Lawmakers have little time remaining to advance casino legislation Brazil’s Senate Constitution and Justice Committee (CCJ) will soon vote on a bill (PL) to expand gambling and permit operators to offer casinos and bingo games, horse racing betting, and the jogo do bicho. This bill is one of 18 topics on the agenda when the
Tag: brazil
Brazil casino legalization efforts facing minor delay
An effort to legalize casinos in Brazil will first have to go before a public review Brazil’s Public Security Commission (CSP, for its Portuguese acronym) announced on May 28 that a public hearing will be held to debate how legalized gambling will affect public security. Senator Eduardo Girão, who opposes bill PL2.234/2022, requested the hearing
New iGaming legislation in Brazil means operators need to move quickly
Operators have until the end of the year to become fully registered The Brazilian government added normative Ordinance 827 to the Official Diary of the Union on May 21. It outlines the stipulations for operators seeking iGaming and sports betting licenses in Brazil. Gaming operators will have an “adjustment period” until December 31, 2024, to
Bill on casinos in Brazil may face new delays
The bill is coming up for review this week, but lawmakers expect to postpone discussion Gambling opponents in Brazil continue efforts to postpone advancing Bill 2.234/2022, which authorizes one casino project per state and the Federal District. São Paulo would be allowed up to three casinos, with Rio de Janeiro, Minas Gerais, Amazonas, and Pará, limited
Brazil to impose 15% tax on online gaming winnings
The tax rate has been confirmed through new legislation and federal regulations The Federal Revenue Service (RFB) of Brazil has introduced the tax framework for online gambling winnings ahead of the highly anticipated launch of the country’s regulated Bets market. Projected to be the biggest markets in Latin America, the final outcome could be decided
Brazil Senate wants public input on legalization of gambling
Legislation to bring back casinos and other forms of gambling are on the table Brazil’s Constitution and Justice Commission has delayed voting on legalizing casinos, bingos, horse racing, and jogo do bicho. The postponement was influenced by the bench, which opposed the measure. As per the leaders’ agreement, Senator Irajá has arranged a public hearing to examine
Brazil bans credit cards, cash and crypto for online gambling and betting
Brazil continues to shape its online gambling and betting markets Brazil’s Regulatory Policy of the Prizes and Betting Secretariat (SPA) and the Ministry of Finance entered the new regulations for Normative Ordinance No 615 into the country’s Official Diary of the Union today (April 18). Several changes are coming, including a prohibition on credit cards and cryptocurrency
Brazil Senate preparing to vote on casino bill
Brazil could produce the largest gambling country in all of Latin America The Brazilian Senate Constitution and Justice Committee will meet on Wednesday to discuss an agenda of 20 items, including expanding legalized gambling. Former deputy Renato Vianna authored the bill, which permits casinos, bingo, horse racing betting, and “jogo do bicho.” The bill allows
Soccer star Neymar celebrates birthday by winning poker tourney
The Brazilian soccer phenom is known for his penchant for poker Brazilian soccer star Neymar observed his 32nd birthday by taking first place in a poker tournament that was part of the celebration. He also picked up a trophy and a medal for the victory. The event was a cheerful celebration of the superstar’s birthday
Two Brazilian poker players crack the world top-10 winnings list
The duo are the first two players from Brazil to appear on the list Two Brazilian poker players have been rising in the ranks since the start of 2023 as the country continues securing its position as producing some of the best players worldwide. Yuri Martins and Pablo Brito had many notable accomplishments last year
Brazil’s iGaming legislation must still jump a few hurdles
Brazil’s president wants to give gamblers and bettors a break, but Congress may stand in the way Brazil’s Congress will reconvene on February 2, when they’ll have until a March 3 deadline to decide whether to retain or revoke President Lula’s vetoes to Law 14.790/23 (formerly Bill 3.626/23). The foremost issue is the income tax
Brazil’s online gambling and betting market close to going live
Brazil President Lula da Silva has signed the legislation into law Brazil has sorted out everything related to the country’s sports betting and iGaming market after approving a new regulatory framework. On December 30, President Luiz Inacio Lula da Silva signed Bill PL3626/23 into law after Brazil’s Chamber of Deputies approved it on December 21.