A year of optimism ends in disappointment as Jair Bolsonaro’s inaction and electoral pandering come at the expense of Brazil taking its best shot to regulate a federal sports betting market… December 12, 2022, marked the last possible day for Brazil to approve it’s federal sports betting regime… A date which passed without a trace of legislative action. On reflection, …
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Pele Law reforms demand that Brazilian bookmakers pay fee on IP rights
A further obstacle stands in the way of the passage of Brazil’s federal sports betting regime, as football clubs call for the government to ensure that bookmakers observe IP rights and protections. Addressing the Chamber of Deputies’ Sports Committee, the Presidents of Brazil’s 15 biggest football clubs outlined their support for Bill PL-1153/2019 that aims to reform the ‘Pele Law’ …
Read More »SECAP strengthens gambling oversight with Waldir Marques board appointment
SECAP – Brazil’s Secretariat of Evaluation, Planning, Energy and Lottery for the Ministry of Economy has announced the appointment of Waldir Eustáquio Marques Júnior as a new board member. The agency that has spearheaded the development of Brazil’s pending federal sports betting framework, welcomes a new advisor that has previously worked on lottery projects for the Ministry of Economy. Marques …
Read More »Liberal Party confirms Brazil’s gambling delay
As widely expected, Brazil’s governing Liberal Party has confirmed that no federal gambling or sports betting bill will be approved before Brazil settles its general elections in October. The decision was confirmed by Carlos Portinho, Senate leader of the Liberal Party, who backed the delay supported by President Jair Bolsonaro. The delay scuppers original plans drafted by SECAP – the …
Read More »Bolsonaro stalls Brazil’s sports betting launch ahead of October Elections
The progress of Brazil launching its new federal sports betting regime in 2022 has been blighted as President Jair Bolsonaro refuses to sign-off on the approved mandate’s regulatory decree. Six weeks have passed since the Ministry of the Economy put forward its Brazil Sports Betting decree to President Bolsonaro’s office to sanction its signature and become a federal law. At …
Read More »Brazil reforms working group to implement gambling laws against a tight timetable
Brazil’s Chamber of Deputies has reinstated a ‘working group’ to ensure that a new regulatory regime is approved to adopt and regulate new gambling laws. Brasil Socialist Party deputy member Felipe Carrera will lead the working group, reporting developments to Senate President Rodrigo Pacheco. The group is reported to have reinitiated meetings this week to ‘untangle the path’ for Brazil’s …
Read More »SECAP publishes desired working framework for Brazil sports betting market
The groundwork for Brazil’s pending regulation of its federal sports betting regime has become clearer as government agency SECAP publishes a ‘draft proposal’ outlining its preferred regulatory outcomes. Back in 2019, SECAP – Brazil’s Secretariat of Evaluation, Planning, Energy and Lottery – was placed directly in charge of finalising the legislation of Brazil’s sports betting regime, a mandate that needed …
Read More »Chamber of Deputies begins key debate on Brazil’s federal future for gambling
According to plans submitted by Arthur Lira Brazil’s President of the Chamber of Deputies– Bill-442/92 that seeks to implement a federal framework to Brazil’s fragmented gambling laws has been included in this week’s agenda and will be debated today. Though the legislative text is fourth on the list, gambling reformists are positive of progress. Felipe Carreras, the Deputy who drafted …
Read More »SECAP appoints Calderini Rosa as new secretary to clear pathway for sports betting regime
The Ministry of the Economy of Brazil has announced the appointment of Sérgio Ricardo Calderini Rosa as new Secretary General of SECAP – the Ministry’s public policy agency charged with overseeing developments and evaluations for energy, agriculture and lotteries. The appointment follows the abrupt resignation of former incumbent Gustavo Guimarães, who on 19 January declared that he would no longer …
Read More »Alex Leese, Pronet Gaming: Making up for lost time in Brazil
Pronet Gaming CEO Alex Leese looks towards the future as South America’s biggest country, Brazil, aims to get on track with regulated sports betting. While England and Brazil fans alike licked their wounds as losing finalists this summer, operators based in the UK could at least fall back on a very positive tournament in Euro 2020 in terms of revenues …
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