Regional and international investors attracted to Brazil on legalized gambling outlook admin, February 12, 2024 The push for legalized casinos and online gambling in Brazil is maturing and at an advanced stage in the legislative process. Proposed Laws 442/91 and 186/2014 would regulate internet casinos, bingo, and lotteries and are currently with the Chamber of Deputies and the Senate. The advancement is widely seen as a hope for the government to revive the struggling economy by attracting new investment and creating new jobs, as well as the generation of tax revenue. According to research by the Instituto Jogo Legal (Legal Gaming Institute) the sector could become a R$ 59 billion (US$17.6b) business, based on comparisons to other countries where such gaming is legal and regulated. Clarion Events has organized the third Brazilian Gaming Congress (BgC) which is taking place through November… Read More >
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