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Latin America Focus


While the recently formed gambling board seems to be playing catch up


lawmakers are putting so many laws forward aimed at changing the way gambling is regulated that at times it’s hard to keep up. We have even seen one bill put forward as part of a package of seven bills in both houses


which would force gamblers to place part of their winnings into a savings account in order to teach them how to save money.


“I think that a large part of these problems come from the delay in


regulation. It was five years of a completely lawless land,” he said. Tese sentiments were echoed by Senator Soraya Tronicke. She put the blame squarely on ex-President Jair Messias Bolsonaro’s shoulders. Talking during a meeting of the CPI Tronicke said that the legislation legalising online gambling was sanctioned by former President Michel Temer before the end of his term, with explicit instructions for it to be regulated by the subsequent Executive Power. Te senator emphasised that the period set for regulation coincided


exactly with Bolsonaro’s presidency. “From January 1, 2019, to December 31, 2022, who was the president? Jair Messias Bolsonaro. Who was in power that should have acted?” she asked. Due to strong influence from evangelical lawmakers close to Jair


Bolsonaro, the conservative president avoided the issue with no political cost to himself. Tronicke told her fellow committee members that the lack of regulation resulted in estimated losses of R$ 15 billion per year in revenue collection for the state. Te senator contended that the delay has resulted in significant challenges in effectively regulating online gambling across the country. “How are we going to curb this? We don’t have enough technology to build a virtual wall in Brazil,” she said.


PLAYING CATCH UP Te 2023 law assigns the Ministry of Finance to oversee the fixed- odds betting sector and led to the creation of the Secretary of Prizes and Betting (SPA) in 2024. Tis new entity has published over ten ordinances to ensure the sector operates in a regulated way. However


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there have been questions as to whether the ordinances are enough especially when it comes to player protection and advertising. Two bills have recently been put forward aimed at imposing further


restrictions on advertising. One of the projects restricts the times when these advertisements can be aired (PL 2985/2023). Te second project, prohibits the participation of celebrities in the advertising of betting on sports events (PL 3405/2023). Tis project has already been approved in committee stage and could be put forward to the plenary. It imposes a raft of advertising restrictions. Just one of the proposals could have huge ramifications for the industry. According to the bill static or electronic advertising in arenas,


stadiums, and sports venues is prohibited, except for operators with naming rights to the venue or who sponsor the teams’ uniforms. In practice, this provision limits the broadcasting of sports betting advertisements to companies that have obtained naming rights for stadiums or championships, or that sponsor team uniforms during games.


SAVERS ARE WINNERS While the recently formed gambling board seems to be playing catch up lawmakers are putting so many laws forward aimed at changing the way gambling is regulated that at times it’s hard to keep up. We have even seen one bill put forward as part of a package of seven bills in both houses which would force gamblers to place part of their winnings into a savings account in order to teach them how to save money.


And if online gambling is proving to be so dangerous why aren’t all


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