Federal government confirms betting ban, Corinthians keep watch | OneFootball

At the beginning of the evening this Friday (25), the Federal Government announced new measures to make the operation of betting houses, known as bets, and online casinos stricter. The action bans virtual games and betting in the country. The President of the Republic, Luiz Inácio Lula da Silva, together with allies at an event held in São Paulo, announced that, as of the publication of the provisional measure, no further deposits of any kind will be allowed.

According to information from G1, the unofficial extra measure is expected to be published later this Friday in an extra edition of the Official Federal Gazette (DOU). Meanwhile, the sites remain active as normal so that registered users can withdraw their balances until October 5, the deadline before the sites are blocked.

Photo: Disclosure/Corinthians

Between October 7 and 8, the betting houses must inform the banks handling the funds held in accounts by CPF. October 14 is the deadline for returning the amounts and, if there is any obstacle, Caixa Econômica Federal will mediate the reimbursement. Finance Minister Dario Durigan stated: “As of today, no more money can be placed on betting sites in the country. The sites will remain available so that people, bettors, can withdraw their remaining balance until 11:59 p.m. on October 5.”

It is worth noting that the provisional measure must be put to a vote in the Chamber of Deputies and the Federal Senate within up to 120 days in order to be enacted into law. The Government also stated that the deadline for removing branding originating from sponsorship contracts will be until 11:59 p.m. on October 5.

The issue of bets has been treated as one of Lula’s main talking points ahead of the national electoral process on October 4: “I have heard firsthand about the damage bets are doing in many people’s lives. People in debt, families suffering, workers losing what took a lifetime to achieve. Our people cannot pay this price. This is not a war, it is a decision: I will take immense pleasure in putting an end to bets,” the president commented on social media.

During this week, Corinthians was notified by Esportes da Sorte, the betting house that is the club’s main sponsor, regarding the possible implementation of the provisional measure by the federal government. Alvinegro has had a partnership with the betting company since mid-2024, with a contract valid until 2029, in a deal that could reach R$ 200 million per year depending on goals to be achieved by the institution.

In addition, last Wednesday (23), the São Paulo City Council approved a bill establishing restrictions on betting house advertisements in the state. The matter has not yet been definitively approved. Before moving on to possible sanction, the text must go through a second vote in the plenary, the date of which has not yet been set by the council members.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.