The sports betting market continues to grow worldwide, with Brazil being a major focus for companies in the sector. Although our country has a high engagement rate with the modality and generates large revenues, there is still no adequate regulation.
The segment was approved...
The vote on the bill that provides for the regulation of sports betting is on the official agenda of the Senate Sports Commission (CEsp). The resumption of the debate is scheduled for this Tuesday, 7th, from 2 pm, in an extraordinary meeting.
Description on...
Federal deputy Ricardo Ayres (Republicanos-TO) presented bill 2842/2023, which aims to prohibit sports betting on individual actions during sporting events and establish specific regulations for bets related to the number of goals and results of matches.
The main objective of the proposal is to...
Currently, the debate on sports betting and gambling regulation in Brazil is gaining momentum in the National Congress. The increasing presence of online bookmakers in Brazil, providing classic online casino games, is helping to advance the discussion on the Regulatory Framework for Gambling.
Therefore,...
The release of the list of the first companies authorized to explore sports betting in Brazil is scheduled for July this year.
But José Francisco Manssur, now a former advisor to the Ministry of Finance responsible for regulating the sector, had announced that date.
The sports betting regulation is becoming increasingly necessary in Brazil. It is estimated that the sector could generate around R$ 15 billion in revenue for the country, and could help in the most diverse sectors of Brazilian society.
The Ministry of Finance has been...
Drafted in 1991, Bill 442/91 — which establishes the Legal Framework for Gambling in Brazil — was approved in the Chamber of Deputies in February, but is awaiting approval by the Senate. Recently, the proposal gained notoriety again as a possibility to increase the collection for the...
Deputy Jorge Goetten (PL/SC) participated in a public hearing that discussed the regulation of sports betting in the country. The meeting took place at the Finance and Taxation Committee of the Chamber of Deputies last week.
The debate included representatives from the sports betting...
In a hearing at the Education, Culture and Sport Commission, the Minister of Sport, Ana Moser, detailed the portfolio's expectations and plans for the coming years. In addition, she announced that the ministry will participate in debates on the regulation of sports betting and electronic sports.
Recently, Senator Angelo Coronel (PSD-BA) declared that the National Congress should "take advantage of the momentum" of the debates on reforms to legalize gambling in Brazil.
In progress in the Senate, the bill (PL) 186/2014, by Senator Ciro Nogueira (PP-PI), is just...
