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I'm kind of an amateur on the subject, so if you could explain it to me, I would appreciate it. Now that the bets are banned, are addicted people automatically cured? They are not going to try to circumvent this measure with a VPN, right? That would mean that the measure served no purpose, besides screwing the contracts that Lula himself had sanctioned for five years, and I am sure that Lula wouldn't do this, he wouldn't default because he is the most honest soul in Brazil. How does that work? (translated)

What the minority that is criticizing the ban on the Bets will not tell you. (translated)

"When this deadline ends and if there is no approval from the Legislative, betting may return with more strength, but the elections will have already passed." Flávio Bolsonaro accused Lula da Silva of promoting an "electoral fraud" by announcing the prohibition only nine days before the elections, since, he argued, it was the government of the Workers' Party (PT) itself that regulated betting, authorized 85 companies to operate, and collected about 20 billion reais (around 3.855 billion dollars) in taxes from these operators. (translated)

Lula justifica proibição de apostas desportivas
observador.pt

During a rally in São Paulo, Lula da Silva justified the ban on sports betting on the Internet by citing the high levels of indebtedness among the population, highlighting the need to protect the poorest from financial losses. (translated)

Lula justifica proibição de apostas desportivas

If football clubs had wagered their future on bets with moderation, they wouldn't be going through this. BETS ARE NOT INVESTMENTS. (translated)

Lula on influencers who support bets: "Whoever wants to make money should find an honest way, but not by killing and indebting poor people, selling lies." (translated)

Today, every kind of scammer promoting betting houses is freaking out and doing acrobatics to try to justify the existence of bets in this country. A disqualified and cretinous bunch that, since they couldn't create an image to attract brands, rushed to collaborate with the exploitation of the misery of the Brazilian people. I hope that in this provisional measure from the Lula government there are very strict determinations against anyone who dares to violate it. (translated)

M. Tips 5h

Don't bet for now. Don't deposit and run the risk of being robbed by illegal houses. Probably on Monday we will have news with the filing of lawsuits by the houses to try to block the government's measure. For now, the best thing to do is to rest. (translated)

According to the consulting firm Palver, 80% of the messages exchanged in groups about Bets are in favor of banning betting in the country. The media may cry over the millions lost, the influencers who profit from others' losses may protest, but Lula scored a great goal. And the people know it! (translated)

CHOQUEI 6h

🚨ATTENTION: Countries in Europe, Africa, and North America are considering a BAN on bets after the decision gained international attention. (translated)

🚨 Flamengo estimates a loss of R$ 400 million per year due to the end of bets. The main loss is the master sponsorship contract of R$ 268 million per year, which also includes amounts for Olympic sports and women's football. Another impact may come from the contract of about R$ 63 million with Brax for the advertising boards of the Brasileirão. Most advertisers were betting houses. In the Campeonato Carioca, there is also an agreement with Brax and naming rights for betting houses. Fla receives about R$ 27 million, with a good part of the rights paid by Globo to Brax and the rest coming from commercial revenue. The calculation also includes other sponsors and resources from laws that incentivize Olympic sports. The club also estimates having 100,000 shirts produced by Adidas with the master sponsor's brand that cannot be sold, in addition to the loss of royalties. There are also possible impacts on the COPA DO BRASIL and the BRASILEIRÃO, competitions with naming rights for bets. With all this, Flamengo calculates a loss of around R$ 400 MILLION PER YEAR. If the scenario is confirmed, Rubro-Negro will have to REVIEW EXPENSES for 2027. (translated)

NOW - Influencers who became millionaires with Bets go crazy after ban (translated)

Betting platforms start notifying users that new deposits are prohibited and suspend activities after a provisional measure signed by President Lula. (translated)

The prohibition of betting and online casinos in Brazil has repercussions in the international community. Countries in Europe, Africa, and North America are considering similar actions. (translated)

