Insight BRAZIL Market Update
Aloysio Nunes Ferreira, Brazilian Senator
“The CCJ’s opinions would have to be heard regarding any legal aspects of the text as the current text of the bill could well come under question as it could be regarded as unconstitutional.”
What’s happening? Are Brazil’s gaming laws still on the cards?
Magno Malta, Brazilian Senator
“The new gaming project would help launder money from corruption and trafficking and would turn Brazil into a “paradise of corruption.”
Guilherme Mussi Brazilian Deputy
States with more than 25 million inhabitants would be permitted to have a maximum of three casinos.
Crucially, the draft of the new law contains a number of measures designed to combat the most contentious issues of the bill, namely money laundering and corruption.
P42 NEWSWIRE / INTERACTIVE /
247.COM
With a flurry of news stories breaking all through 2016 regarding the possible opening up of the gaming market in Brazil events seemed to fizzle out when in December the Senate returned the new law which would regulate gambling for yet further debate. Senators rejected the new version of the law PLS 186/2016 voting 44 votes in favour and 19 against which meant that it had to be returned for further analysis to the House Committee on Constitution, Justice and Citizenship (CCJ)
Further analysis was “absolutely indispensable” according to Senator Aloysio Nunes Ferreira who said that the CCJ’s opinions would have to be heard regarding any legal aspects of the text as the current text of the bill could well come under question as it could be regarded as unconstitutional. Meanwhile Senator Magno Malta said that the new gaming project would help “launder money from corruption and trafficking” and would turn Brazil into a “paradise of corruption.” As a result the proposal was withdrawn from the agenda.
Since then there has been little word on how or if the government will finally give the go ahead to casinos and other types of gaming in the territory and there has been little progress of a separate bill which had
also seemed to be making rapid headway in the lower house. So where does the government currently stand regarding gaming legislation and what is the outlook for the bill short term?
To summarise there are currently two bills being considered in the Brazilian Congress: one in the Chamber of Deputies and the other in the Senate.
In the Chamber of Deputies the gaming law would allow for casinos within wider leisure complexes. In August 2016, a special commission approved the latest draft put forward by Deputy Guilherme Mussi. States with more than 25 million inhabitants would be permitted to have a maximum of three casinos. States with populations between 15 million and 25
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