Brazil’s President Luiz Inácio Lula da Silva on Friday signed an order banning fixed-odds betting just over a week ahead of the first round of the presidential election, in a move he said was designed…

Lula's government has also drafted a bill to establish criminal offenses related to fixed-odds betting - the most common and dominant type of online sports betting.

Brazil’s President Lula da Silva has signed an order to ban fixed-odds betting.