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High Hopes For Brazil Online Gambling
HOPES HIGH FOR BRAZIL LEGALISATION
Gambling reform bill expected in the national House.
Brazilian media reports this week have triggered hopes for online gambling legalisation in the vast South American nation, with the expectation that within the next week the national House will see a new gaming reform bill (PL442/1991) featuring the genre, although it may take some time to pass.
A Senate committee in April passed legislation PLS 186/2014 that would authorise a general land gambling expansion which includes online gambling, and this is currently awaiting further debate and possibly a vote on the Senate floor.
Eilers Research, an independent industry monitor, predicted in an April 2016 report that: “This year’s expansion proposal has the best odds of passing in over a decade due to the current state of the Brazilian economy and desperate need for additional tax revenue combined with growing political support.”
A spokesman for BetConsult - a local consultant to the Brazilian industry - is also optimistic, and says the demand for gambling in Brazil is "huge".
He estimated legal betting is already a 14.2 billion real ($4.2 billion) business, primarily from state lotteries, while illegal gambling totals close to 20 billion reais per year, with an estimated 200,000 Brazilians gambling abroad every month.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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