Brazilian Government to split command of sports betting area between Finance and Sports
Thursday 14 de September 2023 / 12:00
2 minutos de lectura
(Brasilia).- The Minister of Institutional Relations, Alexandre Padilha, confirmed this Tuesday (12) that the Congress will take over a boosted Ministry of Sports, with the addition of a department to deal exclusively with sports betting.
Sports betting, will have its management split between Sports and the Ministry of Finance, which will be responsible for revenue.
"There is a department for monitoring bets, which will be created inside the Ministry of Finance, which has the role of [handling] collection, registration, granting and regulation", stated the minister, after participating in a meeting with President Luiz Inácio Lula da Silva (PT). "But a proposal came [from the PP, the party of the new minister André Fufuca] and we have a deal. There is agreement on the creation of a structure for the Ministry of Sports, to be defined in detail. But [it will be] a structure to monitor this topic of betting, both monitoring of sporting performance, the integration of this betting relationship with the sporting issue", he said. Padilha was then asked if the Finance and Sports departments were competitors, but he denied that there was any common competence between the two ministries.
He explained that Sports will "monitor all regulatory steps together with the Ministry of Finance" and also recalled that part of the resources is already foreseen in the provisional measure as destined for Sports to promote activities countrywide. Padilha stated that he expects that the bill that creates taxation and regulates sports betting in Brazil will be approved this Tuesday (12), in Congress. The federal government estimates that in 2024 it will raise R$1.6 billion from the betting market with the new legislation on the subject, under discussion in Congress.
By Renato Machado
Categoría:Legislation
Tags: Sin tags
País: Brazil
Región: South America
Event
SBC Summit 2025
16 de September 2025
Amatic Shines at SBC Summit Lisbon with Innovation and Legacy
(Lisbon, SoloAzar Exclusive).- At SBC Summit Lisbon, Amatic showcased a combination of continuity and innovation across its two brands, Amatic Online and Wildcat Gaming. Exclusive testimonials.
Friday 03 Oct 2025 / 12:00
Sportradar at SBC Summit Lisbon 2025: AI, Integrity, and Brazil’s Rising Influence in Global Gaming
(Lisbon, SoloAzar Exclusive).- Fernando Mora, Senior Sales Executive at Sportradar, reflects on a milestone presence at SBC Summit Lisbon 2025, where innovation, responsible growth, and Brazil’s emergence took center stage. Discover how Sportradar is shaping the future of sports betting through AI-driven solutions and global partnerships.
Thursday 02 Oct 2025 / 12:00
ProntoPaga Strengthens Its Position at SBC Summit Lisboa as a Leader in Digital Payments for iGaming in Latam
(Lisbon, SoloAzar Exclusive).- Juan Carlos Loza, Head of Sales Latam at ProntoPaga, shared the company’s achievements and progress during SBC Summit Lisboa 2025, where they reached a record number of strategic meetings. The team presented their 360° solution for the iGaming ecosystem, highlighted their leadership in local payments and instant payouts, and outlined the tech trends set to shape the future of the sector in Latin America.
Wednesday 01 Oct 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.