The Minister of Institutional Relations, Alexandre Padilha, confirmed that the management of the sports betting sector will be divided between the Ministries of Sport and Finance. The department headed by Fernando Haddad will be responsible for the collection.
"There is a secretariat for monitoring...
This Wednesday, the 13th, the bill that establishes the regulation of fixed-odd sports betting was approved by the Chamber of Deputies.
The project aims to redistribute revenue, impose grants, as well as introduce requirements and limitations.
Furthermore, as published in Agência...
On Tuesday, September 12, 2023, the Minister of Institutional Relations, Alexandre Padilha, announced that the Ministry of Sports is planning to create a new secretariat in charge of supervising sports betting.
He stated that details about the structure of this secretariat are...
The rapporteur of the bill that provides for the regulation of sports betting, deputy Adolfo Viana (PSDB-BA), announced this Tuesday (12) that the report includes the regulation not only of bookmakers, but online casinos as well.
"Unlike PL 442 (approved by the Chamber last...
Today, Tuesday - September 11, the Sports Committee of the Chamber of Deputies will have the presence of José Francisco Mansur, special advisor to the Ministry of Finance, to discuss the proposed regulation of sports betting in Brazil.
Representative Mauricio do Vôlei (PL-MG), in...
The sports betting regulation, in effect since July, will likely have significant effects on bookmaker operations.
Brazil is home to approximately 500 of these companies, but, according to a survey conducted by Hand - an independent consultancy specializing in the sale, purchase and management...
The sports betting regulation is causing friction between two ministers of the Brazilian government: Fernando Haddad (PT-SP), from Finance, and André Fufuca (PP-MA), the new person responsible for the Sports portfolio.
Since the beginning of President Luiz Inácio Lula da Silva's administration in January,...
The Chamber of Deputies must consider the report by deputy Adolfo Viana (PSDB-BA) which provides for the regulation of sports betting in Brazil.
The project establishes the taxation of players in the sector, in addition to creating mechanisms for monitoring and combating irregularities. However,...
Some leaders in the Chamber of Deputies intend to reduce the 30% tax on sports betting for individuals on winnings worth more than R$2,112, the maximum amount for exemption from income tax.
According to CNN, the Ministry of Finance pointed out that the definition...
Online casinos can be included in the proposed regulation of sports betting that is being debated in the National Congress. The information was published by Demétrio Vecchioli, in the Column Olhar Olímpico on Portal Uol, this Wednesday, 6.
The Ministry of Sport, which may...
