Recipe for winning: introduce a problem, watch society get destroyed by it while you profit from it, then when a big portion of the poor population has too much debt because of the problem you legalized, ban it and offer a solution a couple of months before the election. Save the people, get elected. Win win
"Betting" was made legal by Temer (2018), the Bolsonaro administration (2019-2022) should have regulated it, but they refused to do so. Lula (the current president running for reelection) did finally regulated them back in 2023 (i.e., made them finally pay taxes and introduced a few protection mechanisms and data sharing obligations), however it was still a societal problem as you put it, which they finally fixed today by banning.
Your comment makes it seem like the current administration allowed bets in the first place. That didn't happen.
As per your own words, they did allow it in the same measure as Bolsonaro's government did.
Also, if Lula had indeed "regulated" it as you claim, perhaps things wouldn't have gone downhill to the current woeful state eh?
HyperL0gi · · focus · HN ↗
namelessindivid · · focus · HN ↗
___msh___ · · focus · HN ↗
vitorgrs · · focus · HN ↗