(AsiaGameHub) – By: Jonathan Vance, Lead Focus Editor, Independent Overseas Public Affairs Weekly
The Brazilian Football Confederation (CBF) backs the Bets Law, but politics cloud its future. CBF VP Michelle Ramalho defended licensed bet operators at the Lisbon Forum. She said lawmakers should focus on unregulated firms. “Betting’s part of modern football,” she noted. Yet, the law’s fate is unclear.
Last week, Chamber of Deputies hearings began. They’re examining the law since Jan 2025. Divides exist over compliance, ads, tax, licensing. President Lula criticized the law, wanting reforms. Bills and amendments pile up. Politics act as a bargaining chip ahead of Oct elections. With months left, Brazil’s new betting market teeters.
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