President Luiz Inácio ‘Lula’ da Silva has signed Bill PL3626/23 into law, which will establish the regulatory framework for Brazil to launch its federal sports betting marketplace. Authorised by Lula on Saturday, December 30, the president’s endorsement completes the legislative process, steering clear of the 2022 impasse when former President Jair Bolsonaro withheld federal sign-off of sports betting. The Workers’ …
Read More »
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 …
Read More »
Jair Bolsonaro is adamant that the Liberal Party will sign-off Brazilian sports betting into federal law, but remains in opposition to wider gambling reforms. Brazil’s President spoke on federal gambling developments as he continues to campaign for re-election, competing against the Workers Party led by bitter rival Lula da Silva. Bolsonaro – who is blamed for stalling on the Presidential …
Read More »
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 »
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 »
Responding to last week’s decision by the Ottawa House of Commons to vote down the progress of ‘single sports betting’ Bill C-221 ‘The Safe & Regulated Sports Act’, the Canadian Gaming Association (CGA) has stated that it is deeply disappointed by the outcome. Releasing a public statement, CGA representatives detailed that by denying C-221, Commons had again failed to engage …
Read More »
Canada appears to be split once more regarding its sports betting future, as the ruling Liberal Party has refused to support Bill C-122: ‘The Safe and Regulated Sports Betting Act’. Pro betting stakeholders, had begun the week eager for C-122 policies to be reviewed by Ottawa’s House of Commons on Tuesday. However, hopes of progress for C-122 were quickly dashed …
Read More »
SBC News Voice of the Sports Betting Industry