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Lottery

CEOF Authorizes Banco de Brasilia to Create Subsidiary for DF Lottery

Thursday 09 de May 2024 / 12:00

2 minutos de lectura

(Brasilia).- The Economics, Budget and Finance Committee (CEOF) of the Legislative Chamber of the Federal District (CLDF) approved, this Tuesday, an authorisation for Banco de Brasília (BRB) to create a subsidiary to take care of the future DF Lottery.

CEOF Authorizes Banco de Brasilia to Create Subsidiary for DF Lottery

The text was approved by the members of the Commission and will continue to go through other commissions until it reaches the full House.

The authorisation is provided for in Executive Bill No. 1.081/2024, which amends Law No. 7.155/2022, which created the DF Lottery. According to the approved text, BRB is ‘authorised to create a subsidiary to carry out the operational activities inherent to the exploitation of lottery and similar games, including electronic gaming by physical and digital means’.

Change in ITBI calculation
The CEOF also approved bill no. 885/2024, by deputy Thiago Manzoni (PL), which amends the legislation that defines the basis for calculating the Tax on the Inter Vivos Transfer of Real Estate and Rights Relating Thereto (ITBI). The bill still needs to be analysed in other committees and on the floor of the CLDF.

Under the proposal, the tax base will now be ‘the market value of the property as measured by the transaction value declared by the taxable person’.

In the bill's justification, deputy Thiago Manzoni argued that in March 2022, the Superior Court of Justice (STJ) established that the ITBI calculation basis is the value of the property transferred under normal market conditions, and is not linked to the IPTU calculation basis, which cannot even be used as a tax floor.

Categoría:Lottery

Tags: Sin tags

País: Brazil

Región: South America

Event

PGS, Perú Gaming Show 2024

12 de June 2024

Gambling regulation in Peru: evolution towards stability and legal certainty

(Lima, Exclusive SoloAzar) - From the repeal of the 20% tax by the Constitutional Court to the implementation of the Reorganisation and Formalisation Law, the regulation of gambling in Peru has undergone multiple changes. In this article, SoloAzar summarises the presentation by Dr. Constante Traverso, lawyer and head of APEJA, during the PGS, who underlines the need for a stable and fair public policy.

Wednesday 19 Jun 2024 / 12:00

Win Systems concludes a successful participation in Peru Gaming Show 2024

(Barcelona).- Win Systems, a leading technology provider for the gaming and entertainment industry, celebrates a successful participation in the recent edition of the Peru Gaming Show (PGS), which took place on June 12th and 13th at the Jockey Convention Center in Lima, Peru. The event was a perfect platform to showcase the company’s innovative solutions and cutting-edge products, specifically designed for the Peruvian market.

Wednesday 19 Jun 2024 / 12:00

The impact of AI on marketing campaigns, a featured topic at PGS 2024 conferences

(Lima, SoloAzar Exclusive).- Rony Vexelman, Marketing Manager of Optimove, presented the conference “Maximizing AI, the evolution of roles in iGaming”, within PGS event, held last week in Peru. From SoloAzar we share the highlights of the talk that shows how AI impacts online gaming and sports betting marketing campaigns.

Tuesday 18 Jun 2024 / 12:00

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