{"id":45,"date":"2024-06-12T06:26:43","date_gmt":"2024-06-12T03:26:43","guid":{"rendered":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/"},"modified":"2024-06-17T13:05:42","modified_gmt":"2024-06-17T10:05:42","slug":"brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling","status":"publish","type":"post","link":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/","title":{"rendered":"Brazil Poised to Legalize Sports Betting: A New Era for Gambling?"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/RJDZNC4mG3I\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The South American nation of Brazil is nearing the legalization of wagering on sporting events, a development that has industry experts enthusiastic. <\/p>\n<p>BetConsult legal advisor Marcelo Munhoz Larrosa recently indicated to Gambling Insider that the prospects for legal sports betting in Brazil appear very promising.<\/p>\n<p>Larrosa noted that following the Chamber of Deputies and Presidential approval of Provisional Measure 846\/2018, there&#8217;s a palpable sense of hope surrounding the legitimization of fixed-odds sports wagers. The Brazilian populace seems largely receptive, and the Ministry of Finance projects that games of chance, encompassing sports betting, could generate approximately R$30 billion (US$7.7 billion) in government revenue.  Although former President Michel Temer granted the approval, it is anticipated that new President Jair Bolsonaro and his Minister of Justice, Sergio Moro, will maintain its momentum.<\/p>\n<p>With all stakeholders seemingly in agreement, Larrosa believes it&#8217;s practically a certainty. His focus has already shifted to future implications and the potential for this to pave the way for other forms of gambling within Brazil.<\/p>\n<p>&#8220;Positive indicators suggest that the incoming Federal Government intends to embrace a more permissive approach to the management of the Brazilian economy,&#8221; Larrosa stated. <\/p>\n<p>As Brazil considers broadening legal gambling to encompass activities like bingo, internet-based sports wagering, and casinos, it encounters substantial resistance from faith-based organizations that wield considerable influence within the current government. This was apparent in March when Senate Bill 186\/2014, intended to authorize these gambling forms, was rejected by a Senate Committee. Despite attracting attention from both national and global operators, the legislation was defeated by a vote of 13 to 2.<\/p>\n<p>While the trajectory of gambling legalization in Brazil remains uncertain, specialists like Darocha suggest that some favorable progress might occur before 2019. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The South American nation of Brazil is nearing the legalization of wagering on sporting events, a development that has industry experts enthusiastic. BetConsult legal advisor Marcelo Munhoz Larrosa recently indicated to Gambling Insider that the prospects for legal sports betting in Brazil appear very promising. Larrosa noted that following the Chamber of Deputies and Presidential [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"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>Brazil Sports Betting: Is It Legal Yet? Get the Latest<\/title>\n<meta name=\"description\" content=\"Brazil is on the verge of legalizing sports betting! \ud83c\udde7\ud83c\uddf7 We have the latest updates on Provisional Measure 846\/2018 and expert insights from Marcelo Munhoz Larrosa. Is Brazil ready to play ball? Find out now!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brazil Poised to Legalize Sports Betting: A New Era for Gambling?\" \/>\n<meta property=\"og:description\" content=\"Brazil is on the verge of legalizing sports betting! \ud83c\udde7\ud83c\uddf7 We have the latest updates on Provisional Measure 846\/2018 and expert insights from Marcelo Munhoz Larrosa. Is Brazil ready to play ball? Find out now!