Chamber approves bill regulating sports betting in Brazil
Written by :
Heloisa Vasconcelos
Reviewed by :
Larissa Borges
The Chamber of Deputies approved, this Friday (22), the Bill that regulates sports betting in Brazil .
The PL, approved as an urgent matter in the early hours of the morning, is now awaiting presidential sanction.
The text received criticism, mainly from the evangelical bench, which believes that the regulation would bring “more harm to society than benefits with the collection”.
The speech by deputy Eli Borges (PL-TO) was contested by the president of the Chamber, Artur Lira, who pointed out the fact that the text had already been approved by both the deputies and the Senate.
According to Lira, the lack of regulation ends up encouraging money laundering and uncontrolled gambling.
“ Here we are not increasing or decreasing, we are trying to regulate and give seriousness [to the sector] to avoid, for example, money laundering. ”
Arthur LiraPresident of the Chamber of Deputies
Adolfo Viana, the bill’s rapporteur, is another voice in favor of the bill. He points out that the law will be responsible for “establishing” the supervision and taxation of betting sites in the country. According to the congressman, if the text is not approved, these games will continue to take place without any type of supervision.
About the PL
The main highlight of the text is the reinstatement of online casino sites , previously removed by the Senate.
Regarding the collection, the resources were divided between:
- 2% for Social Security
- 1.82% for education
- 6.63% for sports
- 5% for tourism
Companies will keep 88% of gross revenue.
As for bettors, the approved text establishes a 15% Income Tax charge on the net value of prizes above R$2,112.
Instead of sending a substitute text, the Senate sent the changes to the Chamber of Deputies as amendments. This is a way to speed up the approval process of the bill. Thus, the deputies only evaluate the points of change added or not to the original text.
The urgency to approve the PL before the 2023 recess is justified by the budgetary issue: the Federal Government is already counting on tax revenue from bets for next year’s budget.
Regarding betting advertising , it will be necessary to include warnings discouraging gambling and warnings about the harmful effects. Brands must also observe the advertising restrictions, since betting is restricted to audiences over 18 years of age.
Advertisements that have an “attractive” content or claim that betting can contribute to social or personal advancement are prohibited.