It may be decided to postpone until October the vote to legalize casinos, bingo, jogo de bicho, and horse racing wagering in Brazil.
The gambling bill may now be postponed until October as a result. This would come after October 6th, the date of the first round of municipal elections.
This possible setback occurs as Brazil's market for igaming and sports betting becomes closer to becoming regulated. The final rules were released by the Ministry of Finance's Secretariat of Prizes and Bets. It is anticipated that on January 1, 2025, Brazil will open for legal wagering.
The gambling bill may now be postponed until October as a result. This would come after October 6th, the date of the first round of municipal elections.
This possible setback occurs as Brazil's market for igaming and sports betting becomes closer to becoming regulated. The final rules were released by the Ministry of Finance's Secretariat of Prizes and Bets. It is anticipated that on January 1, 2025, Brazil will open for legal wagering.