In the early hours of Thursday, the 24th, the basic text of the proposal to legalize betting in Brazil was approved by the Chamber of Deputies. The highlights of the project should be analyzed in a session scheduled for this Thursday. The approval of the text was reflected in the main vehicles specialized in betting games around the world.
It should be noted that Brazil is pointed out as a country with the potential to consolidate itself as one of the main markets on the planet based on the regulation of betting. Therefore, the global media is attentive to the unfolding of the agenda in the National Congress.
Global media highlights on the approval of the legalization of betting in the Chamber
The SwissInfo website, from Switzerland, recalled that gambling has been banned in Brazil since 1946 and that “in cities considered to be tourist hubs, the installation of casinos will be allowed, regardless of population density”.
While the iGaming Business portal classified it as “a historic decision”, however, it cited that President Jair Bolsonaro can veto the project. “But the Senate can override the veto. The Senate is expected to have the necessary votes to override a veto if necessary.”
The ‘Payment Expert’, also from England, pointed out that “the vote comes as a surprise to some observers, as the gaming industry has struggled for more than 30 years to obtain legal status” in Brazil.
Gaming Intelligence scored the House vote numbers with 246 votes in favor and 202 against, in addition to considering it ‘a necessary step before amendments to the proposal can be considered’. The site is owned and operated by Gaming Intelligence Services Limited, a company registered in England.
The SBC Americas website, which is part of the SBC Global network and covers the North and South American betting industry, highlighted that “February 24, 2022 will go down in history as the day Brazil finally approved the regulation for games”. The report further noted that the “tight vote culminated in a positive response for the industry, which has been fighting for its legality for more than 30 years.”
