{"id":238271,"date":"2022-10-19T09:09:53","date_gmt":"2022-10-19T14:09:53","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=238271"},"modified":"2022-10-19T10:24:01","modified_gmt":"2022-10-19T15:24:01","slug":"brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/","title":{"rendered":"Brazil Sees Sports Betting Legislation Moving Forward, Big Questions Remain"},"content":{"rendered":"

It’s now abundantly clear that should Jair Bolsonaro beat Luiz In\u00e1cio Lula da Silva and continue as Brazil’s president<\/a>, gambling expansion across the country will be stifled. However, sports betting is moving forward, even if the incumbent isn’t totally sold on the idea.<\/p>\n

\"Jair
Brazil President Jair Bolsonaro screams into the microphone during a stop on the campaign trail. He’s hoping to win the runoff election at the end of this month, which could stifle gambling and betting expansion in the country. (Image: Agence France-Presse<\/em>)<\/figcaption><\/figure>\n

On Monday, December 12, Brazil’s government needs to have made up its mind about how to regulate sports betting. In the face of this deadline, Bolsonaro said this week that the text of the decree is “mature” and “quite advanced.”<\/p>\n

Bolsonaro sees sports betting as a way to improve Brazil’s infrastructure. At the same time, though, he can’t get behind online gambling, as Brazilians are “not mature enough” to handle it.<\/p>\n

Brazil Closer to Legal Sports Betting<\/h2>\n

Sports betting has grown rapidly around the globe, and Brazil is no exception. However, after many years of discussion, there is still more work to do.<\/p>\n

\n

At the end of 2018, the Brazilian federal government approved fixed-odds wagers as a legal activity. It gave the Ministry of Economy four years to develop a market that would regulate online and land-based sportsbooks. That deadline is coming in December, and despite the FIFA World Cup<\/a> right around the corner, Brazil hasn’t established the full regulatory framework that would allow it to capitalize on the event.<\/p>\n<\/div>\n

Bolsonaro, who faces a runoff election with da Silva in about 10 days, hasn’t spoken publicly in detail about what he might do about legalized sports betting. There is no concrete deadline for regulation and he hasn’t elaborated on the rules that might be coming.<\/p>\n

In an interview with the Brazilian podcast “Paparazzo Rubro-Negro<\/em>,” he said the main issue is to define how the government will use the revenue it receives from sports betting. This is where his all-encompassing “infrastructure” description comes in.<\/strong><\/p>\n

Bolsonaro fielded a question about how the government would use the money. He stated, “I do not want it for the Treasury; I have too much money. The pulse now is where that money goes \u2013 infrastructure.”<\/p>\n

In addition, he stated that the recommendation is that operators use the “.bet” domain, since many already do. He believes this is already a “mature” solution that lends itself to better control.<\/p>\n

Brazilians Not Ready for More Casinos<\/h2>\n

The current layout of sports betting in Brazil, because of the lack of regulations, is ripe for capital outflows. As a result, the government isn’t receiving revenue from operators.<\/p>\n

\n

This means it’s missing out on a market that could be worth around $720 million in gross gaming revenue by some estimations. That figure could grow to as much as $1.8 billion within four years.<\/p>\n<\/div>\n

Bolsonaro, who became president a year after the approval of the sports betting legislation, is ready to accept the fate of the activity in the country. However, the expansion of the gambling segment remains off the table.<\/p>\n

The president doesn’t look at sports betting and casino gambling through the same lens. He doesn’t support an expansion of slot machines and has warned congressional lawmakers several times that he will veto any bill that counters his opinion.<\/strong><\/p>\n

Legislators are also discussing the possible launch of bingo halls and additional casinos, both land-based and online<\/a>. Bolsonaro let Brazilians know what he really thinks about them, commenting “I think Brazil is not yet mature enough to discuss that.”<\/p>\n","protected":false},"excerpt":{"rendered":"

