Could Consumers be affected by the transfer of Lotteries to Subsidiary?
Friday 19 de April 2024 / 12:00
2 minutos de lectura
(Brasilia).- Caixa Econômica Federal's Board of Directors has approved the transfer of the bank's lottery activities to Caixa Loterias. The company is a wholly-owned subsidiary of Caixa, and was set up in 2015 for this purpose.
According to Caixa, the change could bring greater profitability to the business. "The migration will provide greater focus and contribute to the objective of modernising the lottery business, expanding the gaming market, diversifying products and increasing results," says the bank.
Caixa exclusively operates the lottery games service, which includes brands such as Mega-Sena. These services are exclusive to the Federal Government, by law, but they have faced competition from online sports betting shops, the so-called bets, which are different in nature and were regulated by the government last year.
Protests
The change was approved despite protests from the bank's employee associations, who said that the move could open the door to privatisation of the business. Caixa said in a statement published last Sunday (14) that this move depends on Congress, regardless of which lottery operator it is.
As well as betting, lottery shops are an important part of Caixa's service network. In December last year, there were 13,300 units across the country, out of a total of 26,500 physical points of service for the bank.
Categoría:Lottery
Tags: Sin tags
País: Brazil
Región: South America
Event
ICE Barcelona 2026
19 de January 2026
Merkur Group engages ICE visitors with a striking booth concept and remarkable new products
(Lübbecke/Barcelona).- The Merkur Group fully lived up to its ICE motto “Spin with Power. Shine in Color.”. With a booth more colourful, vibrant and eye-catching than ever before, powerful new products that consistently attracted large crowds, and an entertainment programme that truly captivated visitors, the company made a strong statement at ICE 2026.
Friday 23 Jan 2026 / 12:00
EGT Digital Wins Best Software Supplier of the Year at the European iGaming Awards 2026
(Sofia).- EGT Digital has been named Best Software Supplier of the Year at the European iGaming Awards 2026, recognising the company’s exceptional performance, innovation, and service excellence within the iGaming sector.
Friday 23 Jan 2026 / 12:00
IGT Marks 50th Anniversary with Multiple Awards at ICE Barcelona 2026
(Las Vegas).- The company celebrated its 50th anniversary with a standout presence at ICE Barcelona 2026, securing top honors across three prestigious industry award programs: the International Gaming Awards, ICE Landmark Awards, and European Casino Awards.
Friday 23 Jan 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.