{"id":95,"date":"2024-06-13T23:22:27","date_gmt":"2024-06-13T20:22:27","guid":{"rendered":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/"},"modified":"2024-06-17T13:21:33","modified_gmt":"2024-06-17T10:21:33","slug":"brazilian-sports-betting-an-update-on-regulation-and-licensing","status":"publish","type":"post","link":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/","title":{"rendered":"Brazilian Sports Betting: An Update on Regulation and Licensing"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/BHUT3X_g1GU\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Wagering on athletic events in Brazil is anticipated to be governed by the final quarter of 2019. <\/p>\n<p>A Gambling Insider representative conversed with Marcelo Munhoz da Rocha, a legal advisor at BetConsult, to obtain the most recent updates on the progression of Brazilian sports wagering laws.<\/p>\n<p>Da Rocha detailed the present condition of sports betting legislation in Brazil. In December 2018, Brazil ratified Law No. 13,756\/2018, which decriminalized fixed-odds sports wagering operations. This updated law acknowledges the practice as lawful and categorizes it as a lottery-style game.<\/p>\n<p>Although now lawful, fixed-odds sports betting is not yet overseen. To guarantee the most effective regulatory structure, the national government, through the Ministry of Finance, initiated a public dialogue in August. The objective was to collect feedback from the gaming sector, concentrating on taxation and permit structures.<\/p>\n<p>Based on the responses obtained, a draft regulatory order has been released. It suggests that fixed-odds sports betting function within an open market setting, utilizing an authorization licensing system. Consequently, interested businesses or partnerships would need to fulfill specific legal benchmarks to acquire a license. <\/p>\n<p>Nevertheless, the order is not without imperfections and is not the definitive edition. A supplemental order is projected to be disseminated, and for that purpose, the Ministry of Finance has commenced a fresh cycle of public discourse, concluding on September 27th. <\/p>\n<p>The recently released ordinance is anticipated to offer transparency regarding permit charges, durations of validity, and additional particulars like levies and other accumulations. <\/p>\n<p>**What is the projected cost of the permit charge?**<\/p>\n<p>Although an official declaration hasn&#8217;t been made as this wasn&#8217;t the primary emphasis of the initial regulatory ordinance, the permit charge is projected to be approximately R$3 million (US$723,150).  This figure is still awaiting verification in subsequent regulatory ordinances.<\/p>\n<p>**Will this present a hurdle for providers, or is it attainable?**<\/p>\n<p>Given that this will function as a licensing framework, remitting R$3 million to conduct business legitimately within a regulated setting in Brazil will likely be an advantageous arrangement for providers and investment entities.<\/p>\n<p>**What shifts have occurred in the public&#8217;s understanding of sports wagering?**<\/p>\n<p>The illicit or unregulated sector for sports wagering is already substantial and boasts a considerable user base in Brazil. Legalization and regulation will bring to the forefront an activity already ingrained in the routines of Brazilian sports enthusiasts, transforming it into a taxable pursuit.<\/p>\n<p>Influential media organizations that previously opposed legalization have now modified their stance on the matter.  Currently, it&#8217;s commonplace to encounter promotions connected to sports wagering on television and through other media channels.<\/p>\n<p>**When can sports wagering activities potentially commence in Brazil?**<\/p>\n<p>Projections suggest that the regulatory process should conclude by the final quarter of 2019, with the licensing procedure initiating shortly thereafter. <\/p>\n<p>Wagering on athletic events is poised to be legalized in Brazil, though some obstacles remain.  Legislation has been passed, but the administration is still finalizing particulars such as licensing for operators and the framework for oversight.  Additionally, existing statutes from 2018 may require adjustments to address matters like the disposition of uncollected prizes. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wagering on athletic events in Brazil is anticipated to be governed by the final quarter&#8230;<\/p>\n","protected":false},"author":86,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Brazilian Sports Betting Update: Insights from BetConsult<\/title>\n<meta name=\"description\" content=\"Get the latest news on the future of sports betting in Brazil. Our expert interview with BetConsult\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brazilian Sports Betting: An Update on Regulation and Licensing\" \/>\n<meta property=\"og:description\" content=\"Get the latest news on the future of sports betting in Brazil. Our expert interview with BetConsult\" \/>\n<meta property=\"og:url\" content=\"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/\" \/>\n<meta property=\"og:site_name\" content=\"Discover the Secrets of Casino Mastery | Tips &amp; Licensed Games\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T20:22:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:21:33+00:00\" \/>\n<meta name=\"author\" content=\"Autumn &quot;Amber&quot; Gallagher\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Autumn &quot;Amber&quot; Gallagher\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/\",\"url\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/\",\"name\":\"Brazilian Sports Betting Update: Insights from BetConsult\",\"isPartOf\":{\"@id\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-13T20:22:27+00:00\",\"dateModified\":\"2024-06-17T10:21:33+00:00\",\"author\":{\"@id\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/#\/schema\/person\/580d78321a973dfc7afde6a8d77ca223\"},\"description\":\"Get the latest news on the future of sports betting in Brazil. Our expert interview with BetConsult\",\"breadcrumb\":{\"@id\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Brazilian Sports Betting: An Update on Regulation and Licensing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/\",\"name\":\"Discover the Secrets of Casino Mastery | Tips &amp; Licensed Games\",\"description\":\"Stay informed and elevate your gambling experience with our fresh casino news, in-depth reviews, and expert articles. Discover a world of exciting opportunities at our licensed casino.