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Brazil Gambling Bill SB 186/2014

Sunday March 13,2016 : MORE AMENDMENTS TO BRAZIL GAMBLING BILL (Update)
 
But measure SB 186/2014 progresses and has more detail.
 
Brazil's march towards a new gambling regulatory regime that embraces online gambling is a slow one, but this week further progress has been made, albeit only at the committee stage in the House of Representatives.
 
InfoPowa readers may recall that SB 186/2014 deals with major changes to the nation's gambling laws in order to accept regulated casino, sports betting and online gambling. The bill was actually approved by the Special Committee on National Development last December, but was submitted to further debate and a total of 16 new amendments more recently.
 
This week it was re-approved by the committee and has emerged with a little more detail.
 
Key among the bill's provisions are proposals on the rate of taxation, and in the case of online gambling these are hardly good news, with a 20 percent tax on GGR - twice that proposed for land casino companies. Brazilian lawmakers feel that such a disparity is justified, given that brick and mortar casino companies face considerably higher start-up and running costs.
 
Most of the amendments concern the land gambling provisions of the bill, where it has been proposed that licensees will be granted 30-year licenses and must have a physical presence in the country, but there is no indication at present of how much in initial fees they will be required to pay.
 
There are preventative and severe punitive measures for illegal operators once the bill has been implemented, and these include blocking illegal financial transactions by Brazil's central bank and financial institutions, and jail terms for transgressors.
 
Individual Brazilian provinces will be allowed up to three land casinos each, with gambling facilities not to exceed 10 percent of the overall footprint of the hotel or resort applying for licensing.
 
Progress on the full content of the bill has been slow, and there is little to suggest that it will accelerate...but at least there is movement.
 
http://www.azarplus.com/fotos/file/texto_aprobado_brasil.pdf

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Gambling News :

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

Microgaming is set to release three exciting new games in March - Pollen Party will literally have players buzzing with excitement as the ground-breaking, 720 way variable reel online slot is brought to life in a unique honeycomb reel layout.

NBA Odds: Resurgent Clippers Face Warriors in Oakland - After a much-needed lineup shuffle, the Los Angeles Clippers (29-27 SU, 35-21 ATS) carry a four-game SU and ATS winning streak into Thursday’s game against the best team in the NBA, the Golden State Warriors (47-9 SU, 27-27-2 ATS). Tip-off is at 10:30 PM ET on TNT.

NBA Odds: New-Look Pelicans Host Rockets on Thursday - The New Orleans Pelicans just hosted the All-Star Game and saw their very own Anthony Davis win the MVP. But the celebration was brief because the next day, the Pelicans made a huge trade,

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republic’s new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

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