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The Brazilian Senate postponed the vote on the gambling regulation bill to December 12 due to a lack of quorum, risking its passage this year. The delay, caused by missing senators attending a summit, could impact the bill's approval and implementation, potentially affecting the 2024 budget if not passed before year-end. Despite industry support, doubts linger about passing the bill before the parliamentary recess, though it promises significant state revenues from licensing fees and taxes.
Source:
www.casinonewsdaily.com
Source:
Brazil Postpones Gambling Regulation Vote for December 12
The Brazilian Senate has decided to postpone the vote on the bill that would regulate the online gambling sector in the country for Tuesday 12 December.