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/#\/schema\/person\/580d78321a973dfc7afde6a8d77ca223\",\"name\":\"Autumn \\\"Amber\\\" Gallagher\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-content\/uploads\/sites\/89\/2024\/06\/woman-avatar-96x96.png\",\"contentUrl\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-content\/uploads\/sites\/89\/2024\/06\/woman-avatar-96x96.png\",\"caption\":\"Autumn \\\"Amber\\\" Gallagher\"},\"description\":\"Holding a Ph.D. in Mathematical Epidemiology and a Master's in Public Health, this accomplished author has a deep understanding of the epidemiological and public health dimensions of gambling and their role in shaping the health and well-being of individuals and communities. They have expertise in stochastic modeling, epidemiological methods, and public health policy, which they apply to the analysis of the prevalence and incidence of gambling-related disorders and the development of strategies to prevent and control the spread of problem gambling. Their articles and reviews provide readers with an epidemiological perspective on the casino industry and the strategies used to promote public health and safety in gambling environments.\",\"url\":\"https:\/\/slotsgardennodepositbonuscodes.icu\/author\/dvcbvcr12345\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Brazilian Sports Betting Update: Insights from BetConsult","description":"Get the latest news on the future of sports betting in Brazil. Our expert interview with BetConsult","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/","og_locale":"en_GB","og_type":"article","og_title":"Brazilian Sports Betting: An Update on Regulation and Licensing","og_description":"Get the latest news on the future of sports betting in Brazil. Our expert interview with BetConsult","og_url":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/","og_site_name":"Discover the Secrets of Casino Mastery | Tips &amp; Licensed Games","article_published_time":"2024-06-13T20:22:27+00:00","article_modified_time":"2024-06-17T10:21:33+00:00","author":"Autumn \"Amber\" Gallagher","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Autumn \"Amber\" Gallagher","Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/","url":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/","name":"Brazilian Sports Betting Update: Insights from BetConsult","isPartOf":{"@id":"https:\/\/slotsgardennodepositbonuscodes.icu\/#website"},"datePublished":"2024-06-13T20:22:27+00:00","dateModified":"2024-06-17T10:21:33+00:00","author":{"@id":"https:\/\/slotsgardennodepositbonuscodes.icu\/#\/schema\/person\/580d78321a973dfc7afde6a8d77ca223"},"description":"Get the latest news on the future of sports betting in Brazil. Our expert interview with BetConsult","breadcrumb":{"@id":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/13\/brazilian-sports-betting-an-update-on-regulation-and-licensing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/slotsgardennodepositbonuscodes.icu\/"},{"@type":"ListItem","position":2,"name":"Brazilian Sports Betting: An Update on Regulation and Licensing"}]},{"@type":"WebSite","@id":"https:\/\/slotsgardennodepositbonuscodes.icu\/#website","url":"https:\/\/slotsgardennodepositbonuscodes.icu\/","name":"Discover the Secrets of Casino Mastery | Tips &amp; Licensed Games","description":"Stay informed and elevate your gambling experience with our fresh casino news, in-depth reviews, and expert articles. Discover a world of exciting opportunities at our licensed casino.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/slotsgardennodepositbonuscodes.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/slotsgardennodepositbonuscodes.icu\/#\/schema\/person\/580d78321a973dfc7afde6a8d77ca223","name":"Autumn \"Amber\" Gallagher","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/slotsgardennodepositbonuscodes.icu\/#\/schema\/person\/image\/","url":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-content\/uploads\/sites\/89\/2024\/06\/woman-avatar-96x96.png","contentUrl":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-content\/uploads\/sites\/89\/2024\/06\/woman-avatar-96x96.png","caption":"Autumn \"Amber\" Gallagher"},"description":"Holding a Ph.D. in Mathematical Epidemiology and a Master's in Public Health, this accomplished author has a deep understanding of the epidemiological and public health dimensions of gambling and their role in shaping the health and well-being of individuals and communities. They have expertise in stochastic modeling, epidemiological methods, and public health policy, which they apply to the analysis of the prevalence and incidence of gambling-related disorders and the development of strategies to prevent and control the spread of problem gambling. Their articles and reviews provide readers with an epidemiological perspective on the casino industry and the strategies used to promote public health and safety in gambling environments.","url":"https:\/\/slotsgardennodepositbonuscodes.icu\/author\/dvcbvcr12345\/"}]}},"_links":{"self":[{"href":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/95"}],"collection":[{"href":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-json\/wp\/v2\/users\/86"}],"replies":[{"embeddable":true,"href":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-json\/wp\/v2\/comments?post=95"}],"version-history":[{"count":1,"href":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/95\/revisions"}],"predecessor-version":[{"id":122,"href":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/95\/revisions\/122"}],"wp:attachment":[{"href":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-json\/wp\/v2\/media?parent=95"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-json\/wp\/v2\/categories?post=95"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/slotsgardennodepositbonuscodes.icu\/wp-json\/wp\/v2\/tags?post=95"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}