Campaigns in Brazil to overturn Lula's betting bill veto
Wednesday 11 de September 2024 / 12:00
⏱ 1 min read
(Brasilia).- The National Association of Games and Lotteries (ANJL) will begin a campaign this Thursday to convince deputies, senators and the federal government to overturn a partial veto by Lula of the sports betting bill that changed the taxation of bettors' winnings.
Recently, the president of the Senate and National Congress, Rodrigo Pacheco (PSD-MG), announced that he had reached an agreement with the Planalto Palace to convene a session to analyse vetoes and vote on credit bills next Thursday, 18 April.
The betting association is in favour of reinstating the original text of the proposal, which established annual income tax on winnings, created an exemption band and allowed betting losses to be deducted from the taxable base.
With Lula's veto, the law now requires income tax to be paid on every prize paid out and on any amount. The ANJL argues that the combination of these factors ‘practically cancels out the effectiveness of federal regulation of the sector’, claiming that punters could migrate to clandestine sites.
When it recommended the veto contested by the betting association, the Ministry of Finance said that the sections would violate tax equality by creating ‘a logic of income tax exemption at odds with the ordinary rules that exist in the context of receiving prizes from lotteries in general’.
For the president of ANJL, Plínio Lemos Jorge, ‘maintaining these vetoes will harm everyone involved, except the illegal market, which will gain a wave of gamblers fleeing this mistaken taxation’.
Categoría:Legislation
Tags: Sin tags
País: Brazil
Región: EMEA
Event
GAT EXPO CARTAGENA 2026
24 de March 2026
GAT Expo Cartagena 2026 came to an end after a resounding success
(Cartagena de Indias).- With this closing, GAT Events continues its remarkable 2026 circuit with upcoming stops in Mexico City, São Paulo, San Juan, Bogotá and Santo Domingo, consolidating its presence as a B2B platform for the development of the legal gaming business in Latin America and the Caribbean.
Friday 27 Mar 2026 / 12:00
Latin American Regulators Unite to Tackle Illegal Gambling and Highlight Risks for Minors
(Cartagena de Indias, SoloAzar Exclusive).- At GAT Expo Cartagena 2026, Jesús Mariano Acevedo, President of LOTBA (Buenos Aires City Lottery), took part in the regulators’ panel where he analyzed online gaming challenges, the rise of illegal gambling, and the need for a joint strategy between the public and private sectors in the region.
Friday 27 Mar 2026 / 12:00
Nevada’s Regulatory Model Offers Key Lessons for Latin America at GAT Expo Cartagena 2026
(Cartagena de Indias, SoloAzar Exclusive).- During GAT Expo Cartagena 2026, SoloAzar provided exclusive on-site coverage of the international conference “Lessons from Nevada’s Regulatory Model for Latin America,” where Brian Krolicki, Vice Chairman of the Nevada Gaming Commission, delivered a comprehensive overview of regulatory best practices, emphasizing that “strong regulation is not the enemy of a successful gaming industry—it is the foundation that makes long-term growth possible.”
Thursday 26 Mar 2026 / 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.