Brazil's President Luiz Inacio Lula da Silva attends a ceremony to sign a provisional measure banning online sports betting platforms in Sao Paulo, Brazil, on September 25, 2026. Lula banned online sports betting platforms, major sponsors of Brazilian football clubs, just days before a closely contested election in which he is seeking a fourth term. (Photo by Nelson ALMEIDA / AFP via Getty Images)

Brazil's President Luiz Inacio Lula da Silva (C) attends a ceremony to sign a provisional measure banning online sports betting platforms in Sao Paulo, Brazil, on September 25, 2026. Lula banned online sports betting platforms, major sponsors of Brazilian football clubs, just days before a closely contested election in which he is seeking a fourth term. (Photo by Nelson ALMEIDA / AFP via Getty Images)

Brazil's President Luiz Inacio Lula da Silva (C) attends a ceremony to sign a provisional measure banning online sports betting platforms in Sao Paulo, Brazil, on September 25, 2026. Lula banned online sports betting platforms, major sponsors of Brazilian football clubs, just days before a closely contested election in which he is seeking a fourth term. (Photo by Nelson ALMEIDA / AFP via Getty Images)

Brazil's President Luiz Inacio Lula da Silva (C) speaks during a ceremony to sign a provisional measure banning online sports betting platforms in Sao Paulo, Brazil, on September 25, 2026. Lula banned online sports betting platforms, major sponsors of Brazilian football clubs, just days before a closely contested election in which he is seeking a fourth term. (Photo by Nelson ALMEIDA / AFP via Getty Images)

Brazil's President Luiz Inacio Lula da Silva speaks during a ceremony to sign a provisional measure banning online sports betting platforms in Sao Paulo, Brazil, on September 25, 2026. Lula banned online sports betting platforms, major sponsors of Brazilian football clubs, just days before a closely contested election in which he is seeking a fourth term. (Photo by Nelson ALMEIDA / AFP via Getty Images)

Brazil's President Luiz Inacio Lula da Silva speaks during a ceremony to sign a provisional measure banning online sports betting platforms in Sao Paulo, Brazil, on September 25, 2026. Lula banned online sports betting platforms, major sponsors of Brazilian football clubs, just days before a closely contested election in which he is seeking a fourth term. (Photo by Nelson ALMEIDA / AFP via Getty Images)

Brazil's President Luiz Inacio Lula da Silva speaks during a ceremony to sign a provisional measure banning online sports betting platforms in Sao Paulo, Brazil, on September 25, 2026. Lula banned online sports betting platforms, major sponsors of Brazilian football clubs, just days before a closely contested election in which he is seeking a fourth term. (Photo by Nelson ALMEIDA / AFP via Getty Images)

Brazil's President Luiz Inacio Lula da Silva speaks during a ceremony to sign a provisional measure banning online sports betting platforms in Sao Paulo, Brazil, on September 25, 2026. Lula banned online sports betting platforms, major sponsors of Brazilian football clubs, just days before a closely contested election in which he is seeking a fourth term. (Photo by Nelson ALMEIDA / AFP via Getty Images)