I never received so many DMs and messages in 10 years of activity of this profile. In addition to the great engagement with the community of bettors that we naturally already had, the algorithm started to deliver messages to political supporters, which increased engagement by almost 350% in the last week according to Twitter data. So I’m practically unable to respond to the questions that followers send me due to the gigantic increase in the volume of messages. I will try to summarize most of the questions that came in, let’s go. 1. Until when can I withdraw from the houses? - Until 11:59 PM on 10/05. After this date, an automatic withdrawal will be made to the account that deposited. 2. Are bets definitely prohibited in Brazil? - No. The government sent a Provisional Measure, which has immediate effect, but which needs to be voted on by the National Congress within 120 days. If it is not voted on, it ceases to have effect and returns to normal as it was before the PM. Because of the parliamentary recess, the PM, if not voted on, expires on 03/05/2027 (yes, in March of next year). 3. Can betting return before the PM is appreciated? - Yes, through the judiciary. The houses will certainly go to court starting Monday aiming for a return before the PM is voted on by Congress. It will depend on the court's decision, in a preliminary ruling, to determine whether or not the betting houses return to operation until the Provisional Measure is appreciated. 4. When will the PM be voted on? - Only the president of the Chamber, Hugo Motta, has that answer. He decides when and if it goes to a vote. But it is very likely that it will not be voted on before the second round (if there is one) of the presidential election, on 10/25. Before that, I consider it almost impossible. 5. What is the expectation for the voting result? - This is almost a consensus among political, sports, and legal agents I spoke with: everyone is very confident that the PM will not be approved in its entirety. The chance of sports betting remaining is enormous. Casinos and advertising, on the other hand, may suffer some type of partial restriction. 6. Where can I bet during this period? - I cannot indicate illegal houses. In addition to being a crime, it is unethical. Betting in illegal houses can bring you a lot of problems, including balance restrictions. 7. Is betting or disclosing anything related to betting now a crime? - No, the bill sent by the president, unlike the Provisional Measure, does NOT have immediate effect. It is just a bill that has no guarantee of being put on the agenda or approved. 8. What will happen with pending long-term bets? - I believe that each house will resolve it in its own way. But I think that most should annul. Here is purely my guess; I haven’t spoken to any representative of the houses about this. If you have more questions, feel free to ask. I will try to respond. (translated)

🚨 Now! Corinthians wanted 3 months of adaptation without bets and sees a "near-devastated" scenario with an impact worse than the exit of Caixa from football in 2019. Timão wanted 90 days to seek new revenues and reduce the impact on already assumed commitments, but this deadline was not included in the Provisional Measure signed by President Lula. To continue being valid, the MP needs to be approved by Congress within 120 days. • CORINTHIANS MONITORS IMPACT ON CONTRACTS The board hopes the government will consider the effects on the clubs. Timão projects a decrease in revenue and assesses that, in the short term, there are no companies capable of paying the amounts offered by bets. • IMPACT WORSE THAN CAIXA The board believes that the impact may exceed the exit of Caixa from football. The club's agreement with the bank ended in 2017, and the Alvinegro went 21 months without a fixed major sponsor. In Corinthians' assessment, the bets raised the financial level of sponsorships. The club still does not know at what level these amounts will stabilize. • MAJOR SPONSORSHIP Timão has a contract with a betting house until 2029. The agreement yields R$ 150 million fixed per year, potentially reaching R$ 200 million. In financial difficulty, Corinthians was counting on the money generated by the MP to keep the accounts up to date. The board estimates that about 15 clubs in Serie A may have difficulties paying salaries after the betting ban. (translated)

🚨SEE: President of Atlético GO claims to be against betting houses, questions Lula's government decision and says: "I don't like petistas. I see petistas with moral and intellectual deviation." (translated)

In the last 18 months, Brazilians lost R$ 62.5 billion in betting houses, represented by the difference between the money allocated to the platforms and what was returned in the form of prizes. (translated)

Temer created and legalized the quota betting modality with an initial deadline of up to 4 years to be regulated. Bolsonaro let it go without any regulation whatsoever. Lula regulated it, established rules, and now, declared the end. Bolsonaristas say that Lula created the bets. 🤣 (translated)

The Federal Government anticipates a penalty of 2 to 4 YEARS for influencers who promote gambling. (translated)