BRAZILStatistics
MARKET DYNAMICS
GAMING MACHINES: Est. 25,000 Class II Bingo Machines BINGO HALLS:
LOTTERY OFFICES: LOTTERY REVENUE:
RACETRACKS: BETTING SHOPS:
600
LOTTERY: Caixa Economica Federal (Federal Savings Bank) and State Lotteries
11,000 plus an additional 25,000
bank machines which also accept the purchase of CAIXA lottery tickets.
Caixa R$10.4bn while a further
R$400 million is generated by state lotteries. Estimate 15
160. Horse racing only. Plus seven Codere Turff Bet & Sports betting shops.
ONLINE GAMING:
ONLINE GAMING REVENUE: CASINO SLOTS: CASINO TABLES:
TOTAL GAMING REVENUE: 6 6
Not permitted but tolerated widely. Legal for local horse racing only. US$200m None None
MAIN OPERATORS: Codere, and local bingo hall operators. CASINO REVENUE:
None R$11.1bn
OVERVIEW
Casinos were banned in Brazil in 1946 although horse racing is permitted and generates around R$300m a year in revenue. In 1993 the Zico Law allowed for the establishment of bingo halls and in order to generate additional income the law was then amended in 1998 to allow bingo halls to house electronic bingo terminals and by 2003 there were over 1,000 bingo halls.
The Animal Game, an illegal street lottery, is played widely and numbers runners have been found to operate bingo halls and offer officials bribes in return for closure. These scandals first began in 2004 and bingo halls were banned in the aftermath of the scandal and since then the majority of bingo halls have been able to remain open by individual judicial order or via specific legislation and the industry exists in a legislative vacuum. Meanwhile illegal slot machines continue to proliferate in local businesses despite police raids. There could well be changes in the online sports betting market as the government is now looking into the issue. The Sports Ministry and CAIXA are both advocating allowing sports betting. Under current proposals the lottery would offer foreign online companies the opportunity to bid for the rights to offer sports betting on behalf of the lottery so that it would be able to offer sports betting ahead of the World Cup in 2014.
BRAZIL: Statistics Capital: Brasília Population: 201,009,622 Land Area: 8,515,767
sq.km Currency: Brazilian Real (BRL) Government: Republic Head of Government: President Dilma Rousseff (Partido dos Trabalhadores Workers Party) Elections: The president is elected to a four- year term by absolute majority vote. Next elections October 2014.
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