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The bill to legalize gambling in Brazil (PL 442/91) provided a new clash in the Senate, with supporters and opponents citing the benefits and risks of this regulation of gambling in the country.

The supporters of the agenda say that Brazil can gain from the generation of jobs, economic movement and tax collection. Opponents express their fear that gambling could be used as a way to cover up activities such as money laundering.

In the most recent episode of CNN Brasil’s ‘E Tem Mais’, Carol Nogueira provides a balance of expectations about the bill’s progress in Congress. CNN Brasil policy analyst Iuri Pitta also participates in the episode, describing in more detail the interests at stake and the dispute of forces in the Legislature.

See below in full the episode on the legalization of gambling in Brazil

https://www.youtube.com/watch?v=IUIpE7dDdHA

Learn more about PL 442/91 and its approval in the Chamber

At dawn on the 24th, the Chamber of Deputies approved with 246 votes in favor and 202 against, the basic text for the legalization of betting. The project allows practices such as casinos, bingo, animal game and online bookmakers. Regarding digital platforms, one more step will be needed, which is the regulation of the Executive.

The proposal establishes a new tax, the Cide-games, to collect 17% of the gross revenue of businesses linked to gambling activities. The resources will be directed to sectors such as tourism, environment, culture, public security and natural disasters. While the incidence of Income Tax on award-winning Individuals will reach 20% on top of the net gain.

Despite the approval of the Chamber and the recurring debate in the Senate, President Jair Bolsonaro has already stated that he intends to veto the bill to legalize gambling in Brazil if the text is sent for his sanction.