No vote taken on Brazil casinos as senators weigh pros and cons of regulation

On Thursday (August 8), there was no vote on the bill to legalize casinos, bingo, jogo de bicho, and horse racing betting in Brazil.

In a debate yesterday, the Senate discussed the potential positive impacts of legalizing casinos and other forms of land-based gaming in Brazil.

Senators spoke about the economic benefits, such as new tax revenues and job creation. They also discussed potential negative impacts and ways to mitigate problems such as gambling addiction.

The Judicial and Civil Affairs Committee approved PL 2, 234/2022 in June, passing it by 14 votes to 12. The next step towards regulating Brazilian casinos was a vote in the plenary session of the Senate, which returned from recess on August 1.

However, CNN reports that although the debate was held on Thursday, the vote may be postponed until October after the first unified local elections scheduled for October 6.

Brazil casinos: Debate happened, voting didn’t

The debate took place as scheduled on Thursday. However, since no vote was taken, it is currently unclear whether the vote will really be postponed until October or if it could take place in the next two or three weeks.

Regarding the proposal, which was first presented to the House of Representatives in 1991, gambling critics such as Eduardo Girão pointed to aspects such as the potential increase in addiction as the main reason for not legalizing casinos.

Senator raises addiction concerns

Arguing that gambling "totally destroys" the lives of citizens, Girão cited a US study by Professor Earl Grinoulds, who argued that for every dollar taxed on gambling, an additional three dollars are spent by the state on social problems caused by gambling.

"Do you know what happens with suicide in relation to gambling? Girao said. "The suicide rate is 12 times higher among gambling addicts.

"Gambling is a big money maker. About 40% of casino revenue comes from addicts. How are you going to give it up? I'm not going to give it up.

Senator Damares Alves and Pastor Silas Malafaia agreed with Girao about the concern over the level of addiction, and also raised concerns about the possible increase in organized crime and money laundering.

Does regulation mitigate potential negative impact?

But Senator Iraja countered that these concerns were taken into account when the proposal was drafted.

Banning the use of credit cards and only allowing payments with pick cards or debit cards is another step in that direction. There will also be rules to prevent bank loans for gambling to minimize the risk of harm from gambling.

Leonardo Enrique Benites de Prado, a gaming and betting regulation expert, was in tune with concerns about addiction.

But Benites de Prado defended the industry to address these issues through regulations.

“Gambling addiction affects a tiny portion of society”

"The problem of gambling addiction affects a small part of society, and just because of the problem of a minority cannot limit the majority freedom," said De Prado.

"Approximately 12. 5 % of those who consume alcohol are alcoholic, this figure is many times higher than the problem of gambling addiction.

Iraja emphasized that Iraja was not allowed to pay in cash and would obligate digital betting on the concerns of money laundering (fund cleaning).

"All institutions, such as the Federal Remarks Agency and the Federal Police, who want to establish what they are doing in this financial movement as a transparent relationship in some way, can monitor with basis," said Iraja. Explained.

Economic benefits of casinos in Brazil

Iraja also mentioned the economic effects found in other countries that legalized gambling.

For example, he pointed out the G20, a coalition of the world's 20 major economies. Of these 20 countries, Gambling is legalized only by Brazil and Indonesia, where the majority of Muslims.

Economic interests are caused by an increase in tourists. The Ministry of Tourism Infrastructure, Credit, Investment Insurance, Callos Henryique / Sovial Secretary of Social Corporation has created more than 650, 000 employments by Brazilian legal casinos, 74 billion Brazil income (£ 10. 4 billion / $ 12. 2 billion / $ 13. 3 billion. ) Seeing it will increase.

Hotels also benefit from casino legalization. Iraja's revised proposal acknowledged that the hotel would add casinos and bingo holes.

Lucas Gabriel Barbosa's manager of the Brazilian Event Promotor Association (ABRAPE) strongly hopes to make this change and pass the bill.

"I want to say that this is the guarantee that all benefit the event chain," says Barbosa. "It is this guarantee that the approval of the bill 2, 234 will bring the Brazilian event division to a good position and enthusiasm."

