Brazilian municipality launches $850,000 lottery without federal approval
The São Paulo municipality announced a BR4.5m ($850,000) investment in a 20-year lottery concession.
3 min read • Oct 30 • By
Layla Victoria
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JDB Gaming
Imagine Live
Logifuture
Makeberry Affiliates
OMNIPLAY
Global Gaming Awards
Vegangster
bet365 Partners
Galaxsys
DYG
Euro Games Technology
SPAYZ.io
Z-Gaming
Bally’s Intralot
SmartSoft
Titans
ONLYPLAY
1spin4win
Linebet
DATA.BET
AMATIC Online
GammaSweep
ReferOn
GR8_TECH
GammaPlus
N1 Partners
GammaStack
BetConstruct
The São Paulo municipality announced a BR4.5m ($850,000) investment in a 20-year lottery concession.
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The Secretariat of Prizes and Betting has granted operators 30 additional days to implement preventative systems against social welfare beneficiaries.
IBJR argues that a 15% tax would penalize licensed operators and push consumers toward unregulated betting.
The SPA has authorized operator DigiPlus to suppress its brand GamePlus, greenlighting ArenaPlus and BingoPlus to take its place.
Brazil's Secretary of Prizes and Betting, Régis Dudena, has reinforced that betting is a public service, not a free market activity.
As the Brazilian Government renews its push for raised taxes on betting operators, the nation's Finance Minister finds backing within the opposition.
The request seeks regulatory changes enabling ENACOM to block illegal gambling platforms.
Senator Sérgio Petecão has introduced a bill directing part of the betting revenue to healthcare and social security.
The small town of Bodó has suspended its local lottery operations after raising BR8m ($1.5m) in ten months.