President vows “no love to gambling” in Brazil’s election year

Wednesday, February 11, 2026 7:52 PM
Photo:  Shutterstock
  • Leonardo Biazzi and Elisa Marcante, SBC News

The PT government has threatened to take a ‘tougher direction’ on gambling as a new round of finger-wagging begins in Brazilian politics over the governance of an unsettled online market.

On Monday, speaking at a healthcare and education summit in São Paulo, President Inácio ‘Lula’ da Silva once again delivered a speech critical of the ‘Bets’ regulatory regime for online betting.

Though launched under his tenure in 2025, President Lula proclaims that he has been one of the strongest opponents of online gambling, maintaining that he holds “very serious concerns” about the sector.

In early campaign mode, as he prepares to fight for a fourth presidential term, Lula told audiences: “We will take a very serious action against the ‘bets’. They are taking money from the poor people of this country.”