As two separate gambling bills advance in Brazil's Congress, GamblingCompliance's latest Brazil Legislative Update provides an analysis of the latest proposals and how they differ and projects how gambling legislation will take shape as the debate continues to move forward.
The report finds that a major opening of Brazil's gambling market remains on track to become a reality as political leaders confront a stark economic crisis. But there is also a lack of consensus on what forms of gambling should be included in a final bill, clouding the scope of the opportunity for casino operators, gaming machine suppliers and online gambling companies.
Since 2015, GamblingCompliance has been closely monitoring the legislative work of special committees assigned to develop gambling regulatory proposals on behalf of Brazil's Senate and Chamber of Deputies.
With a Portuguese-speaking team that includes Brazil-qualified lawyers, we are uniquely positioned to analyse potential regulatory scenarios and assess the feasibility of specific market-entry opportunities for companies and investors interested in Brazil.
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