But when will senators vote on Brazil casinos?

Rodrigo Pacheco Senate, prioritized taxes and national debts over the gambling bills.

The discussion stated that the bill needed to be further discussed to fully analyze the advantages and disadvantages of casino legalization.

Pacheco says: "" Not only potential interests such as the creation of employment and revenue to the Brazilian state, but also the prevention of money laundering, fighting organizational crimes, and even gamblin g-related social and public health. The risks and issues, such as problems, must be evaluated carefully. "

This suggests that further discussions will take place before the bill is brought to vote. The October schedule may soon be a reality.

Awakening the Giant: an overview of Brazilian gambling regulations 2024

Every year, Igaming's experts predict that the newly regulated market will change the world's global situation by creating great opportunities for both existing businesses and new entrants. The biggest topic in 2023 is the Brazilian sports betting regulation. Click here for Latin giants.

It is natural that Brazil, who has been known as one of the "sleeping giants" in Latin America due to the huge land and steady economic growth with a population of 214 million, will be exposed to Igaming spotlights.

Not well known, Brazil used to be a casino industry. Rio attracted tourists from all over the world with a luxurious casino built in a style reminiscent of Riviera, France, from the 1920s to the 1930s. However, gambling was unpopular as religious and conservative Brazilian (many of which were conservative), ultimately banned by the Presidential Ordinance in 1946. The new law was effectively enforced overnight, so entrepreneurs and employees were not given time to prepare.

However, there were several exceptions in this ban. Horse racing gambling was still available under government monopoly, and poker was not banned because it was considered a game of skill rather than an accidental game.

Bingo was legal for a long time due to technical issues, but in 2004, the provisional measures 168 were blocked and banned.

The lottery was legalized in 1969 and provided by Kaisha, a subsidiary of the Ministry of Finance. < SPAN> Pacheco says: "Not only potential interests such as the creation of employment and revenue to the Brazilian state, but also the prevention of money laundering, fighting organizational crimes, and even gambling addiction We must carefully evaluate risks and issues, such as hygiene issues. "

This suggests that further discussions will take place before the bill is brought to vote. The October schedule may soon be a reality.

Every year, Igaming's experts predict that the newly regulated market will change the world's global situation by creating great opportunities for both existing businesses and new entrants. The biggest topic in 2023 is the Brazilian sports betting regulation. Click here for Latin giants.

The stars align

It is natural that Brazil, who has been known as one of the "sleeping giants" in Latin America due to the huge land and steady economic growth with a population of 214 million, will be exposed to Igaming spotlights.

Not well known, Brazil used to be a casino industry. Rio attracted tourists from all over the world with a luxurious casino built in a style reminiscent of Riviera, France, from the 1920s to the 1930s. However, gambling was unpopular as religious and conservative Brazilian (many of which were conservative), ultimately banned by the Presidential Ordinance in 1946. The new law was effectively enforced overnight, so entrepreneurs and employees were not given time to prepare.

However, there were several exceptions in this ban. Horse racing gambling was still available under government monopoly, and poker was not banned because it was considered a game of skill rather than an accidental game.

Bingo was legal for a long time due to technical issues, but in 2004, the provisional measures 168 were blocked and banned.

The lottery was legalized in 1969 and provided by Kaisha, a subsidiary of the Ministry of Finance. Pacheco says: "" Not only potential interests such as the creation of employment and revenue to the Brazilian state, but also the prevention of money laundering, fighting organizational crimes, and even gamblin g-related social and public health. The risks and issues, such as problems, must be evaluated carefully. "

This suggests that further discussions will take place before the bill is brought to vote. The October schedule may soon be a reality.

Every year, Igaming's experts predict that the newly regulated market will change the world's global situation by creating great opportunities for both existing businesses and new entrants. The biggest topic in 2023 is the Brazilian sports betting regulation. Click here for Latin giants.

It is natural that Brazil, who has been known as one of the "sleeping giants" in Latin America due to the huge land and steady economic growth with a population of 214 million, will be exposed to Igaming spotlights.

