Lottery

Chamber debates future of Federal Lottery Operations in Brazil

Tuesday 04 de June 2024 / 12:00

⏱ 2 min read

(Brasil).-The Chamber of Deputies' Financial Supervision and Control Committee will hold a public hearing today, to discuss transferring federal lottery operations to a subsidiary of Caixa Econômica Federal.

Chamber debates future of Federal Lottery Operations in Brazil

The CEO of Caixa Loterias, Lucíola Aor Vasconcelos, has confirmed her participation in the meeting that is going to be held today. The public hearing was requested by federal deputy Tadeu Veneri (PT-PR).

“We express our concern about this measure, because we know that Caixa's lotteries have been fundamental in reducing social inequalities in the country, by transferring resources to social policies. Around 40 per cent of Caixa Loterias‘ profits go towards investments in health, education and social projects,” argues the parliamentarian.

In April, Caixa's Board of Directors approved the transfer of the bank's lottery activities to Caixa Loterias S.A., a wholly-owned subsidiary.

Caixa exclusively operates the lottery games service. However, it has faced competition from online bookmakers, known as bets.

Better lottery options viables

Councillor Jakson Charles (PSB) announced in the gallery during Monday's (3 June) session that the Executive has contracted a company to carry out a study that will identify the best type of public lottery to be established in the city.

“On June 10, the company will present this data to the board formed to discuss this issue, chaired by Eduardo Milke, president of Issa”, Jakson said. He recalled that the law that created the municipal lottery was of his authorship, together with president Dominguinhos do Cedro (PDT).

“The lottery was created so that all its benefits will go to Issa, which will be an important measure to balance the pension institute of municipal officials,” Jakson said.

“We know that the Issa problem will not be solved by one administration. I have been telling the mayoral candidates what proposal each one has to solve the problem of Annapolis, including Issa. So far I have had no response," the councilman added.

As a legislator, Jakson said he is demanding that mayor Roberto Naves (Republicans) take action to make Issa viable, just as he demanded in the past from then mayors João Gomes (PSD, later PT) and Antônio Gomide (PT). “That is the councillor's obligation, to demand that the administration's finances be balanced.”

By Maria Eduarda Portela (M) and Marcos Vieira (anapolis)

Categoría:Lottery

Tags: Sin tags

País: Brazil

Región: South America

Event

SiGMA World 2026

02 de November 2026

Driving Engagement in the European iGaming Market: Habanero Insights Interview

(Rome, SoloAzar Exclusive).- Milda Mikelioniene, Business Development Executive at Habanero Systems, shares her expert perspective on building lasting operator trust, navigating Italy's shifting regulatory landscape, and driving player engagement through strategic portfolio growth.

Wednesday 11 Nov 2026 / 12:00

SiGMA World 2027: Rome Set to Welcome 35,000 Delegates for Third Edition

(Rome).- The SiGMA World Summit will return to Rome in May 2027, with organizers expecting around 35,000 attendees. Following a successful second edition that attracted 31,000 delegates, the event will expand its international reach, offering new networking opportunities, industry discussions and a broader conference programme.

Tuesday 10 Nov 2026 / 12:00

Novomatic Italia at SiGMA World 2026: The Value of Dialogue to Build the Future of the Sector

(Rome).- SiGMA World 2026 served as a key platform for discussion, knowledge sharing, and in-depth exploration of the core themes driving the evolution of the regulated gaming industry.

Tuesday 10 Nov 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.