× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine
GGA 2020 AffiliateCon
NEWS 26 October 2017

Brazil to vote on gambling bill next month

By Manuel Marti
Latin America has been recently drawing a lot of attention with more countries legalising their respective gambling markets. And now, Brazil may be the next nation to introduce a regulatory framework.

According to the local news magazine Vieja, the president of Brazil’s Chamber of Deputies has stated the country will vote next month on the legislation of casinos in order for its provisions to come into effect as a law.

If signed into law, the bill would create a regulatory framework for the operation, regulation, and taxation of gambling; and the construction of casinos could begin in 2018.

Marquezelli has detailed that out of 513 deputies, 262 are in favour of legalising casinos, including the current President of Brazil, Michel Temer.

Following the statement, hotels in Guarujá, Campinas and São José do Rio Preto have confirmed their interests in holding gambling activities at their resorts.

Despite the support from the National Congress, the bill would still have to pass through the Senate.

Under the new legislation, Brazil, with a population of 207 million people, would become the world’s largest regulated gambling jurisdiction. According to the Brazilian Legal Gaming Institute (IJL), approximately R$20bn ($6.4bn) is generated annually from illegal gambling services.

RELATED TAGS: Casino | Legal & Regulatory
IN-DEPTH 18 February 2020
A decade to remember

Zimpler provides a complete In and Out payment solution for online services. That means we take care of identifying the ...
Systems and Software
We have partnered up with deVRealm in a joint venture for the development of new gambling technology platforms. The primary ...
Newgioco Group
Systems and Software
Newgioco Group, Inc. (OTCQB:NWGI) is a premier leisure betting technology company providing regulated online and land-based gaming and sports ...
Digital Isle of Man
Legal and Jurisdictions
Digital Isle of Man is responsible for the thriving Digital sector in the Isle of Man, spanning the Island's international ...
Systems and Software
NSoft is an award - winning internationally recognized software solutions provider for betting industry. The company has more than 200 employees ...
Systems and Software
The Leading iGaming Software Supplier in Asia
1xPartners is the innovative and exciting affiliate program offered by 1xBet, one of the world's leading sportsbooks and casinos. Offering ...
PR and Marketing
ActiveWin has ripped up the rulebook on the traditional agency prototype. Our model is based on performance - as you ...
Global Gaming Awards
Industry Awards
The Global Gaming Awards London recognise the most innovative companies and individuals of the gaming world. The Awards are powered ...
Systems and Software
BetConstruct is a global award-winning technology and services provider for online and land-based gaming industry. BetConstruct's innovative and proven offerings ...