MARKET INSIGHT BRAZIL


Seatbelts Sports Betting


Turbulence is forecast for Brazil’s sports betting bill, with lawmakers having their work cut out for them now that President Luiz Inacio Lula da Silva has finally put forward the government’s latest measure


(MP 1,182/2023). In total, 239 amendments to the bill were put forward in Congress before the deadline.


Fasten


“There are people in the business interested in paying taxes, they don’t want to


evade, they just don’t want astronomical, abysmal


licences, like Minister Haddad’s R$30m for each bookmaker. So our proposal is that there be a licence value


proportionately measured


according to the size of each bookmaker. Minister Haddad was very responsive. He accepted this dialogue.”


P76 WIRE / PULSE / INSIGHT / REPORTS


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