Brazilian lawmakers are set to vote on a bill that calls for the legalization and regulation of a number of gambling services in the country.Major international land-based and online gambling operators have expressed interest in operating in the country.
A long-delayed vote on the legalization of a number of gambling options was delayed once again by Brazilian lawmakers, local media reported.With that said, a vote on the bill will likely be postponed for an unspecified date in 2018.
It later on became known that Skrill will also stop processing deposits from Brazilian players to online gambling websites.Under the country’s long-standing gambling laws, most gambling services, Internet gaming and betting included, are illegal.
The government of Brazil needs to authorize the construction of a certain number of casino resorts across the country in order to boost its tourism, Federal Deputy Paulo Azi said on Wednesday.5 million tourists in 2017, or nearly half the number of people who visited Singapore last year.
Major casino operator Las Vegas Sands has been lobbying for the legalization of gambling in Brazil in a manner similar to other jurisdictions the company has been operating in, including Las Vegas, Macau, and Singapore.And it can be said that it was namely Las Vegas Sands that introduced and popularized the integrated resort model and that it has proved particularly profitable for the company over the years.
The Commission held its first meeting of the year on Wednesday, and the gambling legalization bill was the first item for consideration on its agenda.However, their meeting was adjourned before they were able to reach the gambling legalization effort on their agenda.