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The Nexus
BUSINESSJun 8 · 10:36 UTCTHE RIO TIMESAdele Cardin

Brazil Betting Boom Eats Into Family Spending on Clothes and Food

Brazilian retailers report an online betting boom is diverting funds from clothing and supermarket purchases. A retail-sector study found most online bettors experience income strain, leading to reduced spending on essentials like clothes and groceries.

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Mentioned
Brazilplaceonline bettingtopicretailersorganizationclothingtopicsupermarketsorganizationincome straintopic
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