seek to roll out their own products. Tis year IGT and Scientific Games announced that they were awarded a 20-year lottery contract for Loteria Mineira Brazil as part of a consortium. Both land-based and online sports betting is now up and running in the state of Rio de Janeiro. Earlier this year the State of Paraiba approved the regulation of fixed odds sports betting both in physical outlets and via online platforms and it is looking to tighten regulation further in order to crackdown on illegal gambling as well.
With all the buzz surrounding the potential liberalisation of the sports betting market, the casino bill has faded into the background until very recently. Bill PL 442 /91, was passed in the lower house and is now in the senate under the name draft Law No. 2234/2022. If approved, it would allow for a much wider expansion of the market as it would allow for large scale casinos and bingo halls with electronic bingo machines on site as well.
According to CNN, the Vice President of Brazil and Minister of Industry and Commerce, Geraldo Alckmin met with Mor Weizer, CEO of Playtech in July. Te meeting was apparently brokered by federal deputy Felipe Carreras, the current leader of Alckmin’s party, and a long-time supporter of an expansion of the industry.
According to reports, the Vice President made it clear that he was in favour of the legalisation of gambling meaning that events could well take another turn before the year is out.
P62 WIRE / PULSE / INSIGHT / REPORTS
CHILE
While online gambling reform has been on the cards for some time it remains unclear as to what form it will take. For now, online gaming is still illegal under Chile’s gaming laws of 2005.
Online gambling reform had already been put forward by the previous government and the Economy Commission of the Chamber of Deputies had been expected to deal with the issue last year. However, in January the undersecretary of Finance, Claudia Sanhueza, announced that the Executive Branch would push forward on the regulation of online gambling in Chile this year. Since then the Economic Commission of the chamber of deputies has held a
The Vice President of Brazil and Minister of Industry and
Commerce, Geraldo Alckmin met with
Mor Weizer, CEO of Playtech in July. The meeting was
apparently brokered by federal deputy
Felipe Carreras, the current leader of Alckmin’s party, and a long-time supporter of an expansion of the industry.
number of hearings. Casino industry executives and lawyers working on behalf of the online industry have all appeared in front of the committee in order to have their say.
In June the commission approved online gambling bill 035/2022. It provides an online sports betting framework and proposes that only those sports betting companies that are awarded a five-year renewable licence can offer their services. Licences will be granted through a non-competitive procurement process as opposed to a tender.
Te bill was approved by a large majority in the commission (nine votes in favour, three against and one abstention). Te result is
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