(Photo: Pavel Danilyuk – Pexels) Although gambling and casinos are not legal in Brazil, it is possible to enjoy gambling normally over the Internet, and the LeoVegas casino is a legal option for playing online, with many types and options. Your entertainment.However, with each passing day, the topic of legalizing gambling in Brazil gains a new chapter, there are many who like the topic and others who don't, against gambling in the country.
At the same time, online casinos continue at full steam, all without breaking the law, since December 2018 it has been possible to play online games while in Brazil, thanks to the bill approved by President Michel Temer at the time.
However, it is worth mentioning that when operating via the Internet in Brazil, the company does not pay fees and taxes in the country, which prevents high fees from being charged.
Those who receive the fee are the company's licensing sites, although there are Brazilian players who play their games over the Internet.
To change this it is necessary to create a law and allow entry into the casino. This is expected to happen in the near future, but the topic still generates divergent opinions.
In fact, the Chamber of Deputies approved the project with legal intent, but the Senate responded by creating a commission for Brazil without games, seeking to ban gambling in the country.
Online gaming and betting create high value Casinos are now operating all over the world, whether physical or online.
According to research by Grand View, a company specializing in business consultancy, the gambling market will grow 11.7% annually until 2030, with forecast revenue of 182 billion US dollars.
A good example of how gambling creates high value is Macau, the only place in China where casinos are legal. In April this year, they recorded their worst performance in recent times, despite having raised US$335 million.
To get an idea of how Brazil can take advantage of this market, federal deputy Herculano Passos (MDB-SP), one of the legal defenders, was interviewed by Poder 360, on YouTube. In an interview, he said that the expectation is of 650 thousand new jobs and R$20 billion in annual income for the country with the possibility of legalizing gambling.
According to him, the idea is to follow the Las Vegas model, where gambling represents 30% of total revenue, in addition to the impact in Macau.
How can legalization happen in Brazil? Based on the bill approved by the Chamber of Deputies, we can have an idea of how the operation could happen in Brazil. First of all, it is important to highlight that the company can enter the country as a casino within the resort, following some rules.
Among them, the limitation of the company according to the size of the population per state. This way, São Paulo will be able to have three units; Rio de Janeiro and Minas Gerais with two each; And other states and the Federal District with one.
Each company must follow the rules, such as having a restaurant, shopping mall, meeting point and luxurious room for accommodation. Fees and taxes are still unknown, but they must follow the company's charging line, and bettors will only have to pay taxes after making a specific profit.
So, here are some points that have been determined, but everything can also be modified. A new step towards the creation of possible legislation should be taken in 2023, after the new management of electoral candidates.