President Jair Bolsonaro continues to ignore sports betting regulation

President Jair Bolsonaro has ignored the project to regulate sports betting in Brazil. The law was passed in December 2018, but the time limit for regulation expired last Monday. Businessmen in the sector are uneasy. There is still a chance that Bolsano will dispatch the demand during the week. For the moment, the market remains irregular.

Companies in the sports betting sector analyze legal measures. The most likely thing to happen now is an injunction. Betsson Brasil managing partner André Gelfi thinks the Bolsonaro government is ignoring the matter. The World Cup is expected to move more than R$ 20 billion in bets in Brazil. President Jair Bolsenaro continues to ignore sports gambling regulation. He is a supporter of the current president.