President of the Brazilian Senate, Rodrigo Pacheco, hopes that shortly after the country’s 2022 elections, he can put to vote the Bill that legalises casinos and other forms of gambling in Brazil.
Already approved by the Chamber of Deputies, the draft Bill provides that casinos will only be allowed to operate within integrated resorts – tourist destinations that bring together hotels, theatres, concert halls, convention centres, sports gymnasia and retail outlets.
The majority of Brazilian will only be allowed one casino resorts. However, Rio de Janeiro and Minas Gerais will be entitled to two casinos since they have over 15 million inhabitants and São Paulo, with more than 35 million, will be entitled to three complexes.
The President of the Republic, Jair Bolsonaro, has stated that he will veto legalisation, if the project is also approved in the Senate and proceeds to full sanction, he will veto legalisation.
However, Deputy Bacelar, the appointed ‘rapporteur’ of the proposed Bill, says: “Brazil can no longer live with the illegality of games. The country loses a lot from this situation, without collecting taxes and without formalising thousands of jobs”.