Brazilian retailers blame an online betting boom for weaker sales of clothing and food, as families divert spending to bets, though economists disagree.
BRAZIL · BUSINESS
Key Facts
—The claim: Brazilian retailers say an online betting boom is pulling money away from shops, from clothing to supermarkets.
—The evidence: A retail-sector study found most online bettors said the habit had strained their income; many cut spending on clothes and groceries.
—The scale: Gambling has climbed to roughly 2.7 percent of household income, up from under one percent in 2018.
The World Cup is expected to generate an additional $3.8 billion in deposits
El Mundial podría generar un aumento de US$3.800 millones en depósitos
Parcela que joga para aumentar renda doméstica subiu de 25% para 35%, aponta levantamento da FecomercioSP
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