Brazil

BRAZIL CONTINUES SPORTS BETTING DEBATE

SECAP, an entity from the Ministry of Finance, invited industry representatives to a seminar on sports betting in Brazil.

Brazil.- A seminar on sports betting took place earlier this week in Brasilia. The hearing was organised by the Secretariat of Public Policy Evaluation, Planning, Energy and Lottery of the Ministry of Finance (SECAP.ME).

Brazil is trying to move forward with the official project that will allow the legal operation of sports betting in the country. The executive secretary of the Ministry of Economy, Marcelo Guaranys, represented  Minister Paulo Guedes at the opening of the Sports Betting Regulation Seminar in Brazil.

The event discussed the regulation of sports betting in Brazil and the need for some necessary adjustments to Law 13,756 / 18 by the National Congress. The guests were: Economy Minister Paulo Guedes; Senator Darius Berger (MDB.SC); Deputy Pedro Paulo (DEM.RJ); the secretary Alexandre Manoel; the special secretary of sport, general Décio dos Santos Brazil; the lawyer Pedro Trengouse; the president of the Brazilian Olympic Committee, Wanderley Teixeira; former deputy PT and representative of the Alliance of Brazilian Clubs, Vicente Candido, and the deputy special secretary, Esteves Pedro Colnago Jr.

The project shows positive signs

Local press reported in the last few days that sports betting in Brazil is moving forward. It is believed that the Chamber of Deputies has already started changing regulations. Relevant authorities are believed to be part of the discussions.

In addition, it seems that the Ministry of Economy may choose to submit an amendment to a bill already pending in the National Congress. Thus, the draft sports betting legislation in Brazil would soon be defined.




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