Brazil’s Senate Constitution and Justice Committee has adopted a plan to legalise the land-based gambling industry. Overall, 14 deputies supported the project, while 12 were against it. The initiative covers various verticals, such as ground casinos, bingo halls, and Jogo do Bicho, popular national entertainment.
Brief Overview of the Legalisation Plan
The proposal includes a list of norms for efficient supervision of gaming operations, from rules for distributing prizes to a tax scheme for industry representatives.
Senator Irajá was the speaker of the bill. He claimed that the presented document is the optimal basis for organising a secure and transparent regulated gambling environment. Full legalisation of the market will ensure significant development of the domestic economy and tourism sector.
The spokesman is confident that the law’s adoption will:
- create over 700,000 new job positions;
- attract about R$ 44 billion as foreign investment;
- double the number of visitors to the country from abroad.
The Chamber of Deputies already approved a similar document back in 2022. However, that proposal faced opposition from evangelicals and conservatives, which led to a delay in the Federal Senate at the time. Thanks to intensified lobbying efforts, current circumstances are much more favourable for the bill deployment.
The recent shifts are very valuable for the local amusement industry. Many gambling entrepreneurs worldwide eagerly await the deployment of regulations in the sportsbook segment. The government’s decision to handle physical gaming halls, too, can significantly boost this excited anticipation. The situation may attract even more attention from the international community to the Brazilian market.
Main Provisions of the New Law
The legalisation plan strongly focuses on land-based entertainment. Casinos will be permitted to operate in large tourist centres and amusement complexes with hotels, restaurants, particular areas for holding public events, and similar venues.
Most states and Distrito Federal will be allowed to open 1 gaming establishment. However, other recommendations have been added for major touristic regions.
These exceptions address the following territories:
- São Paulo (SP) will be able to maintain up to 3 entertainment facilities.
- Rio de Janeiro (RJ), Minas Gerais (MG), Amazonas (AM), and Pará (PA) will be permitted to build 2 casinos each.
Another exciting introduction was legalising gaming venues on board with different approvals for sea and river vessels. While the former can establish up to 10 gambling spots, the latter must change their location approximately every month.
The bill was submitted for consideration to the Senate plenary session. The document will be sent to the country’s President for final signature if approved.
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