Brazil’s online gambling law is one step closer to reality following a favorable vote by a Senate committee.
On Wednesday, the Senate’s Special Committee on National Development approved the text of the 186/2014 legislation, which aims to set up a legal structure that would permit sports betting, “electronic bets,” land-based casinos, bingo halls, horseracing and the popular but currently illegal ‘jogo do bicho’ animal game lottery.
The bill will now face a vote by the full Senate at some as yet to be determined date. If approved, it will be sent to the lower house Chamber of Deputies, which on Wednesday was supposed to hold a debate on its own gaming bill 442/1991 but this session was canceled due to a lack of a quorum. The next scheduled Chamber sessions are on November 16 and 17.
While the latest draft of 186/2014 still doesn’t specify exactly what forms of online gambling will be permitted, it does specify that national lottery operator Caixa Economica Federal and its subsidiaries would have exclusive right to offer online sports betting.