Wednesday, June 19, 2024 - Login

Brazilian Senate approves gambling legalization on first vote

Brazil’s Special Commission of National Development (CEDN) on the first vote has approved the Senate Bill regulating the operation of gambling in Brazil.

The version approved by the Brazilian Senate includes an amendment that only authorizes gambling companies that prove tax compliance, in addition to other requirements.

Some senators opposed the approval of the bill, arguing that gambling could cover up illegal practices related to drugs and prostitution.

Despite this, the bill had 8 votes in favor and 2 against, as well as one abstention.

There will be another round of voting next week, however, those close to the action say the result will not likely differ.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

Contact us

PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief