The regulation and legalization of casino games and sports betting in Brazil has been long talked about and the process is ongoing. Portugal may be an inspiration for the application of regulation and some Portuguese operators have already shown interest in the Brazilian market. The legalization of games in Brazil is something much awaited and that has been spoken about for several years.Besides having started, still in the hands of Temer, the whole issue of regulation and was also part of the campaign speeches of the current president, Jair Bolsonaro.The role of these games for the economy of the country was one of the points most often mentioned. Believing that, mainly with the regulation of the online market, the taxes with the operators that provide these games could help to improve the country's coffers, the process was then discussed at length and its legal application would begin for now.
In fact, at the end of 2021, the forecast was that Brazil would still have legal online casino games and sports betting. At this moment, the process seems to be stopped but the idea of regulating the activity remains and Portugal is an inspiration for it. Find out why.
The gambling legalization process in BrazilThroughout 2021 much has been said about the legalization of casino games, online casino and sports betting. At issue were the issues of security and some discomfort, by some elements of the state, about how legalization could have harmful effects on the Brazilian population.After some of the points in the regulation of the activity were decided and were put to public discussion and contestation, however, everything made it predictable that 2021 would be the year of application of new laws for this activity.The recent appearance of the coronavirus pandemic was responsible for the delay in the process, since legislators are now focusing their attention on public support and health in the country.
How Portugal influenced this processThePortuguese case has already been for some years, with the country legalizing the digital activity of gambling and sports betting in 2021.Since then, to act legally in Portugal, companies need to have a license, issued by the local regulator - Serviço de Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ) - to comply with the rules stipulated in the regulation and pay the due taxes to the state.
Among the duties of these operators is the guarantee of transparency and the safety of the users of the sites.The results obtained with this change were very positive for the Portuguese economy and the search for legal options of gambling was visible.At this moment, at least two Portuguese operators have already shown interest in entering the regulated market in Brazil, when the time comes: Bet.pt and Estoril Sol. These companies intend to expand their activity to Brazilian soil when the activity is regulated in the country.