Brazil Moves Forward on Betting Legislation

[MissExposé]

Brazil is set to launch a federal sports wagering marketplace, including online casino management, after the validation of legislation PL3626/23 by the Chamber of Deputies, awaiting President Lula da Silva's signature. The approved bill upholds online casino provisions, with set tax structures, stringent licensing requirements, and 134 firms vying to enter Brazil's forthcoming online gambling market.

Source:

Brazil’s Chamber of Deputies Validates Online Gambling And Sports Wagering Bill

The Brazilian Chamber of Deputies has officially validated the bill PL3626/23, which calls for the launch of a federal sports betting market in the country.

news.worldcasinodirectory.com

 

[edgarf76]

Interesting. I wonder how regulation will affect the online gambling market in Brazil.