BRAZIL’S PRESIDENT BANS SPORT BETTING DAYS AHEAD OF ELECTION

Brazil’s President Luiz Inacio Lula da Silva has banned sports betting sites, the biggest sponsor of the country’s football clubs, just days before the country’s election in which he is seeking a fourth term.

Gambling has exploded in Brazil in recent years, dragging many into debt, and opinion polls show strong voter opposition to the industry, which Lula has labeled a cancer.

The initiative is the latest in a flurry of moves made by Lula before a first round of voting on October 4, as he stands neck-and-neck with right-wing Senator Flavio Bolsonaro in the polls.

Powerhouse football club Flamengo called the move a heavy blow to Brazilian sports, warning it could impact not only professional football, but youth academies, women’s soccer, Olympic sports and various championships.

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