Heitor Kadri (National Secretary for Attracting Investments, Partnerships and Concessions), Soraya Vilas Boas (Substitute Chief of ASTEC - Technical Advisory on Technical and Regulatory Affairs) and Barbara de Sá Neves - Assistant to the ASTEC) participated in the meeting on behalf of the Ministry of Tourism. As representatives of Embratur, Claudine Bichara (Revenue Generation Manager) and Aguinaldo Mascarenhas (Culture Manager) attended.
Embratur or Brazilian Agency for the International Promotion of Tourism, also known as the former Instituto Brasileiro de Turismo, is an agency with Autonomous Social Service status of the Ministry of Tourism of Brazil.
Law 14,455 that creates the Health Lottery and the Tourism Lottery in Brazil was published in the Official Gazette last September 22nd. Part of the profit collected from these lotteries will be allocated to the National Health Fund (FNS), in the case of the Health Lottery; and to Embratur (Brazilian Agency for the International Promotion of Tourism), in the case of the Tourism Lottery. Both lotteries will have physical and virtual bets, and management can be done by private companies.
President Jair Bolsonaro vetoed the article that determined that the Ministry of Economy would have a maximum period of 30 days to publish the concession rules for the exploitation of the new lotteries. According to the government, the article is unconstitutional as it violates the prerogatives of the Executive Branch. But this veto will still be analyzed by the National Congress, on a date to be defined.
In both the Health Lottery and the Tourism Lottery, the new law opens up the possibility of creating games in which players try to hit which numbers will be drawn, as in the Mega-Sena; or the creation of games trying to hit the outcome of sporting events, as is the case with Loteca. There is also the possibility of creating games with a fixed quota, in which the value of the prize is fixed from the beginning.
Regardless of the games to be created in the Health Lottery and the Tourism Lottery, 95% of the revenue will be collected by the operating company (excluding the prize). In games in which players try to hit numbers to be drawn, 5% of the collection will fall to the FNS or Embratur, respectively. In games where bettors try to hit the results of sporting events or games with a fixed quota, the participation of FNS and Embratur will drop to 3.37%; and clubs that cede the rights will receive 1.63%.
The values of prizes won by gamblers, but who do not present themselves to receive within a maximum period of 90 days, will also be reverted to FNS and Embratur. Law 14,455 also allows, in the case of funds transferred to Embratur, the carrying out of credit operations for companies in this sector.
Source: GMB
