On Wednesday, October 4, the deadline to submit amendments to Bill 3626, which will regulate sports betting in Brazil, expired. After this date, senators may continue to submit amendments but in their respective committees, with some changes requested by the sector expected to prosper.

A total of 49 amendments have been submitted up to the closing date for their reception, and now the senators of each of the committees (Sports and Economic Affairs) are expected to present new amendments, which will be evaluated by each of them.

Senator Romario (PL-RJ)

In the Senate Sports Committee, Senator Romário (PL-RJ) will be the rapporteur. The proposal, which was approved by the Chamber of Deputies on September 13, will be processed within 45 days and will be examined simultaneously by the CEsp and the Economic Affairs Committee (CAE). After its examination by the thematic committees, the proposal will be submitted to the Senate Plenary and after November 11 it will be blocked in the agenda due to its constitutional urgency.

Among the most recurring themes of the amendments, are a reduction in the taxation of GGR and the value of the Administration Fee, adjustments in the collection of Income Tax from gamblers, and an extension of the concession period with the right to more than one National Registry of Legal Persons (CNPJ) are proposed.

Senator Ciro Nogueira (PP-PI)

One of the most active senators was Ciro Nogueira (PP-PI), who presented three amendments, one of which calls for establishing preference criteria for national companies that operate in the country and meet the legal requirements. He also proposes that the partner or controlling shareholder of an individual operating company or member of a control agreement may not have direct or indirect participation in a soccer joint stock company or professional sports organization, nor act as a manager of a Brazilian sports team.

In addition, the senator for Piauí targeted advertising, seeking that it be prohibited in schools and universities, as well as any type of propaganda in the media, whether physical or virtual, without the warning of the indicative classification of the age group to which it is directed, as established by the Statute on Children and Adolescents.

Senator Styvenson Valentim (Podemos/RN) reinforced this point with an amendment to prohibit the diffusion, in any media, of communication, advertising, and marketing actions that promote the fixed odds lottery.

Despite several warnings from the main industry players about the excessive tax burden, there were amendments that included that it be increased even more, reaching even 20% instead of the 18% stipulated in the original text.

Also, some amendments aimed at eliminating from the bill the possibility for bookmakers to offer online casino games, as was previously included in the bill approved by the Chamber of Deputies.

Original article: https://www.yogonet.com/international/noticias/2023/10/12/69157-brazil-bill-to-regulate-sports-betting-receives-49-amendments-from-senate

LEAVE A REPLY

Please enter your comment!
Please enter your name here