Brazil to vote on a new gambling bill

27 Oct 2017

brazil-michel-temer-gambling-expansion-winfil-casinoAccording to local news magazine Vieja, Brazil is set to become the world’s largest regulated gambling jurisdiction with a population amounting to 207.000.000 people.

This might indeed become a reality following the Brazil’s Chamber of Deputies president announcement that Brazil will vote on casino’s legislation next month. If the bill is voted in favor, the laws will into effect.

The bill will introduce a legal framework regarding taxes & specific regulations. Furthermore it will allow the construction of brick and mortar casinos.

Mr Nelson Marquezelli, a member of the Brazilian Labour party, stated that 262 out of 513 deputies, are in favour of legalising land casinos. Among them, is also the current President of Brazil, Michel Temer.

Guarujá, Campinas and São José do Rio Preto hotels have already confirmed that they are interested in holding gambling activities.

If the  National Congress supports the new bill it will then have to pass through the Senate.

According to the Brazilian Legal Gaming Institute (IJL), approximately R$20bn ($6.4bn) is generated annually from illegal gambling services, meaning that the new bill could create an ideal environment, in which the players will be protected and the country will receive increased tax revenue.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

Yesterday, August 6th, the new legislation covering the online gambling market came into effect. It was published in the governments’ official journal...

Read more »

Interwetten has signed a three-year deal with the Greek Super League, commencing the coming September, that will see them being named as a golden spon...

Read more »

A new bill that is set to abolish the existing gambling regulator in Bulgaria and hand its duties to the National Revenue Agency, has been adopted by ...

Read more »

1xBet Group has signed a Trademark License Agreement with TonyBet, which has a valid license issued by the UKGC. The agreement allowed TonyBet to obta...

Read more »

The Supreme Council of Ukraine (Verkhovna Rada) has held a voting last week, resulting in a victorious 248-95 at the second reading in favor of regula...

Read more »

It’s been almost one and a half years since the Remote Gambling Act (RGA) was approved in Holland. Officials have been trying to set up an appro...

Read more »

Gambling companies are set to be banned from featuring on football teams’ shirts, starting season 2020/2021. This new ruling comes as part of th...

Read more »

STS, the biggest Polish bookmaker, has taken its development one step further by taking over BetSys, the software provider that was already its main I...

Read more »

Betwinner has announced that it has signed an exclusive deal with Brazilian football legend Roberto Carlos, which appoints him as the brand’s ambassad...

Read more »

The Norwegian Ministry of Culture is considering unifying the country’s gambling laws under a new piece of legislation. This means that the Lott...

Read more »

Latest Betting Offers

Maximum bonus amount is 300€, 'draw no bet' selections are not valid, bonus amount must be wagered 15 times at odds of 2.00 or higher, within 14 days.  

Minimum deposit is 10 euros. Minimum odd to bet the bonus on is 1.50 or higher. Bonus must be wagered 10 times. T & C's apply.