Taxes and regulations

Not well known, Brazil used to be a casino industry. Rio attracted tourists from all over the world with a luxurious casino built in a style reminiscent of Riviera, France, from the 1920s to the 1930s. However, gambling was unpopular as religious and conservative Brazilian (many of which were conservative), ultimately banned by the Presidential Ordinance in 1946. The new law was effectively enforced overnight, so entrepreneurs and employees were not given time to prepare.

However, there were several exceptions in this ban. Horse racing gambling was still available under government monopoly, and poker was not banned because it was considered a game of skill rather than an accidental game.

Bingo was legal for a long time due to technical issues, but in 2004, the provisional measures 168 were blocked and banned.

The lottery was legalized in 1969 and provided by Kaisha, a subsidiary of the Ministry of Finance.

Obviously, online gambling is not explicitly mentioned in the 1946 decree, but it is nevertheless considered the subject of a blanket ban. It must be noted that there is ambiguity in the relationship between international actors and Brazilian law. Since the Criminal Code only applies to acts that occur within the borders of Brazil, it is debatable whether foreign-based operators offering online gambling services in the country without having a physical presence are affected. Wanna, a casual betting app that has been focusing on the Brazilian market since 2020, operates precisely in this grey area.

Still, Brazil’s internet legal framework (a law passed in 2014) allows authorities to block or fine operators that collect data or communicate through Brazilian internet service providers.

But public opinion is fluctuating, and so is attitude towards gambling. In 2018, sports betting was legalized, and in 2023, new regulations were signed.

With a huge population, a national passion for sports, and widespread internet connectivity, Brazil has everything it takes to be an iGaming hotspot.

With a population almost twice that of second-place Mexico, Brazil is the most populous country in Latin America. The opening of a market of such size is a great sensation and offers great opportunities for established operators, as well as small and medium-sized domestic and foreign companies, to carve out their own space.

The communications infrastructure is rapidly digitizing. Internet penetration in 2023 will be 84. 3%, up from 65% in 2018. In addition, there are 221 million mobile phone connections (102. 4% of the total population). 87. 5% of Brazilians live in metropolitan areas. Since the pandemic began, Brazilians have increasingly turned to their mobile phones for shopping, leisure and financial needs. According to App Annie's Mobile Trends Report, the financial sector continues to see positive growth in mobile app usage throughout 2022. Payment and financial app downloads totaled 102 million, up 22. 8% year-on-year.

Brazil also leads the world in daily mobile usage, averaging 5. 3 hours per user.

Another factor driving industry expectations is the country's love of sports.

Soccer is a special thing for many Braziles. Brazil's representative team has been the most successful in the FIFA (International Football Federation) tournament and has won the 5th highest championship in the World Cup.

The most famous example is Pele (Edson Alantes de Nassing), who is from Minas Jelais, the best players and many people who have decorated the soccer pitch. Brazilian top clubs have participated in Brazilleilon, the highest peak of Latin America, with federal championships and state championships.

The next big thing

Brazilians also love volleyball and F1 races, and in recent years, the mixed martial arts games have been attracting attention due to Brazilian Ji u-Jitsu (and the low, but Capoeira).

In 2018, the law to legalize sportsbetting was passed, but the delay had occurred, and Brazilian spectators had to wait for complete regulations for five years.

Overall, the change in the previous draft is to raise the total gambling income tax, raise more comprehensive marketing regulations, and raise license fees.

The biggest change is to raise taxes on the income of sports betting operators. Taxes were raised from 16%to 18%to increase the income flowing to the Ministry of sports from 1%to 3%. Unfortunately for the player, a prize of 500 or more is 30 % tax. The cost of acquiring operator licenses was not clearly mentioned in the Prime Minister's revision, but according to reports, it is expected to be raised from the previously set up 22. 2 million real ($ 6. 35 million).

Another new introduction is the establishment of the National Secretariat (SNJA) for games and gambling. The committee will be in charge of all procedures on sports betting regulations and licenses. < SPAN> Soccer is a special place for many Braziles. Brazil's representative team has been the most successful in the FIFA (International Football Federation) tournament and has won the 5th highest championship in the World Cup.

