The Senate of Brazil has approved the ‘basic text’ of Bill 3626/2023, providing the foundations for the launch of a federal sports betting market. Yet, following further amendments, the Senate has ordered that the Bill be returned to the Chamber of Deputies for further analysis. The decision follows three critical considerations debated by the Senate yesterday afternoon ahead of its …
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Brazil CAE settles on tax and fiscal duties of federal sports betting market
The Economic Affairs Commission (CAE) of the Senate of Brazil has concluded its review of the tax and fiscal modalities of Bill 3,626/23 – submitted by the government to regulate a federal fixed-odds betting market. The review marks the final assessment of Bill 3,626/23 by a legislative advisory, as the Senate will forward the Bill to the Plenary of the …
Read More »Pro-gaming Senator Angelo Coronel named a Rapporteur for Brazil Betting Bill
Brazilian Senator Angelo Coronel has been appointed as the Senate Economic Affairs Commission Rapporteur for Bill 3,626/2023, the federal legislation to regulate nation-wide betting and gaming. Rapporteurs play an important role in the Brazilian legislative process, as they report on developments within Commission meetings regarding certain legislation and ultimately make clear any final proposed amendments these committees may have to …
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