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Tag Archives: Brazil

Brazil – New gambling board goes into operation

Brazil’s new gambling board has gone into operation. The announcement was made via the Official Gazette of the Union which also announced the first 15 appointments of the Secretariat of Prizes and Betting (SPA) which will come under the Ministry of Finance. Simone Aparecida Vicentini was appointed as the deputy secretary of the agency. While…

Brazil – Committee approves ban on online payments for unlawful games

The Communication and Digital Rights Committee (CCDD) has approved PL 3,403/2023, which prohibits payments over the internet for games considered illegal in Brazil. The project, by Senator Eduardo Girão received a favourable opinion from Senator Hamilton Mourão  and will now go before the Committee on Economic Affairs (CAE) for analysis. According to the Brazilian Senate…

Brazil – Advertising restrictions proposed again in senate committee

A bill ready for inclusion on the Sports Committee (CEsp) agenda could prohibit the participation of celebrities in betting advertising (PL 3,405/2023). The CEsp met in October to vote on a number of projects including a proposed restriction of advertising. During the discussion Senator Eduardo Girão presented several amendments to the text, some of which would have imposed…

Brazil – States could entice operators with lower tax rates

While the Federal Government has yet to finalize regulations for the online betting market, Rio de Janeiro and Paraná are attempting to take pre-emptive measures by adopting initiatives aimed at increasing revenue and attracting betting companies to their states. According to Globo these measures include setting values for licensing fees and applying revenue percentages lower…

Brazil – Caixa to enter online sports betting market

Caixa Econômica Federal has signed a contract with the global audit, transactions and consulting company Ernst & Young to provide specialized services in structuring a business model for Caixa’s sports betting operations. The information was made official in the Official Gazette notice of the federal government of Brazil. The contract will have a duration of 12 months, effective…

Brazil – List of first online licences to be published in July says Ministry of Finance 

Speaking during last week’s special panel on Brazil during the ICE VOX conference in London, Special Advisor to the Ministry of Finance José Francisco Manssur said that The Treasury intends to open a registration window in March for sports betting and online gaming licenses in Brazil and in July would publish the first official list of companies authorized to operate…

Brazil – Lula’s veto could drive players to unregulated market

The National Association of Games and Lotteries (ANJL) has warned that charging Income Tax at source on net prizes paid to winners of sports betting and online games has the potential to attract bettors to illegal websites. Taxation on winnings must be considered by the National Congress, upon return from the parliamentary recess, when President Luiz Inácio…

Brazil – Government authorises the creation of online gambling board

The federal government has published Presidential Decree 11,907/2024, which establishes the Secretariat of Prizes and Betting (Secretaria de Prêmios e Apostas no Ministério da Fazenda). The publication in the Official Gazette of the Union outlined the competencies of the agency, the implementation of three sub-secretariats, and the reallocation of positions and functions to the new…

Brazil – Government to publish new rules on advertising

The federal government is preparing an ordinance with new rules for online gambling and betting advertisements with a special focus on the role of “influencers.” The ordinance aims to prevent the dissemination of false information, in addition to the promotion of unregulated games without authorization. The special advisor to the Ministry of Finance, José Francisco…