Hazenclever Lopes Cançado is the new president of the Rio de Janeiro State Lottery

Recently, the lottery sector was surprised by the news of the change in the presidency of the Lottery of the State of Rio de Janeiro (Loterj). Otavio Cunha was dismissed from the position, which is now performed by lawyer Hazenclever Lopes Cançado. The decision came from the state governor, Cláudio Castro, during a bidding process where Loterj plans to launch new products online.

The new president is a partner in a law firm located in Brasília (DF). Cançado holds a law degree from the University of Brasília and a master’s degree in Constitutional Law from the University of São Paulo, according to Canal MyNews.

Loterj intends to launch new products and invest in sports betting

Loterj is committed to launching new online games from a bidding process, which is already taking place. Among the possibilities evaluated are instant and prediction games. In addition, the lottery is already structuring itself to work with sports betting after the event that would take the games to Rio de Janeiro.

Therefore, the industry is paying attention to all the actions that Loterj is promoting in relation to the policy of increasing lottery products in Rio de Janeiro. Therefore, market representatives are anxiously awaiting the closing of the bidding and the launch of sports betting.

Before his departure from the presidency of the Lottery of the State of Rio de Janeiro, Otavio Cunha declared that the lottery activity in the state is managing to reach expressive goals month after month. In addition, Cunha revealed that Loterj already has more than ten thousand sales outlets, despite all the obstacles faced throughout the global health crisis.

It should be noted that the Federal Supreme Court (STF) ended the Union’s monopoly for the exploitation of lottery services. Thus, the states and the Federal District can relaunch or create their own lotteries, aiming to modernize, diversify and expand the lottery segment in the country.