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SPOILER ALERT!

Brand new bill could remove wagering from Brazil’s privatization program

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awmaker José Guimarães (PT-CE), who brought the Projeto de Decreto Legislativo (PDL) 375/20 before the Holding chamber of Deputies —the Best Congress’ lower house— said this privatization would impact those social groups which depend upon the funds from gamble made in lotteries operated simply by the Caixa Econômica Fed —a government-owned financial institution—, as well as the funds allocated to cultural security and even public protection. In 2019, Caixa added about BRL 6. two M (USD 1. 19 M) for you to welfare packages.

According to Guimarães, the proceeds from fixed-odds sports betting would head out towards the private company of which would work this support.

"What will be 안전놀이터 around putting lotteries from the palms of the private segment? Caixa’s lotteries are beneficial, efficient and their profits result in resources for regions such as schooling, activities, culture, and basic cleanliness, " deputy José Guimarães said.

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It is worthwhile observing that the lottery variant that will end up being privatized was created by the law Lei 13. 756/18, but its operation possesses not started since the guidelines for the legislation's implementation have not recently been released yet.

Fresh bill could remove sports betting from Brazil’s privatization program

L
awmaker José Guimarães (PT-CE), who brought the Projeto de Decreto Legislativo (PDL) 375/20 before the Holding chamber of Deputies —the Best Congress’ lower house— said this privatization would impact those social groups which depend upon the funds from gamble made in lotteries operated simply by the Caixa Econômica Fed —a government-owned financial institution—, as well as the funds allocated to cultural security and even public protection. In 2019, Caixa added about BRL 6. two M (USD 1. 19 M) for you to welfare packages.

According to Guimarães, the proceeds from fixed-odds sports betting would head out towards the private company of which would work this support.

"What will be 안전놀이터 around putting lotteries from the palms of the private segment? Caixa’s lotteries are beneficial, efficient and their profits result in resources for regions such as schooling, activities, culture, and basic cleanliness, " deputy José Guimarães said.

image
It is worthwhile observing that the lottery variant that will end up being privatized was created by the law Lei 13. 756/18, but its operation possesses not started since the guidelines for the legislation's implementation have not recently been released yet.