{"id":151523,"date":"2024-06-04T13:18:06","date_gmt":"2024-06-04T16:18:06","guid":{"rendered":"https:\/\/igamingbrazil.com\/uncategorized\/2024\/06\/04\/chamber-of-deputies-debates-the-transfer-of-federal-lottery-operations\/"},"modified":"2024-06-04T13:23:53","modified_gmt":"2024-06-04T16:23:53","slug":"chamber-of-deputies-debates-the-transfer-of-federal-lottery-operations","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/lottery-en\/2024\/06\/04\/chamber-of-deputies-debates-the-transfer-of-federal-lottery-operations\/","title":{"rendered":"Chamber of Deputies debates the transfer of federal lottery operations"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The <strong>CEO of <a href=\"https:\/\/igamingbrazil.com\/en\/lottery-en\/\">Caixa Loterias<\/a>, Luc\u00edola Aor Vasconcelos<\/strong> participates in a hearing in the <strong><a href=\"https:\/\/www.camara.leg.br\/\">Chamber of Deputies<\/a><\/strong>, this Tuesday (04), with the <strong>Financial Inspection and Control Commission<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The subject is controversial, as it involves federal <a href=\"https:\/\/igamingbrazil.com\/en\/lottery-en\/\">lotteries<\/a>. In other words, a possible transfer of the operations of these lotteries to a Caixa subsidiary company. The event takes place in plenary 9 and the person responsible for the debate is <strong>deputy Tadeu Veneri (PT-PR)<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But this is not the first time that the topic has been debated, it was already on the agenda at a recent meeting of the company&#8217;s Board of Directors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Social impact of Caixa Lotteries<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Thus, deputy Veneri expresses concern about the measure: &#8220;Approximately 40% of the profits from <strong>Caixa<\/strong> lotteries go to investments in health, education and social projects.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 2023, they allocated R$9.2 billion from lotteries (total R$23.4 billion) to health departments, social projects and education.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In Brazil, federal lotteries are a monopoly of <strong><a href=\"https:\/\/igamingbrazil.com\/en\/lottery-en\/2024\/04\/25\/transfer-of-caixa-lotteries-is-challenged-by-means-of-a-writ-of-mandamus\/\">Caixa<\/a><\/strong>, which is a public bank. But in 2016, someone tried to break the monopoly, resulting in the creation of <strong>Lotex<\/strong>. Initially, the objective was to transfer the operation and go public.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After two failed auctions in 2019, the Estrela consortium was selected. However, the consortium withdrew from the operation and ended up not performing the service.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Change of Statute<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Therefore, faced with the withdrawal, Caixa changed the status of Lotex, transforming it into <a href=\"https:\/\/igamingbrazil.com\/loteria\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Loterias\">Caixa Loterias<\/a>. According to Veneri, this was a &#8220;more robust attempt to privatize their control&#8221;.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In August 2023, a new decree allowed Caixa to operate Lotex again. The popular scratch card is expected to relaunch in the coming months, offering an instant way to win cash prizes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CEO of Caixa Loterias, Luc\u00edola Aor Vasconcelos participates in a hearing in the Chamber of Deputies, this Tuesday (04), with the Financial Inspection and Control Commission. The subject is [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":151499,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3162],"tags":[3855,3141,3745,3140,6143],"class_list":["post-151523","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lottery-en","tag-caixa-en","tag-caixa-economica-federal-en","tag-lotex-en","tag-lotteries","tag-scratch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chamber of Deputies debates the transfer of federal lottery operations - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"Chamber of Deputies discusses transfer of federal lotteries from Caixa to another subsidiary! 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