Tag Archives: BNL Data

Bolsonaro veto expected for proposed Brazil gambling regulation

SBC News Bolsonaro veto expected for proposed Brazil gambling regulation

Brazilian President Jair Bolsonaro has revealed in an interview with Veja that he has been in touch with government officials in regards to a proposed gambling legislation but warned that he will not allow the market to be regulated, according to a report shared by BNL Data. As Bolsonaro admitted, “the measure will not count with the support of the Government …

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New SECAP secretary confident of launching Brazil’s sports betting regime by 2022

SBC News New SECAP secretary confident of launching Brazil's sports betting regime by 2022

Gustavo José de Guimarães, the new secretary of SECAP, the agency leading Brazilian public policy development for the agriculture, energy and lottery sectors, has revealed that the government expects the sports betting sector to be regulated before the end of the year and up and running by 2022. According to comments made by local outlet Valor, shared by BNL Data, …

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Bolsonaro approves GGR tax modification for Brazil’s inbound sports betting regime

SBC News Bolsonaro approves GGR tax modification for Brazil's inbound sports betting regime

Brazilian President Jair Bolsonaro has signed into law a federal decree that regulates tax regimes for a number of industries, including Brazil’s yet to be launched sports betting regime.   Signed as Law No. 14,183, the order was included in the Official Gazette of Thursday 15 July. The decree’s mandate stems from the ‘Provisional Measure 1,034/2021’ previously approved by the Plenary …

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