Brazil’s president has signed his country’s sports betting legislation into law, leaving international gambling operators salivating like rabid dogs at the country’s border.

On Wednesday, Brazil’s outgoing President Michel Temer formally put his John Hancock on Provisional Measure 846/2018, a piece of legislation primarily focused on a revised distribution of the nation’s lottery proceeds, but which also includes language authorizing online and land-based fixed odds sports betting for the first time in the country’s history.

Temer, who is only president for another three weeks, was accompanied at the signing ceremony by the ministers of sports, culture, public security and human rights, departments that stand to get a cut of the government’s new gaming revenue. Temer called the event “a brilliant afternoon for public safety, culture, sports and, above all, the Brazilian people.”

PM 846 was approved in astonishingly swift fashion, having been approved by a Chamber of Deputies committee in the first week of November, then passed by both the full Chamber and the Senate in back-to-back sessions less than two weeks later.