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Tag Archives: Brazil

Brazil – Record year for CAIXA

CAIXA Lotteries announced that it had transferred R$10.9 billion in 2022 in social welfare programs to several high priority areas in the country, such as security, public safety, health, education, sports and culture. The amounts transferred to legal beneficiaries last year reached record levels and reflected a 23% growth in relation to transfers made in 2021,…

Brazil – New bill in Rio de Janeiro seeks to attract sports betting investment

Councillor for the city of Rio de Janeiro Pedro Duarte announced that he will put forward a bill similar to a bill approved recently by the governor of São Paulo. If approved the bill will reduce the ISS (Tax on Services of Any Nature) in order to create new jobs and generate more investment opportunities…

Brazil – State of Paraíba to be the latest to offer sports betting

The Brazilian state government of Paraíba has announced the launch of the fixed-odds sports betting tender, with licenses to operators for 10 years. Licences can be renewed. According to Decree No. 43376/2023 published in the Official Gazette of the State of Paraíba Governor João Azevêdo Lins Filho approved the regulation of fixed odds sports betting both in physical…

Brazil –  New sports minister rejects esports as sports

Brazil’s new sports minister and former volleyball player Ana Moser has claimed that eSports are not true sports. Moser doubled down saying that that competitions and video games are not unpredictable, but are fully programmable. Moser then controversially stated that eSports would not be part of her remit or her portfolio. “In my opinion, esports is…

Brazil – CAIXA board member loses position in riot investigation

The former Minister of Justice and Public Security, Anderson Torres, has been removed from his post from Caixa’s supervisory board. His removal comes  as a result of an investigation into whether he colluded with the storming of congress, the presidential palace and the top court in Brasilia. The attack on the headquarters of the Three…

Brazil – Jockey Clubs permitted to offer horse race betting

The Department of Agriculture, Livestock and Food Supply (MAPA) approved a new National Racing Code (Ordinance MAPA 526/22) allowing jockey clubs to offer horse race betting. Flat events, with or without obstacles and trotting, may or may not be promoted via bets across the country, through Jockey Clubs allowing an increase in the institutions’ revenues….

Brazil – Betting bill gets green light in São Paulo

The São Paulo’s city council has approved betting bill (Bill 613/2022) in its second hearing. The bill will put in place a minimum rate of only 2 per cent on the “ISS” tax (the tax on goods and services) for betting companies looking to set up in the city. The bill will now be sent to the mayor…

Brazil – Deadline for sports betting regulation passes  

The government of President Jair Bolsonaro had until yesterday to finalize the process of regulating sports betting but that deadline has now passed. This is because according to the law enacted by his predecessor Law number 13,756 required the Ministry of Finance (currently the Ministry of Economy) to promote the regulation of sports betting within a time…

Brazil – Pro gambling reform legislator becomes part of Lula’s transition team

Deputy Felipe Carreras has become part of President-elect Luiz Inácio Lula da Silva’s transition team.   Carreras will form part of the working group that will refer issues related to tourism for assessment to the next administration. According to those close to the new government, Carreras intends to promote, during the transition phase, the idea that…