Lula signs executive order banning online betting in Brazil

Brazil's President Luiz Inacio Lula da Silva signed an executive order banning online betting. App stores and telecom providers must block platforms starting Oct. 6, and Congress has 120 days to approve it.

• The order bans online betting operators in Brazil
• App stores and telecoms must block platforms from Oct. 6
• Congress has 120 days to approve the measure
• Brazil is Latin America's largest online betting market