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Lottery

Chamber debates future of Federal Lottery Operations in Brazil

Tuesday 04 de June 2024 / 12:00

2 minutos de lectura

(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 Central Europe

03 de November 2025

NOVOMATIC Italia showcases innovation and responsible growth at SiGMA 2025

(Gumpoldskirchen/Rome).- NOVOMATIC Italia took center stage at SiGMA Central Europe 2025 in Rome (November 4–6), a premier international event for the gaming and digital technology industry. The Group highlighted ADMIRAL Pay, its Bank of Italy–authorized payment institution, alongside Quigioco, its online gaming brand, presenting a forward-looking and sustainable vision for the future of payments and digital entertainment.

Wednesday 12 Nov 2025 / 12:00

SiGMA Central Europe 2025 Closes First Edition with High Attendance and Roman-Inspired Experiences

(Rome, Exclusive SoloAzar) - The first edition of SiGMA Central Europe in Rome came to a close, leaving a strong impression on the iGaming industry. With thousands of attendees, six pavilions brimming with innovation, and an atmosphere that paid homage to Roman history, the event combined spectacle, networking, and business opportunities. It also yielded key lessons for future editions.

Friday 07 Nov 2025 / 12:00

Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe

(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.

Thursday 06 Nov 2025 / 12:00

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