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by mbfg 588 days ago
Isn't this true of basically any country?
1 comments

Yes.. But for some reason situation is worst in Brazil compared to anywhere else..

It was forbidden in Brazil.. They changed the law to allow and the country jumped to #1 in sports gambling in less then 1 year..

other types of gambling are likely following the same trend..

gambling sites made 20bi profit last year... that is equivalent to 1% of the country GDP..

Retail already noticed a slowdown because people are stopping spending money to gamble or are already heavily in debt..