Zona de Azar Brasil – Brazil: Celso Sabino Sees Casino Bill as a Boost for Tourism
Brazil.- September 24, 2024 www.zonadeazar.com The bill to legalize casinos in Brazil is seen by the Minister of Tourism, Celso Sabino, as an opportunity to decentralize resorts and boost smaller tourist hubs.
The proposal includes the legalization of bingo halls, casinos, “jogo do bicho” (an illegal lottery game), and horse racing betting. The text was approved by the Senate’s Constitution and Justice Committee (CCJ) with 14 votes in favor and 12 against but is still under discussion.
The project could generate more than R$ 20 billion per year and has attracted interest from international investors. Sabino advocates for strict regulations to prevent gambling addiction.
Objective:
- Decentralization of Resorts: The bill aims to legalize casinos, boosting smaller tourist hubs outside major urban centers.
- Game Modalities: The project covers bingo halls, casinos, “jogo do bicho,” and horse racing betting.
- Initial Approval: Approved by the Senate’s Constitution and Justice Committee with 14 votes to 12.
- Economic Potential: Annual revenue is estimated to exceed R$ 20 billion.
- International Investment: Interest from European, American, Chinese, and Chilean investors.
- Strict Regulation: Casino access control and gambling addiction prevention.
- Government Support: Sabino sees no resistance to the project within the government.
Edited by: @_fonta www.zonadeazar.com
