Lawmakers and politicians in Latin America’s biggest country Brazil are pushing for the legalization of gambling and casinos.
Recently, senator Ciro Nogueira met with Economy Minister Paulo Guedes and spoke about the benefits of the regulated gambling market. Senator Noguiera has been vocal about legalizing gambling and casinos in the country.
Rio de Janeiro’s Mayor, Marcelo Crivella said: “We are fighting now so that the Brazilian [National] Congress will allow us to have casinos here, something that the modern world already enjoys and that we [also] want to have [here] in Rio.”
“We need people to invest, important people, to work together with us.”
Campaigning for legalizing gambling in Brazil, senator Noguiera said that regulated gambling would bring at least BRL20bn ($5.2bn) in tax revenue.
After his meeting with the Economy Minister Paulo Guedes, he said:“With the regulation of the activity, we could generate more than BRL20bn a year in tax revenue, in addition to more than 600 thousand direct jobs and many other indirect ones, which would be of great help during the time of crisis which our country is currently undergoing.”
Brazilian President Jair Bolsonaro has been against gambling legalization; however, he has said that he would leave it to the legislature to decide on the future of gambling in Brazil.