https://www.live-feeds.com/feed/lula-bans-fixed-odds-sports-betting-a-week-before-brazilian-electionsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lula-bans-fixed-odds-sports-betting-a-week-before-brazilian-electionshttps://www.live-feeds.com/feed/lula-bans-fixed-odds-sports-betting-a-week-before-brazilian-elections#u93622Thu, 01 Oct 2026 21:42:51 +0000Brazilian President Luiz Inácio Lula da Silva has banned fixed-odds sports betting, effective October 6, just over a week before the presidential election. The ban is seen as a popular measure, with polls suggesting it may attract widespread public support. Lula's administration has described the ban as a 'hard, drastic and necessary measure'. The country's online betting market generated over $4 billion in revenues in 2025.Why it mattersThe ban on fixed-odds sports betting comes as Lula faces a tight presidential race against Flávio Bolsonaro. The move is part of Lula&#039