In July, President Lula's government took a decisive step by promulgating the Provisional Measure designed to regulate sports betting nationwide. Some online casinos registered in countries like Curacao, for example Fezbet Casino, are available for Brazilian players as well. Many have to play at casinos where no real money is deposited, such as free slot games at various online sites. Fast Track To Gambling In Brazilĭespite a large appetite for it, Brazilian players currently don't have a clear way to gamble online with real money. The election in 2022 of President Luiz Inácio Lula da Silva, though not initially seen as a strong supporter of the industry, brought renewed optimism. However, the journey faced a major obstacle when former President Jair Messias Bolsonaro declined to endorse the new rules, casting uncertainty over the future of gambling in Brazil. This laid the foundation for broader gambling regulations in the country. In 2018 the Federal Senate passed Federal Law No 13,756/18, a move aimed at regulating fixed-odds sports betting. With the explosion of the internet and iGaming, it could have been predicted that Brazil would have to make a decision soon on bringing gambling into the regulated market.ĭespite a 2010 attempt to ban online gambling, an outright prohibition has never succeeded. A blanket ban on land-based gambling in 1946 exemplified the government's attitude toward the industry. The road to introducing legal online casinos and gambling in Brazil has been a journey marked by challenges and progress. Brazil’s Path To Legalizing Casinos And Gambling This landmark decision could reshape the country’s entertainment landscape and its financial prospects. The lower house of the government approved an online gambling bill which contained both online casino and sports betting. Brazil is on the brink of a significant milestone after the possibility of legalization of online casinos and gambling happened this week.
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