Big operators set eyes on Brazil as the first licensed casinos emerge in the country

Big operators set eyes on Brazil as the first licensed casinos emerge in the country …C0NTINUE READING HERE >>>

Brazil’s gambling landscape has shifted dramatically from a thriving casino culture before 1941 to a complete ban under The Criminal Contravention Act of 1941.

Over the years, only a state-owned lottery and some forms of non-commercial gambling were allowed.

Now, the pressure to legalize gambling finally led to the approval of Bill 14.790 in December 2023, and the PL 2.234/2022 in July 2024, which aims to legalize land-based casinos and bingo houses.

The ongoing legalization process is…

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