President of Brazilian Senate to postpone the gambling legalization proposal to October
Wednesday 07 de August 2024 / 12:00
⏱ 1 min read
(Brasilia).- The President of the Senate, Rodrigo Pacheco (PSD-MG), has signalled that he is in no hurry to put the Gambling Bill on the agenda.
According to reports made to CNN, Pacheco has indicated that his priorities for the second half of the year are the renegotiation of state debts and compensation for the payroll tax exemption.
The two issues were also listed as priorities for August by President Luiz Inácio Lula da Silva (PT) in a meeting with the senator last week.
As a result, the proposal to legalise gambling in the country, which has already been approved by the Chamber of Deputies, will have to be postponed until after the first round of municipal elections in October.
The postponement of the debate is also due to pressure from the evangelical caucus, which has prepared studies to dissuade government senators from voting in favour of the initiative.
The argument is that gambling encourages addiction in the country. In addition, the Ministry of Justice fears that the measure could encourage money laundering.
Lula, however, has already stated in an interview that he tends to sanction the proposal, which has the support of both the economic team and the political wing.
In the long term, the authorisation is expected to raise USD 400 million for the federal government.
Categoría:Legislation
Tags: Sin tags
País: Brazil
Región: South America
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
Martin Ivanov: "Latin America remains one of CT Interactive's key strategic regions"
(Lima, SoloAzar Exclusive).- CT Interactive Chief Operating Officer Martin Ivanov reflects on the company's experience at the Peru Gaming Show, highlights the opportunities emerging in the Peruvian market, and outlines the company's strategic priorities for expanding across Latin America.
Thursday 16 Jul 2026 / 12:00
Regulation and the Black Market in Latin America: Challenges and Solutions
(Lima, SoloAzar Exclusive).– As part of the Peru Gaming Show (PGS) 2026 conferences, gaming industry leaders analyzed one of the main challenges currently facing regulated markets in Latin America: the growth of illegal gambling. The panel "Regulation and the Black Market: Challenges and Solutions" brought together Carlos Fonseca, CEO of Gaming Law, as moderator; Neil Montgomery, founding partner of Montgomery & Associados; Tatiana Vásquez, founding partner of Vázquez Asociados; Karen Sierra Hughes, Vice President for Latin America, the Caribbean, and Spain at GLI; and Vanessa Cabrera, Director of the Control and Sanction Directorate of the DGJCMT-MINCETUR, who debated the causes of the black market, the available regulatory tools, and strategies to strengthen channeling toward legal gaming in the region.
Wednesday 15 Jul 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.
