Brazil Legislative Update
Long considered one of the global gambling industry’s sleeping giants, Brazil is now once again attracting attention as a major opportunity for casino and online operators, as well as gambling suppliers.
Facing a severe fiscal crisis, in 2015 leading Brazilian policymakers began to give serious consideration to expanded gambling as a means of raising government revenue while also stimulating economic growth. Experienced market watchers believe the issue is likely to remain high on the political agenda for 2016, with both houses of Brazil’s Congress and several government ministries turning their attention to possible regulatory approaches.
This report offers an introduction to Brazil’s restrictive gambling industry, and highlights factors to watch as a possible major market opening comes under sharp focus in Brazil.
> The Legislative Process
> Next Steps
> Potential Obstacles
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