns about the well-being of vulnerable populations.
Lula's focus on regulation is driven by alarming statistics, including a notable increase in suicide attempts among gambling addicts. The government is under pressure to implement effective measures to protect its citizens.
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