NATIONAL ASSOCIATION OF GAMES AND LOTTERIES (ANJL) STATEMENT
After almost a year of intense debates and postponements of the vote on Bill 3626, the National Association of Games and Lotteries (ANJL) acknowledges the efforts of federal deputies for the approval of the bill that will regulate fixed-odds sports betting and online games in Brazil. The plenary of the Chamber of Deputies approved, in the early hours of this Friday (22), by the majority of votes from the parliamentarians, the base text of the bill, which now goes to presidential sanction.
For the president of the National Association of Games and Lotteries (ANJL), Wesley Cardia, the approval of the bill is the victory of common sense and legality for the Brazilian citizen. "Now, bettors and operators will be supported by the law, minors protected and prohibited from accessing online betting platforms, and those prone to gambling addiction will be monitored."
He emphasizes that the prevalence of reason over any other motive was the basis on which Bill 3626 was voted. The effort of Senator Ângelo Coronel in the Senate and Congressman Adolfo Viana in the Chamber was fundamental in convincing both houses of the need to impose controls on the market.
The approved text defines clear rules for the exploration of the sector, taxes companies and bettors, determines the sharing of revenue, among other important points. Everyone benefits from regulation.
With the new rules, according to Cardia, only companies authorized by the Ministry of Finance will be able to operate in Brazil. "Interested parties need to pay up to R$ 30 million for the right to operate for five years, have a minimum of 20% of the share capital owned by Brazilians, have headquarters and administration on national territory, prove experience in games, and meet technical requirements established by the Executive Power," he points out.
State control will create a scenario of legality because it will require all those who operate in the country to adopt ethical and responsible practices to serve bettors, encourage responsible gambling, prevent fraud, manipulate bets, and combat money laundering. With regulation, it will be possible to suspend payments for bets suspected of match-fixing, in addition to verifying bettors using facial recognition technology. All these mechanisms ensure credibility to the 'bets' and greater security to citizens.
Source: ANJL
