Lawmakers are still debating whether to bring back legalized land-based gambling
Brazil’s long-standing debate over legalizing land-based gambling is heating up again as lawmakers prepare to revisit Bill PL 2.234/22, a proposal that could unlock massive economic potential. The bill, which outlines a framework for legalizing casinos, bingo halls, slot machines, horse betting, and the traditional “jogo do bicho,” is now awaiting further discussion in the Senate after previously receiving approval from the Chamber of Deputies and the Senate’s Constitution and Justice Committee.
If passed, the bill could open the door to an estimated $70 billion in private investment, according to projections from the Federation of Hotels, Restaurants, and Bars of the State of São Paulo (Fhoresp). Industry advocates also believe it would create around 10,000 new jobs across both direct and supporting sectors and generate up to R$20 billion in annual tax revenue.
The bill proposes a licensing system based on population and territory, with each Brazilian state and the Federal District allowed at least one casino. São Paulo, the country’s most populous state, could receive up to three licenses, while Minas Gerais, Rio de Janeiro, Amazonas, and Pará could each host up to two. Additionally, up to ten cruise or river vessels with a minimum of 50 cabins could be licensed to operate casinos on water.
Supporters of the bill argue that legalizing gambling would significantly enhance Brazil’s tourism appeal. Edson Pinto, executive director of Fhoresp, said the initiative would not only attract international tourists but also stimulate domestic travel. He called the proposal a necessary step toward expanding the country’s tourism infrastructure.
Bruno Omori, Fhoresp’s Director of Games and Hospitality, noted that international investors are paying close attention. Interest from countries including the US, China, and others across Europe and South America signals that Brazil could become a new hotspot for global casino investment if legislation moves forward.
