iGB E-zines iGB e-zine BRAZIL | Page 8

Part 1: Setting the scene Gaming bills in Brazil • L  aw 13756/2018 offers fixed-odds betting as a lottery product, granting powers for the Ministry of Finance to regulate it and issue licences over two years, renewable for the same term, from the publication of the law. • The instant lottery (Lotex) privatisation tender Finance minister Paulo Guedes will be a pivotal figure in convincing President Bolsonaro to green light legislation 8 was scheduled to be held on April 26, with the winner to have a monopoly for 15 years to operate the instant lottery both online and offline. However, shortly before the auction it was announced that the date was to be postponed, for a fifth time, until May 9. • Online casino is government take a ‘year zero’ approach to all previous government legislation, then sports betting could be in trouble. However, current finance minister Paulo Guedes is the key person in this matter, given his free market views, says De Muro. “He could be the person that can convince Bolsonaro to give [the] green light on the legislation,” he adds. Even more positively, there are hopes that a successful implementation on the sports betting front might encourage the executive branch and the legislature to look at passing the other pieces of gaming legislation currently before them. “Sports betting regulation is completely independent from the potential liberalisation of other gambling modalities,” Maia points out. “Nevertheless, it is a clear signal that our Congressmen are keen to discuss gambling and [the] opening [of] the Brazilian market, once the government is in favour.” He notes, also, that sport betting legalisation was supported by the Ministry of Finance last year, BRAZIL The regulated opportunity in Latam’s largest market under discussion in two different bills: PLS 186/2014, in the Senate, and PL 442/1991, in the Chamber of Deputies. • In February the integrated casino bill PL 530/2019 was introduced to Congress to authorise 32 casinos within integrated resorts across the country. something that should further its chances of success. “It is still early to have a clear view on how Bolsonaro’s election will affect gambling regulation,” he adds. “As a matter of fact, the changes in the Chamber of Deputies and in the Senate, as well as the new Minister of Economics, will probably have a much larger impact on the potential legislation than the President himself. So far we can only hope that the economic liberal position overcomes the moral conservatism.” Gelfi from Suaposta points out that gaming “has never been a priority” for Bolsonaro. “The political agenda is fully focused on the social security reform. Once that is concluded, there will be an opportunity for competing discussions on the gaming project to gain traction and be included in the legislative agenda.” Also optimistic over future prospects is Alessandro Valente from Super Afiliados, who suggests that Bolsonaro has already shown that his main priority will be to take a “liberal democratic approach”.