Brazil: Senate approves regulation of online sports betting, casinos left out of proposal

The most famous example is Pele (Edson Alantes de Nassing), who is from Minas Jelais, the best players and many people who have decorated the soccer pitch. Brazilian top clubs have participated in Brazilleilon, the highest peak of Latin America, with federal championships and state championships.

Brazilians also love volleyball and F1 races, and in recent years, the mixed martial arts games have been attracting attention due to Brazilian Ji u-Jitsu (and the low, but Capoeira).

In 2018, the law to legalize sportsbetting was passed, but the delay had occurred, and Brazilian spectators had to wait for complete regulations for five years.

As a whole, the change in the previous draft is to raise the total gambling tax, increase more comprehensive marketing regulations, and raise license fees.

The biggest change is to raise taxes on the income of sports betting operators. Taxes were raised from 16%to 18%to increase the income flowing to the Ministry of sports from 1%to 3%. Unfortunately for the player, a prize of 500 or more is 30 % tax.

The cost of acquiring operator licenses was not clearly mentioned in the Prime Minister's revision, but according to reports, it is expected to be raised from the previously set up 22. 2 million real ($ 6. 35 million).

Amendments

Another new introduction is the establishment of the National Secretariat (SNJA) for games and gambling. The committee will be in charge of all procedures on sports betting regulations and licenses. Soccer is a special thing for many Braziles. Brazil's representative team has been the most successful in the FIFA (International Football Federation) tournament and has won the 5th highest championship in the World Cup.

The most famous example is Pele (Edson Alantes de Nassing), who is from Minas Jelais, the best players and many people who have decorated the soccer pitch. Brazilian top clubs have participated in Brazilleilon, the highest peak of Latin America, with federal championships and state championships.

Brazilians also love volleyball and F1 races, and in recent years, the mixed martial arts games have been attracting attention due to Brazilian Ji u-Jitsu (and the low, but Capoeira).

In 2018, the law to legalize sportsbetting was passed, but the delay had occurred, and Brazilian spectators had to wait for complete regulations for five years.

Fixed fee

Overall, the change in the previous draft is to raise the total gambling income tax, raise more comprehensive marketing regulations, and raise license fees.

The biggest change is to raise taxes on the income of sports betting operators. Taxes were raised from 16%to 18%to increase the income flowing to the Ministry of sports from 1%to 3%. Unfortunately for the player, a prize of 500 or more is 30 % tax.

The cost of acquiring operator licenses was not clearly mentioned in the Prime Minister's revision, but according to reports, it is expected to be raised from the previously set up 22. 2 million real ($ 6. 35 million).

Another new introduction is the establishment of the National Secretariat (SNJA) for games and gambling. The committee will be in charge of all procedures on sports betting regulations and licenses.

Distribution of proceeds

The amendment also includes advertising regulations. Businesses must promote responsible gambling and are prohibited from acquiring sports broadcasting rights. This law establishes a sel f-regulated system, and it is required that betting operators comply with the standards set by the National Advertising Council (CONAR).

However, there is good news. The revision by the Prime Minister clearly allowed a license application for a foreign operator, which was not revealed in the original regulation, was clearly permitted.

Of course, this change was not reputable. The tax rate is higher than the previous draft, and after considering all additional taxes, operators need to pay 30. 82 % tax on the total gaming income (GGR).

Authorization

In addition, the business operator has expressed concerns about how the central bank treats the sports betting business and whether it will have an impact on the poker business in the future. Another concern is that the regulations on market entry are unclear.

The strict penalties for no n-registration betting platforms are a matter of concern for this law. Many bookmakers have been operating in gray markets for a long time, and we are afraid that the period will be available after the rules are enforced to the actual license, and if we continue to operate, we will take legal measures. It may be exposed to.

Advertising

The regulation of sports betting opened a door to discussions over other kinds of gambling.

