Wire SOUTH AMERICA
Argentina - Argentina hikes online tax rate The Argentine government, headed by President Alberto Fernández, has ordered an increase in the tax rate on online betting according to a decree 293/2022 published in the Official Gazette. Established in December 2016, through Law N° 27346 the Indirect Tax on Online Betting imposes taxes on the online gambling sector, establishing a federal online gambling tax of two per cent rate on the gross value of each bet. The tax was established throughout the country and applies to bets and/or games of chance through any type of digital platform. The law also gives the Executive Branch the right to increase the tax rate by as much as 50 per cent, reduce it or temporarily leave it without effect.
In October 2020, Minister of Economy, Martín Guzmán, added provisions to the 2021 Budget to increase the federal tax on online gambling from two per cent to five per cent of the gross value of each transaction. Then in 2021 the government created a new Online Control Registry of Betting in order to cover taxation over the industry further.
According to the new plans, 95 per cent of the amount collected by the government through this tax would be shared with the provinces, and five per cent would finance Argentine government- owned telecomms (ARSAT). It was one of the 40 modifications implemented in the Budget Committee of the Chamber of Deputies. The tax is designed to help pay off some of the country’s deficit.
The new tax ranges from 2.5 per cent to 15 per cent depending on a number of factors with operators facing heavier rates for having not complied with previous regulations. Meanwhile those companies that are already registered with the online gambling registry and have put local employees on the books will benefit from a lower rate. Subjects residing in Argentina and already registered in the Online Control Registry of the Betting System will pay 5 per cent.
Peru - Greentube signs Solbet agreement Greentube has signed a deal with Solbet that sees its content go live in Peru and Ecuador. Solbet players in both jurisdictions have gained access to a selection of classic titles including Diamond Link: Mighty Sevens, Lucky Lady’s Charm Deluxe 10 and Book of Ra Deluxe.
In addition to Greentube’s game catalogue, players are also able to enjoy some of the studio’s popular new releases, including Diamond Link: Mighty Sevens. Sports betting and casino operator Solbet is part of the Dreams Group, which boasts a strong land- based and online presence in multiple regions across Latin America.
Juan Pablo Uribe, Development Manager at Solbet, said: “Greentube is a legendary force within the iGaming industry and players across the globe know who they are and what they’re about, so naturally we’re delighted to be able to offer players in Peru and Ecuador a wide selection of their games.”
P10 WIRE / PULSE / INSIGHT / REPORTS
Elections to Delay Brazil’s Gambling Bill
Lawmaker says that the Brazil’s Gambling Bill, now in the senate, will not be debated before the end of this year.
Bolsonaro is losing popularity due partly to his response to the pandemic, though high inflation and increasing fuel prices have also diminished his popularity further.
BRAZIL LEGISLATION
A lawmaker has said that the gambling bill now in the senate will not be debated before the end of this year. Carlos Francisco Portinho, who leads President Jair Bolsonaro's government in the Senate, said that proposals which have a high-impact, such as fiscal and administrative reforms, the privatisation of public companies and the legalisation of gambling, will be postponed until next year.
"It is difficult to carry out a fiscal reform in the last year of government, as well as to advance games of chance, arms legislation or education at home. All this is easier to achieve with the renewal of the president's mandate... It will be easier with the beginning of a new government with legitimacy revalidated by the vote," said Portinho.
Portinho once again affirmed that the opening up of the market along with other controversial issues would be postponed. Asked about the government's main projects for this year, the new leader pointed out that there would be difficulties in getting them through in an election year.
“Tis is a year of few weeks of work, because it is an electoral year. During the electoral period, absences are not counted, according to
regulations. From July 17 to the end of October, the country's attention will naturally focus on the elections. Afterwards, we will have another two months, which will depend on the results of the elections," he said.
Direct presidential elections are held in Brazil as part of the general elections every four years. Te current electoral law provides for a two- round system in which a candidate must receive more than 50 per cent of the vote to win in the first round; if no candidate passes the 50 per cent threshold, a run-off is held between the top two candidates. Brazil’s former President Luiz Inacio Lula da Silva, is vying to replace Jair Bolsonaro in the country’s October elections. Bolsonaro is losing popularity due partly to his disastrous response to the COVID-19 pandemic. Meanwhile high inflation and increasing fuel prices have diminished his popularity further.
Any changes to gambling policy hinge greatly on Bolsonaro’s future and this in turn also depends on the evangelical caucus. Evangelism has been on the rise for years (a third of Brazilians now identify as evangelicals) and it was Bolsonaro’s ability to tap into this support base which helped him get elected. Evangelical leaders have repeatedly come out against any liberalisation of the market.
Brazil Match-fixing scandal in women’s football
A reported attempt has been made to fix the results of a match in the top women’s division of Brazilian football. Te President of Santos football club, Andres Rueda, claimed during a press conference that a player had been approached by a club employee to manipulate the results during a match between Santos and rival Red Bull Bragantino. Rueda stated that the incident could point to a much wider pattern of corruption.
“We had a demonstrably unfortunate event this weekend, which is perhaps the tip of the iceberg of what is happening in our football. An employee of our club, from women's football, using an intermediary from Bragantino, tried to bribe a player to manipulate the result in the first half of the game for betting purposes”, Rueda said.
In a statement, the club stressed that before the match on Sunday, 19, for the 13th round of the Brazilian Women's Championship, an athlete from Bragantino was contacted and asked to allow the other team to score. Te player rejected the offer and managers of the opposing team contacted the president of Santos straightaway, who took the necessary measures. According to an official statement, Rueda reported the case to Te Brazilian Football Confederation (CBF), and filed a police report.
“We are preparing all the material to forward to the Public Prosecutor's Office and we will not be happy until we find out, not only who this came from, but also where this rottenness comes from,” he said.
Bragantino also published a
statement to confirm the allegations: “Red Bull Bragantino goes public to, unfortunately, confirm the allegations of harassment of one of our players before the match against Santos. Te player promptly refused and informed her superiors, who made sure to keep the game smooth and forwarded the complaint to our board. As soon as we became aware, we took all internal measures, contacted Santos to present evidence of what happened, and both clubs delivered the material to the competent authorities. We regret that this type of harassment happens in our football and we will work to curb any attitude that tarnishes the integrity of the sport.”
Santos Futebol Clube and Red Bull Bragantino both play in the Paulistão, the State of São Paulo's premier state league, as well as the Brasileirão, the top tier of the Brazilian football league system.
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