The government will scrutinize the possibility of iGaming following rumors of organized crime involvement Brazil is making it increasingly difficult to legalize gambling, with new inquiries and scandals raising concerns about the potential risks. A parliamentary commission has been formed to investigate possible links between online gambling and criminal organizations involved in money laundering. This
Tag: brazil
Brazil Cracking down on Operators Ahead of Legal Gambling Launch
The country is giving non-licensed operators until October 1 to shut down or face the consequences Brazil is stepping up efforts to regulate its expanding betting market by targeting operators without proper authorization. Starting October 1, betting companies that haven’t applied for a license will be forced to suspend their operations. This move is part
Brazil’s Gambling Market Could Include Complete Credit Card Ban
Federal lawmakers and banking officials are pushing for a ban on the use of credit cards for gambling Brazil’s gambling market could soon face significant changes, as the Brazilian banking federation has pushed for an early ban on credit card use in online gambling. Isaac Sidney, president of Febraban, has called for the restriction to
Brazil Could Vote on Casino Bill This Week
Lawmakers might be on the verge of bringing back legalized casinos Brazil may be on the edge of a significant decision that could reshape its gambling landscape. The Senate is expected to vote soon on a long-debated bill that would legalize land-based gambling, including casinos, bingo, jogo de bicho, and betting on horse racing. This
Senate May Vote on Casinos in September
The chamber is being pushed into voting on the subject instead of waiting until later this year The Brazilian Senate is getting ready for a potentially significant vote on legalizing casinos by the end of September. Senator Irajá Abreu is leading the push to finalize and vote on Bill 2,234/22, which aims to update Brazil’s
Brazil Gearing up To Crack Down on Gambling as Expansion Looms
Brazil is advancing online and land-based gaming options, leading to greater scrutiny of the market The Brazilian government is stepping up efforts to combat the black market in gambling as the country prepares to launch its regulated betting market on January 1, 2025. With concerns arising over the proliferation of offshore gambling websites, the government
Brazil Casino Legalization Debate Restarting, but More Delays Possible
Legislators have resumed discussions about land-based casinos, although a vote could be months away The debate over legalizing casinos in Brazil is set to resume today, as the Senate takes up discussions on Bill 2,234/22. This bill, which seeks to modernize the country’s land-based gambling laws, has been in the works for years and aims
Brazil delays vote on casino legalization once more
The Senate won’t vote on the bill until after they return from recess In a not-too-surprising development within Brazil’s legislative landscape, the Federal Senate adjourned its session on July 18 without addressing the much-anticipated bill 2.234/22, which seeks to authorize the establishment of retail casinos. This postponement pushes the debate over the legalization of casinos,
New Brazil bill could alter the casino landscape
The bill changes the laws on beachfront property, possibly changing where casinos can be built Brazilian Senator Flávio Bolsonaro, the eldest son of former President Jair Bolsonaro, has reintroduced a highly contested bill that could significantly alter Brazil’s coastal landscape. The legislation aims to transfer authority over coastal land from the federal government to state,
Brazil’s Finance Ministry gives a boost to casino legislation
The backing could signal renewed positive momentum for the bill The long-awaited legalization of casinos in Brazil might be edging closer to reality. A recent meeting between Senator Irajá Silvestre, Rapporteur of the Constitution and Justice Commission (CCJ), and Finance Minister Fernando Haddad has yielded significant support for Bill 2,234/22, which proposes legalizing and regulating
Brazil lawmakers push for decision on casino legalization before break
The move would reverse a previously announced decision to delay the vote Senator Irajá mentioned that discussions on the proposal have reached their conclusion and expressed confidence in having enough support to pass the text. He plans to seek assistance from Senator Davi Alcolumbre, chair of the Senate Constitution and Justice Committee, to engage with
Brazil lawmakers determine when they’ll vote on casino legalization bill
The bill is closer to possibly being approved after considerable debate Brazilian Senate President Rodrigo Pacheco remarked on June 25 that a vote on the bill proposed to allow casinos, bingos, and jogo do bicho should be held after the parliamentary recess, which begins in August. “There’s no need to rush this. We can vote