{"id":132879,"date":"2023-11-29T11:43:09","date_gmt":"2023-11-29T14:43:09","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2023\/11\/29\/opposition-leader-decides-to-release-bench-in-vote-on-betting-regulation\/"},"modified":"2023-11-29T11:47:36","modified_gmt":"2023-11-29T14:47:36","slug":"opposition-leader-decides-to-release-bench-in-vote-on-betting-regulation","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/legislation-en\/2023\/11\/29\/opposition-leader-decides-to-release-bench-in-vote-on-betting-regulation\/","title":{"rendered":"Opposition leader decides to release bench in vote on betting regulation"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The leader of the opposition in the Senate, <strong>Rog\u00e9rio Marinho (PL-RN)<\/strong>, decided to release the bench in the vote this Wednesday, 29, on the bill that defines the <strong>regulation of <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">sports betting<\/a><\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to Valor, the opposition should not impose much resistance to the advancement of the betting proposal, as well as the offshore funds project.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Therefore, each senator will be able to vote freely in the <a href=\"https:\/\/igamingbrazil.com\/en\/legislation-en\/2023\/11\/29\/pl-rapporteur-for-betting-regulation-guarantees-vote-this-wednesday\/\">Plenary this Wednesday<\/a>, 29th. The decision was communicated during a meeting of the opposition group.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last week, the Economic Affairs Commission (CAE) approved, by agreement, the two projects, both priorities for the plan of the <strong>Minister of Finance, Fernando Haddad<\/strong>. Haddad&#8217;s intention is to increase revenue sources for 2024.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Sports betting regulation project<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The proposal to regulate <a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\">sports betting<\/a> also legalizes online gaming. Senator Angelo Coronel&#8217;s report defined<strong> taxation<\/strong> for <strong>operators at 12%<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While the text approved by the Chamber of Deputies in September established a <strong>higher rate, 18%<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, the rapporteur reduced the bettor&#8217;s income tax rate on prizes by half. Initially, the text provided for a <strong>taxation of 30%, approved at 15% in the CAE<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the rapporteur maintained the value of R$30 million as a fee for exploring the activity in Brazil. Despite this, he increased the license period from<strong> three to five years<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Betting companies will still need to have a <strong>Brazilian as a partner<\/strong>, holding at least 20% of the share capital.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also according to Valor, Coronel presented a vote supplement this Wednesday morning, allowing <a href=\"https:\/\/www.caixa.gov.br\/Paginas\/home-caixa.aspx\">Caixa Econ\u00f4mica Federal<\/a> and lottery licensees to operate fixed-odd bets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Project rapporteur believes in a &#8216;easy voting&#8217;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Senator Angelo Coronel is optimistic about a <a href=\"https:\/\/igamingbrazil.com\/en\/legislation-en\/2023\/11\/29\/regulation-of-sports-betting-goes-to-the-senate-plenary-this-wednesday\/\">rapid vote in the House Plenary<\/a>. \u201c<strong>It will be a easy vote<\/strong>. Congress, especially the Senate, knows the importance of generating new alternative sources of resources for the Union\u201d, he declared.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe cannot let hypocrisy prosper. We need to work to approve it, because no one is inventing the game; we are regulating gambling in a law that has existed since 2018\u201d, he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The leader of the opposition in the Senate, Rog\u00e9rio Marinho (PL-RN), decided to release the bench in the vote this Wednesday, 29, on the bill that defines the regulation of [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":132867,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3130],"tags":[14451,6393,12065,14960,14990,3114],"class_list":["post-132879","post","type-post","status-publish","format-standard","has-post-thumbnail","category-legislation-en","tag-bets-en-2","tag-betting-regulation-en","tag-fernando-haddad-en","tag-opposition","tag-rogerio-marinho-en","tag-sports-betting-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Opposition leader decides to release bench in vote on betting regulation - 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