The public agenda of the Ministry of Finance includes an important meeting for this Tuesday (14) between Fernando Haddad and representatives of the lottery and sports betting sector. On the agenda, the directions that the agency is taking towards the regulation of the sector.
Meeting with gaming and lottery companies:
Date: 03/14/2023 5:00 pm - 6:00 pm
Location: Ministry of Finance, Block P, 5th floor
Goals:
Meeting with gaming and lottery companies
Participating public agents:
- Fernando Haddad, Minister of Finance
- Laio Correia Morais, Chief of Staff of the Minister
- Marcos Barbosa Pinto, Secretary of Economic Reforms
- José Francisco Manssur, adviser to the Executive Secretariat of the Ministry of Finance
- Edinho Silva / Mayor of Araraquara (SP)
Participating private agents
- Arnaldo Muniz - public relations director representing National Association of Games and Lotteries (ANJL)
- Alexandre Fonseca - country manager Brazil representing Kaizen Gaming, BETANO and vice-president of the National Association of Games and Lotteries – ANJL.
- Júlio Iglesias Hernando - Chief Commercial Officer representing Kaizen Gaming, BETANO
- Ioannis Spanoudakis representing Kaizen Gaming, BETANO
- Roberto Campos Marinho Filho representing Conta Zap and ZapBets
- Bernardo Freire - Legal Consultant representing NSX Group, Betnacional
- Saul Valt - Managing Partner representing GaleraBet
- Marcos Sabia - CEO representing GaleraBet
- José André da Rocha Neto - President representing VaideBet
- Marcelo Moreira Seiroz - Resident partner representing F12
Minister Fernando Haddad has been signaling that he intends for the regulation of sports betting to take place by the end of March through a Provisional Measure to be presented by the government.
The objective is for bookmakers operating in Brazil to install their units in the country and start collecting taxes on the activity, as well as paying for the licensing fee, which will cost between R$25 and R$30 million for a period of five years.
In addition to the obligation for companies to pay to enter the game, they will be subject to the normal taxation already established in the country, according to their billing. For bettors, the payable bill will also be determined. In the ministry, there is talk of between 10% and 20% of the value of the prize, without any type of exemption.
Source: GMB
