São Paulo, Brazil’s largest city, now has its own lottery. Mayor Ricardo Nunes (MDB) recently sanctioned Law 18,172/2024. The bill had been approved by the City Council on July 2nd.
Law details
The law, proposed by the municipal executive, establishes the creation of a public lottery service. This service may operate various lottery games, directly or through concessions to private companies. Among the permitted modalities are fixed odds bets.
The legislation allocates 50% of the proceeds from lottery games to the Municipal Social Development Fund. This fund’s main objective is to reduce the city’s Social Security deficit and assist in the payment of court orders.
Next steps to implement the municipal lottery
To implement the lottery, detailed studies will be necessary. These studies will include analyzing the economic and operational viability of lottery activities, as well as public demands.
The creation of the São Paulo Municipal Lottery aims not only to offer a new form of entertainment to citizens, but also to generate important resources for the city’s social development.
The allocation of a significant part of the revenue to the Municipal Social Development Fund demonstrates the administration’s commitment to using these resources in a responsible and beneficial way for society.
With the sanction of Law 18,172/2024, São Paulo takes an important step in creating its own municipal lottery. This new service promises to bring benefits to both players and the city, contributing to the reduction of the social security deficit and the payment of court orders.
Approval of casinos: São Paulo may have up to three across the state
The gaming sector can bring even more news to São Paulo. PL 2,234/2022 creates rules for casinos, bingo, Jogo do Bicho and betting on horse races in Brazil. The proposal must be voted on in the Senate Plenary by the end of the year.
Initially, it establishes limits for establishments: one casino per state and in the Federal District, except São Paulo, which can have up to three, and Minas Gerais, Rio de Janeiro, Amazonas and Pará, which can have up to two each.
Additionally, bingos will have a limit per municipality, except in large cities. One company will explore the Jogo do Bicho for every 700 thousand inhabitants. Thus, entities accredited by the Ministry of Agriculture will manage betting on horse races.
The project also creates two new taxes: the Gaming and Betting Inspection Fee (Tafija) and the Contribution for Intervention in the Economic Domain (Cide-Games).
