The vote on bill 2,234/2022, which authorizes the operation of casinos and bingos, legalizes gambling and allows betting on horse races, was once again postponed in the Senate's Constitution and Justice Committee (CCJ).
The text, approved at the beginning of 2022 in the Chamber...
A decree prepared by the Ministry of Economy determines that sports betting houses will need to pay R$ 22.2 million to receive an authorization to operate in the national territory. The license will be valid for five years and will be used by companies that operate both...
José Francisco Manssur, adviser to the Executive Secretary of the Ministry of Finance, highlighted in a public hearing in the Chamber of Deputies, the challenges in relation to the taxation of bookmakers.
In the national territory, the betting sector is growing significantly and can...
This Friday (12), the Prizes and Bets Secretariat of the Ministry of Finance launched Ordinance SPA/MF 1,143, which provides for policies, procedures and internal controls to prevent money laundering in accordance with Law No. 9,613, of 3 March 1998.
Furthermore, the regulations...
The Federal Government can make the amounts to be paid by bookmakers more flexible to operate in Brazil.
This facilitation is a way to compensate companies after the sector's taxation is above what was being announced by the government itself.
This...
This Thursday (03), President Lula will meet with ministers to discuss the payment methods available for online betting, the famous bets. Therefore, it is expected that the government will announce measures to protect bettors and conscious use of social resources, such as the Bolsa Família program.
Greek gaming regulator Hellenic Gaming Commission has opened the application process for new online gaming licenses. Orders can now be placed by legal entities, including shareholders, executives, technology suppliers and certification bodies.
The Greek Ministry of Economy presented its draft regulation on...
The Brazilian lawyer and founding partner of the law firm Montgomery & Associados, pioneer of the Lean Full Service - LFS model and specialized in gaming law, sports betting and lotteries, Neil Montgomery, spoke yesterday (09/05) in Gibraltar on the development of legal framework for the sector...
The Brazilian Fantasy Sport Association (ABFS) is committed to correcting a potential flaw in the sector's taxation in Brazil.
The problem began with Complementary Bill nº 68/2024 (PLP nº 68/2024) which established the IBS (Tax on Goods and Services) and the CBS (Social Contribution...
Encouraged by a major gaming deal with the Seminole Tribe of Florida, three out-of-state gaming giants - Las Vegas Sands, FanDuel and DraftKings - have pledged $37 million in what appears to be an attempt to boost voter initiatives.
The fourth company, which owns...
