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Zona de Azar Brasil – Brazil: São Paulo Opens Bidding for Lottery Concessions

Brazil- The São Paulo government took a significant step this Tuesday (11) with regard to lottery games. An international tender was announced for the concession of lottery services.

Thus, the Official State Gazette has already published the decree, detailing all the rules for the dispute between interested parties. Many already consider the procedure as a new chapter in the history of betting in the state.

There will be 5 types of bets for the state of São Paulo

Thus, the bidding encompasses five types of bets, each with its own characteristics and attractions. In Timemania, for example, it will allow bettors to choose their favorite teams.

In this type of bet, sports predictions involving the prediction of game scores are taken into account, so the bettor’s sports knowledge will make all the difference.

But the numerical prediction type lottery, similar to those that already exist and are organized by Caixa Econômica Federal, are completely random, giving much more excitement to the games.

Another modality is instant lotteries, also known as scratch cards, where the prizes are immediate.

But this is not São Paulo’s first attempt to privatize these services. In 2022, during the administration of João Doria and Rodrigo Garcia (PSDB), they wrote a similar decree.

Palácio dos Bandeirantes estimated a concession for 20 years at R$906 million. However, the dispute was suspended by the State Audit Court (TCE). The main reason was the existence of restrictive clauses and the lack of clarity in the economic-financial feasibility study.

New project has new text

Now, the project resurfaces with a new text, reflecting the lessons learned from the previous attempt. The concession of lotteries to companies is already a reality in other states.

This Wednesday, Paraná must sign the concession contract for passive lottery and prediction modalities with three winning companies. The signing will take place at B3, the Brazilian Stock Exchange, in São Paulo.

Therefore, this movement by São Paulo is indicative of the growing trend towards privatization of state lottery services. With the promise of greater efficiency and innovation, the change could bring new opportunities for bettors and the state’s economy

Editó : @_fonta www.zonadeazar.com

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Zona de Azar Brazil – Brazil: The Deadline for Online Betting Houses will be the End of 2024
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