Gambling
Brazil agencies ‘strongly concerned’ about online gambling
The rise of online gambling is fueling concerns over its toll on Brazilians’ mental health and personal finances. The impact on household budgets, especially in low-income communities, is already rippling through the broader economy, affecting Brazilian retail.
A June report by brokerage firm XP found that online gambling now accounts for 1 percent of Brazil’s gross domestic product and consumes roughly 20 percent of the discretionary spending of the country’s poorest households, who often fall prey to quick-fix schemes due to their financial vulnerability.
Experts have also raised alarms about the potential burden gambling-related mental issues could place on the public health system. Despite these warnings, the Health Ministry admits it has yet to take any concrete steps to address the problem.
Concerns around gambling are permeating other areas, becoming an issue electoral courts and law enforcement must deal with.
Gambling in elections is becoming a thing in Brazil. While not expressly prohibited by Brazilian law, the Finance Ministry says bets not provided for in the legislation cannot be understood as legalized. Rules set to kick in on January 1, 2025, only mention “real-life sporting events” or “virtual online gaming events.”
The Electoral Superior Court may be called upon to rule on the matter due to concerns that political bets may change the motivations behind each vote, replacing political convictions with financial calculations.
Senator Randolfe Rodrigues, the government’s chief whip in Congress,…
A survey found a Thanksgiving feast for 10 will run you $58. We went shopping in Jacksonville to find out if it’s true
Here’s what Pa Gov. learned from small businesses at a West Philly barbershop
Zhou Guanyu’s Emblematic Rise on the Formula 1 Fashion Scene
Germany: Bosch to cut 5,000 jobs with car industry in crisis – DW – 11/22/2024
This Four-Week Plan Will Help You Build Speed and Stamina
Black Friday DualSense deals have been cheaper but these PS5 discounts are better than nothing
What’s Next for Airbnb – Skift Travel Podcast
World Day of Remembrance 2024 – Bicycle Coalition of Greater Philadelphia
Bentley on Track to be the First Fair Trade-Certified U.S. Business University
