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Bolsonaro Starts Lottery Privatization Process on Fixed-odds Betting Modality - iGaming Brazil
Thursday, May 15, 2025
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Bolsonaro Starts Lottery Privatization Process on Fixed-odds Betting Modality

With the decree signed by President Jair Bolsonaro (without a party), the government will begin this Wednesday (08/19) the privatization process of the Caixa Econômica Federal lotteries.

With this, the president expresses his agreement with the inclusion of the service in the Partnership and Investment Program (PPI). Through the decree, the government initiates the process so that the betting service can be offered by the private sector. Currently, only Caixa carries out lotteries.

Read the decree below:

DECREE No. 10,467, OF AUGUST 18, 2020

Provides for the qualification of the public lottery service called fixed-stakes betting instituted by Law No. 13,756, of December 12, 2018, within the scope of the Investment Partnership Program of the Presidency of the Republic and its inclusion in the National Privatization Program.

THE PRESIDENT OF THE REPUBLIC, using the powers conferred on him by art. 84, caput, items IV and VI, item “a”, of the Constitution, and in view of the provisions of art. 4 of Law No. 13,334, of September 13, 2016, and Resolution No. 134, of June 10, 2020, of the Council for the Investment Partnership Program of the Presidency of the Republic,

DECREES:

Art. 1 The public lottery service called fixed-rate betting instituted by Law no. 13,756, of December 12, is qualified within the scope of the Investment Partnership Program of the Presidency of the Republic – PPI. 2018.

Art. 2 The National Bank for Economic and Social Development is designated as responsible for executing and monitoring the privatization process referred to in art 1, under the terms of § 1 of art. 6th and art. 18 of Law No. 9,491, of September 9, 1997.

Single paragraph. The Ministry of Economy is responsible for coordinating and monitoring the privatization dealt with in the caput, as well as for approving the studies, projects, surveys or investigations necessary to carry out that privatization.

Art. 3 This Decree comes into force on the date of its publication.

Click here and read DECREE No. 10,467, OF AUGUST 18, 2020 in full.

Ana Clara
Ana Clara
Ana Clara é formada em comunicação pela UFMG. Após algumas experiências no ramo, começou num projeto onde tinha o prognóstico esportivo como seu principal produto. Desde então, se apaixonou por apostas e virou editora no iGaming Brazil.
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