Brazil to revisit gambling changes?

Brazil to revisit gambling changes?

Monday, September 28, 2015 Totally Gaming
President Rousseff's government would consider new gambling laws to raise taxes

Brazil’s government has asked the country’s lawmakers to consider legalising gambling just weeks after President Dilma Rousseff stalled talks on regulating fixed-odds sports betting. 

President Rousseff's chief of staff, Aloizio Mercadante, is reported to have suggested that duties from gambling could help raise coffers after it became apparent that the government will struggle to pass a controversial tax on financial transactions.

Reports suggest that $5.9bn (€5.27bn) could be collected per annum in gambling taxes, with recession-hit Brazil having banned casinos in 1946, bingo halls in 2007 and online gaming in 2014 through criticism that the industry facilitated money-laundering and led to social problems. 

“When Brazilians want to gamble, they go to Paraguay, Montevideo, Las Vegas... and they leave all the money there,” said Mauricio Quintella, leader of the Party of the Republic, who is supporter of legalisation, but emphasised that the talks are preliminary.

The office of the president's chief of staff has so far declined to comment on the talks.

Just last month, the government delayed talks on the introduction of fixed-odds sports betting, saying that Bill 671-2015 needed further assessment in order to protect consumers and to help the executive better understand the impact of licensed sports betting on society.
 

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