The government leadership in the Chamber of Deputies presented Request 4322/2023 late this Monday (18) afternoon calling for urgency in the consideration of Bill 3626/2023, which regulates sports betting in Brazil.
The document is signed by the leader of the government in the Chamber, deputy José Guimarães (PT-CE), as well as by deputies Zeca Dirceu (PT-PR), by the leadership of the Federação Brasil da Esperança Bloc, Hugo Motta (Republic-PB), leader of the MDB Block, PSD, Republicamos and Podemos, and Doutor Luizinho (PP-RJ), for the leadership of the União Block, PP, PSDB Federation, Citizenship, PDT, PSB, Avante, Solidariedade and Patriota.
The government has been giving clear demonstrations of interest in approving the matter in the Chamber of Deputies to guarantee the collection of taxes from the activity, which could reach R$12 billion (US$ 2.45bn) in 2024, if online casinos are reincorporated into the project that originated in the Chamber and which underwent changes in the Senate.
The accounts are being drawn up by the Executive and it has already been concluded that without online casinos, revenue expectations will not exceed R$700 million (US$ 142m) in 2024. In the government's initial accounts, the estimate was to raise around R$2 billion (US$ 405m) with the maintenance of online gaming in the project.
But the numbers are much higher than that. If the Chamber resumes online casinos in the project, the government estimates that it is possible to reach a figure of around R$12 billion (US$ 2.45bn). With grant fees alone, revenue could reach R$4 billion (US$ 810m) if the 134 companies that expressed interest in the license confirm the request when the regulation comes out.
Source: GMB
