'Betting Won't Come Back': Lula's Upset Win Keeps Brazil's Ban On

Brazilian President Luiz Inácio Lula da Silva won the October 25 runoff as 85 sports-betting and online-casino licenses expired under a ban. Lula said betting would not return, while legislative and court challenges to the measure remained pending.

• Lula won 51.79% of valid votes in the October 25 runoff, compared with 48.21% for Flávio Bolsonaro, according to the Superior Electoral Court.· 1 source
• The article says 85 licenses expired on election day; their holders paid R$2.55 billion in total and are not entitled to refunds under the measure.· 1 source
• The article reports that more than 3,500 sector workers had been dismissed by October 7 and another 4,167 were on collective leave, citing an industry association’s preliminary survey.· 1 source