Udo Seckelmann: Betting has "long-term future" in Brazil, but Government has "damaged credibility"

Udo Seckelmann, a gambling lawyer, argues that Brazil's betting industry has a long-term future despite current regulatory instability, which he believes damages the country's credibility as an investment destination. He suggests that the demand for betting will persist regardless of legal restrictions and emphasises the importance of separating politics from legitimate industry concerns. Seckelmann advises operators to protect their legal positions and remain engaged with the Brazilian market while advocating for a stable regulatory framework.