It’s now abundantly clear that should Jair Bolsonaro beat Luiz In\u00e1cio Lula da Silva and continue as Brazil’s president, gambling expansion across the country will be stifled. However, sports betting is moving forward, even if the incumbent isn’t totally sold on the idea. On Monday, December 12, Brazil’s government needs to have made up its […]<\/p>\n","protected":false},"author":64,"featured_media":238270,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81884,13],"tags":[40,81904,81899],"acf":[],"yoast_head":"\nBrazil Sees Sports Betting Legislation Moving Forward, Big Questions Remain - Casino.org<\/title>\n<meta name=\"description\" content=\"It's now abundantly clear that should Jair Bolsonaro beat Luiz In\u00e1cio Lula da Silva and continue as Brazil's president, gambling expansion across the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brazil Sees Sports Betting Legislation Moving Forward, Big Questions Remain - Casino.org\" \/>\n<meta property=\"og:description\" content=\"It's now abundantly clear that should Jair Bolsonaro beat Luiz In\u00e1cio Lula da Silva and continue as Brazil's president, gambling expansion across the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-19T14:09:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-19T15:24:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Jair-Bolsonaro.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Erik Gibbs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Erik Gibbs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/\",\"url\":\"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/\",\"name\":\"Brazil Sees Sports Betting Legislation Moving Forward, Big Questions Remain - Casino.org\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Jair-Bolsonaro.jpg\",\"datePublished\":\"2022-10-19T14:09:53+00:00\",\"dateModified\":\"2022-10-19T15:24:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca\"},\"description\":\"It's now abundantly clear that should Jair Bolsonaro beat Luiz In\u00e1cio Lula da Silva and continue as Brazil's president, gambling expansion across the\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Jair-Bolsonaro.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Jair-Bolsonaro.jpg\",\"width\":1600,\"height\":900,\"caption\":\"Brazil President Jair Bolsonaro screams into the microphone during a stop on the campaign trail. He is hoping to win the runoff election at the end of this month, which could stifle gambling and betting expansion in the country. (Image: Agence France-Presse)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Legislation\",\"item\":\"https:\/\/www.casino.org\/news\/legislation\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Brazil Sees Sports Betting Legislation Moving Forward, Big Questions Remain\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca\",\"name\":\"Erik Gibbs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png\",\"caption\":\"Erik Gibbs\"},\"description\":\"Erik Gibbs covers global gaming news for Casino.org. His scope includes Europe, Latin America, the Caribbean and Asia. Erik has covered gaming markets in Europe and Asia for the past six years. Erik joined Casino.org in November 2021. Erik has written for numerous gambling- and a handful of industry publications has quoted casino-related media outlets over the years and. He is always excited to bring a new perspective on what's happening in the gaming space. Erik enjoys following the global gaming industry, paying particular attention to innovation and regulation. Originally from the US, Erik has spent extensive time living in various countries across the globe. He enjoys anything that has to do with the outdoors and exploration, although he readily admits that he would have no trouble spending all day fishing on a boat. He currently resides in Spain. Contact Erik at erik.gibbs@casino.org.\",\"url\":\"https:\/\/www.casino.org\/news\/author\/erik-gibbs\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Brazil Sees Sports Betting Legislation Moving Forward, Big Questions Remain - Casino.org","description":"It's now abundantly clear that should Jair Bolsonaro beat Luiz In\u00e1cio Lula da Silva and continue as Brazil's president, gambling expansion across the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/","og_locale":"en_US","og_type":"article","og_title":"Brazil Sees Sports Betting Legislation Moving Forward, Big Questions Remain - Casino.org","og_description":"It's now abundantly clear that should Jair Bolsonaro beat Luiz In\u00e1cio Lula da Silva and continue as Brazil's president, gambling expansion across the","og_url":"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2022-10-19T14:09:53+00:00","article_modified_time":"2022-10-19T15:24:01+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Jair-Bolsonaro.jpg","type":"image\/jpeg"}],"author":"Erik Gibbs","twitter_card":"summary_large_image","twitter_creator":"@Casino_Org","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Erik Gibbs","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/","url":"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/","name":"Brazil Sees Sports Betting Legislation Moving Forward, Big Questions Remain - Casino.org","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Jair-Bolsonaro.jpg","datePublished":"2022-10-19T14:09:53+00:00","dateModified":"2022-10-19T15:24:01+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca"},"description":"It's now abundantly clear that should Jair Bolsonaro beat Luiz In\u00e1cio Lula da Silva and continue as Brazil's president, gambling expansion across the","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Jair-Bolsonaro.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/10\/Jair-Bolsonaro.jpg","width":1600,"height":900,"caption":"Brazil President Jair Bolsonaro screams into the microphone during a stop on the campaign trail. He is hoping to win the runoff election at the end of this month, which could stifle gambling and betting expansion in the country. (Image: Agence France-Presse)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/brazil-sees-sports-betting-legislation-moving-forward-but-big-questions-remain\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Legislation","item":"https:\/\/www.casino.org\/news\/legislation\/"},{"@type":"ListItem","position":3,"name":"Brazil Sees Sports Betting Legislation Moving Forward, Big Questions Remain"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/21bf33e35290a1da9c572298dac6b7ca","name":"Erik Gibbs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-13-96x96.png","caption":"Erik Gibbs"},"description":"Erik Gibbs covers global gaming news for Casino.org. His scope includes Europe, Latin America, the Caribbean and Asia. Erik has covered gaming markets in Europe and Asia for the past six years. Erik joined Casino.org in November 2021. Erik has written for numerous gambling- and a handful of industry publications has quoted casino-related media outlets over the years and. He is always excited to bring a new perspective on what's happening in the gaming space. Erik enjoys following the global gaming industry, paying particular attention to innovation and regulation. Originally from the US, Erik has spent extensive time living in various countries across the globe. He enjoys anything that has to do with the outdoors and exploration, although he readily admits that he would have no trouble spending all day fishing on a boat. He currently resides in Spain. Contact Erik at erik.gibbs@casino.org.","url":"https:\/\/www.casino.org\/news\/author\/erik-gibbs\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/238271"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=238271"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/238271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/238270"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=238271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=238271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=238271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}