Lottery privatization threatens 200,000 jobs. “The lotteries, presently a monopoly of the state run bank CEF, were split into Lotex (scratch lottery) and SportBeting (sports gambling). The development bank BNDES is modelling the privatization. CEF has some 13,000 franchised lottery stores concerned with the move, as they employ 200,000 people and the winner of the concessions would certainly explore electronic gambling channels.” [O Estado de São Paulo, 16 April 2017]