LOTTERY REVENUES LOTTERY GAME 2021


Mega-Sena Lotofacil Quina


Lotomania Timemania Dupla Sena Federal


Dia de Sorte +Milionaria Super Sete Loteca TOTAL


R$6.7bn R$6.3bn R$3.4bn R$0.7bn R$0.2bn R$0.4bn R$0.3bn R$0.2bn n/a


R$0.1bn R$0.1bn R$18.5bn


130 horse race betting shops. At the end of 2022 a new National Racing Code was approved allowing jockey clubs to offer horse race betting helping them to compete with foreign sportsbooks.


Previously the only private company authorised by MAPA to explore horse race betting was Betsson. In 2019, Betsson bought a 75 per cent stake in Suaposta, the first and only fully authorised Brazilian race betting operator. At the time Suaposta was the only operator in Brazil offering legal wagering on horse betting via a partnership with the Rio Grande do Sul jockey club at Cristal.


2022


RS10.9bn R$6.6bn R$3bn


R$0.7bn R$0.5bn R$0.5bn R$0.3bn R$0.2bn R$0.2bn R$0.1bn R$0.1bn


R$23.2bn LAW CHANGES


Horse racing and lottery wagers account for just 0.25 per cent of the country’s GDP and there have been discussions to change the gambling landscape for years as the need to raise funds keeps the subject bouncing back on to the political agenda.


In 1993 the Zico Law was enacted to establish certain regulations about the development and financing of sport. A reference in the law granting sports organisation to the ability to raise money for sports development by holding bingo or similar meant the loophole was


Previously the only private company authorised by MAPA to explore horse race betting was Betsson. In 2019, Betsson bought a 75 per cent stake in Suaposta, the first and only fully authorised Brazilian race betting operator. At the time Suaposta was the only operator in Brazil offering legal wagering on horse betting. P74 WIRE / PULSE / INSIGHT / REPORTS


DIFFERENCE 63%


5%


-10% 7%


122% 22% 1%


-6%


-10% -26% 25.6%


exploited and bingo halls and slot machines began to proliferate rapidly. By the early 2000s Caixa had issued licences for 924 bingo halls of which 468 were located in Sao Paulo.


Te bingo halls catered for all types of players and were opulent and grand in the wealthy cities whilst simple basic bingo halls provided modest settings for the less affluent areas.


Tey generated substantial business with revenues of around R$390m in 2001/2002 although it was claimed only 10 to 20 per cent of actual bingo revenues were even actually reported.


Te Zico law had placed responsibility for the financial supervision of gambling at the feet of each of the states or districts, but lacking expertise many state treasuries delegated the power to organisations running the state lotteries and complications emerged with its regulation.


So, in 1998 rules governing bingo regulation were modified by the Pele Law which revoked commercialised bingo only allowing non- commercial bingo and responsibility was shifted


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