Tag Archives: President Dilma Rousseff

Brazil lawmakers advance Bill 186, however scepticism remains regarding national gambling framework

Brazil’s long road to regulating online gambling services has received a further boost as its House of Representatives have approved amendments to Bill 186, which aims to introduce a new national industry framework. To date, Brazil law makers have kept their promise of reviewing the bill’s national agenda, which was put forward to House of Representatives in December 2015. Drafted …

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Brazil allows for gambling debate but national framework still faces long road

The Brazilian off and on approach to regulating gambling appears to be on again after a special review committee for the Brazilian Senate progressed the legislative agenda for a regulated national betting industry. The idea of regulating gambling in a country that banned bingo reletively recently in 2007 was mooted earlier this year as the government faced a fiscal crunch. …

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Brazil rethinks gambling agenda as recession looms

A month after stalling the progress of its review on regulated fixed-odds sports betting (Legislation – 671-2015), it appears that Brazilian lawmakers and congress are prepared to push for a nationwide gambling regulatory framework. Faced with the nation’s worst economic recession in 25 years, Brazil’s central bank last week forecasted that its economy will shrink by 2.5-2.7%. The cash strapped …

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Brazil expects delays as Dilma stalls betting legislation

Brazilian President Dilma Rousseff has stalled the progress of Legislation 671-2015 for the provisions of regulated fixed odds sports betting, citing that law makers needed more time to review its framework and context. Presented to President Dilma for sanctioned sign off at the start of July, the legislation had been approved for progress by Brazil’s Senate. The legislation would look …

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Brazil approves draft legislation for licensed sports betting

Brazil’s Senate has progressed draft legislation 671-2015 which will look to introduce regulatory provisions and a national framework for fixed odds sports betting. Current Brazilian gambling legislation allows for wagering on land based lottery, bingo and licensed horse racing events. Brazilian media sources have commented that the draft legislation was progressed due to the Senate’s raising concerns regarding the popularity …

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