The rapporteur of the project to modernize the General Sports Law (Lei Pelé) and president of the Sports Commission of the Chamber, Felipe Carreras (PSB-PE), is studying including control of the transfer of funds from the percentage (2%) collected from bets sports to the country's sports confederations.
The National Association of Gambling and Lotteries (ANJL) spoke out against the decision of the Federal Government to tax the Gross Gaming Revenue (GGR) by 16%. According to the Poder360 website, the organization of the betting sector stated that the measure adopted is “excessive”.
The Senate Plenary approved this Tuesday, 12th, the basic text of the bill that provides for the regulation of fixed-odd sports betting, known as bets. PL 3,626/2023, from the Executive Branch, was approved in the form of the report by senator Angelo Coronel (PSD-BA)....
The Minister of Finance, Fernando Haddad, said last Thursday, the 20th, that the proposal will be forwarded to Congress with a view to regulating and taxing sports betting. According to Haddad, this new source of revenue could yield around 2 billion reais next year....
Chile's Supreme Court of Justice has declared war on sports betting. The segment was considered illegal throughout the national territory and the local STJ blocked 23 platforms operating in the country. The supreme court declared bookmakers illegal and intended to mass block platforms.
The Minister of Economy, Fernando Haddad, declared that the Federal Revenue expects to obtain tax revenue of R$ 12 billion to R$ 15 billion from the taxation of online gambling sites. According to him, since online betting is a reality in the virtual world, it is fair...
The Ministry of Finance is planning to create a new secretariat for the practice of online betting. The folder led by Fernando Haddad intends that this new secretariat will take care of the issue of collecting digital commerce and online betting. According to O...
A magazine and organization dedicated to the world of iGaming, Sigma.World features many in-depth articles about the industry. Recently, the text “South American Gaming Market: A Complete Analysis” was published, where the author describes how the gaming sector is present in the South American continent based on...
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 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,...

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