This laid the foundation for broader gambling regulations in the country. In 2018 the Federal Senate passed Federal Law No 13,756/18, a move aimed at regulating fixed-odds sports betting.
With the explosion of the internet and iGaming, it could have been predicted that Brazil would have to make a decision soon on bringing gambling into the regulated market.ĭespite a 2010 attempt to ban online gambling, an outright prohibition has never succeeded. A blanket ban on land-based gambling in 1946 exemplified the government's attitude toward the industry. The road to introducing legal online casinos and gambling in Brazil has been a journey marked by challenges and progress. Brazil’s Path To Legalizing Casinos And Gambling This landmark decision could reshape the country’s entertainment landscape and its financial prospects. The lower house of the government approved an online gambling bill which contained both online casino and sports betting. Brazil is on the brink of a significant milestone after the possibility of legalization of online casinos and gambling happened this week.