Some members believe that the regulation of sports betting is the first step towards the possibility of legalizing various forms of Brazil, such as casinos, bingo, and Jogo de Bicho. In a recent interview, Rodrigo Pacheco, Senior Chairman, suggested that by legalizing and regulating gambling and sports betting, Brazil's "way to sustainable income" could be shown. < SPAN> Amendment also includes advertising regulations. Businesses must promote responsible gambling and are prohibited from acquiring sports broadcasting rights. This law establishes a sel f-regulated system, and it is required that betting operators comply with the standards set by the National Advertising Council (CONAR).

However, there is good news. The revision by the Prime Minister clearly allowed a license application for a foreign operator, which was not revealed in the original regulation, was clearly permitted.

Betting integrity

Of course, this change was not reputable. The tax rate is higher than the previous draft, and after considering all additional taxes, operators need to pay 30. 82 % tax on the total gaming income (GGR).

In addition, the business operator has expressed concerns about how the central bank treats the sports betting business and whether it will have an impact on the poker business in the future. Another concern is that the regulations on market entry are unclear.

The strict penalties for no n-registration betting platforms are a matter of concern for this law. Many bookmakers have been operating in gray markets for a long time, and we are afraid that the period will be available after the rules are enforced to the actual license, and if we continue to operate, we will take legal measures. It may be exposed to.

The regulation of sports betting opened a door to discussions over other kinds of gambling.

Limitation period for bets

Some members believe that the regulation of sports betting is the first step towards the possibility of legalizing various forms of Brazil, such as casinos, bingo, and Jogo de Bicho. In a recent interview, Rodrigo Pacheco, Senior Rodrigo Pacheco, suggested that by legalizing and regulating gambling and sports betting, Brazil's "path to sustainable income" could be shown. The amendment also includes advertising regulations. Businesses must promote responsible gambling and are prohibited from acquiring sports broadcasting rights. This law establishes a sel f-regulated system, and it is required that betting operators comply with the standards set by the National Advertising Council (CONAR).

However, there is good news. The revision by the Prime Minister clearly allowed a license application for a foreign operator, which was not revealed in the original regulation, was clearly permitted.

Penalties

Of course, this change was not reputable. The tax rate is higher than the previous draft, and after considering all additional taxes, operators need to pay 30. 82 % tax on the total gaming income (GGR).

In addition, the business operator has expressed concerns about how the central bank treats the sports betting business and whether it will have an impact on the poker business in the future. Another concern is that the regulations on market entry are unclear.

The strict penalties for no n-registration betting platforms are a matter of concern for this law. Many bookmakers have been operating in gray markets for a long time, and we are afraid that the period will be available after the rules are enforced to the actual license, and if we continue to operate, we will take legal measures. It may be exposed to.

Sports betting regulations opened a door to discussions over other kinds of gambling.

Report

Some members believe that the regulation of sports betting is the first step towards the possibility of legalizing various forms of Brazil, such as casinos, bingo, and Jogo de Bicho. In a recent interview, Rodrigo Pacheco, Senior Chairman, suggested that by legalizing and regulating gambling and sports betting, Brazil's "way to sustainable income" could be shown.

Earlier, in 2020, the Supreme Court's groundbreaking resolution has provided lottery products locally, creating many partnership opportunities. For example, BETSSON has acquired a license to operate through the Rio Grande de Sul Jockey Club. Palaiba has launched a regulation version of the traditional betting game Jogo Do Bicho. Rio de Janeiro and the Brazilia Federal District have outsourced a feasibility study to justify the operation of private lottery companies. Casino legalization is also possible. Promotion groups believe that it is a way to activate the tourism industry and raise the tax revenue necessary to recover from the effects of pandemic. Senator Angelo Coronel claims that legalization will create 9. 3 billion r true and 700, 000 employment. At the plenary hall, Vic e-Chair Felipe Caleras, the reporter of the project, estimates that gambling regulations will get 20 billion rare revenues per year.

Perhaps the legalization of other gambling depends on whether sports betting experiments can have a net positive effect on the country. As a result of betting, skeptical people may review their posture if they have a lot of money to public organizations.