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/\" \/>\n<meta property=\"og:site_name\" content=\"Join the Ultimate Online Casino Adventure | Licensed &amp; Secure\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-12T03:26:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:05:42+00:00\" \/>\n<meta name=\"author\" content=\"Grace &quot;Gypsy&quot; Campbell\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Grace &quot;Gypsy&quot; Campbell\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/\",\"url\":\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/\",\"name\":\"Brazil Sports Betting: Is It Legal Yet? Get the Latest\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoleobonuscode.icu\/#website\"},\"datePublished\":\"2024-06-12T03:26:43+00:00\",\"dateModified\":\"2024-06-17T10:05:42+00:00\",\"author\":{\"@id\":\"https:\/\/cryptoleobonuscode.icu\/#\/schema\/person\/56a9df7c306613134de8e4e29f6e2d92\"},\"description\":\"Brazil is on the verge of legalizing sports betting! \ud83c\udde7\ud83c\uddf7 We have the latest updates on Provisional Measure 846\/2018 and expert insights from Marcelo Munhoz Larrosa. Is Brazil ready to play ball? Find out now!\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/cryptoleobonuscode.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Brazil Poised to Legalize Sports Betting: A New Era for Gambling?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoleobonuscode.icu\/#website\",\"url\":\"https:\/\/cryptoleobonuscode.icu\/\",\"name\":\"Join the Ultimate Online Casino Adventure | Licensed &amp; Secure\",\"description\":\"Discover the latest trends and opportunities in online gambling with our fresh casino news, in-depth game reviews, and informative insights. Our licensed casino is your go-to destination.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptoleobonuscode.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoleobonuscode.icu\/#\/schema\/person\/56a9df7c306613134de8e4e29f6e2d92\",\"name\":\"Grace \\\"Gypsy\\\" Campbell\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/cryptoleobonuscode.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoleobonuscode.icu\/wp-content\/uploads\/sites\/40\/2024\/06\/woman-avatar-96x96.png\",\"contentUrl\":\"https:\/\/cryptoleobonuscode.icu\/wp-content\/uploads\/sites\/40\/2024\/06\/woman-avatar-96x96.png\",\"caption\":\"Grace \\\"Gypsy\\\" Campbell\"},\"description\":\"This versatile author holds a Master's degree in Applied Mathematics and a Bachelor's in Environmental Science. They have a strong foundation in mathematical modeling, sustainability analysis, and environmental impact assessment, which they apply to the study of the environmental footprint of casino operations and the strategies used to promote sustainable gambling practices. Their articles and reviews provide readers with a unique perspective on the role of casinos in promoting environmental sustainability and the strategies used to reduce waste, conserve resources, and mitigate climate impact.\",\"url\":\"https:\/\/cryptoleobonuscode.icu\/author\/weryfdhh\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Brazil Sports Betting: Is It Legal Yet? Get the Latest","description":"Brazil is on the verge of legalizing sports betting! \ud83c\udde7\ud83c\uddf7 We have the latest updates on Provisional Measure 846\/2018 and expert insights from Marcelo Munhoz Larrosa. Is Brazil ready to play ball? Find out now!","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:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/","og_locale":"en_GB","og_type":"article","og_title":"Brazil Poised to Legalize Sports Betting: A New Era for Gambling?","og_description":"Brazil is on the verge of legalizing sports betting! \ud83c\udde7\ud83c\uddf7 We have the latest updates on Provisional Measure 846\/2018 and expert insights from Marcelo Munhoz Larrosa. Is Brazil ready to play ball? Find out now!","og_url":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/","og_site_name":"Join the Ultimate Online Casino Adventure | Licensed &amp; Secure","article_published_time":"2024-06-12T03:26:43+00:00","article_modified_time":"2024-06-17T10:05:42+00:00","author":"Grace \"Gypsy\" Campbell","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Grace \"Gypsy\" Campbell","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/","url":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/","name":"Brazil Sports Betting: Is It Legal Yet? Get the Latest","isPartOf":{"@id":"https:\/\/cryptoleobonuscode.icu\/#website"},"datePublished":"2024-06-12T03:26:43+00:00","dateModified":"2024-06-17T10:05:42+00:00","author":{"@id":"https:\/\/cryptoleobonuscode.icu\/#\/schema\/person\/56a9df7c306613134de8e4e29f6e2d92"},"description":"Brazil is on the verge of legalizing sports betting! \ud83c\udde7\ud83c\uddf7 We have the latest updates on Provisional Measure 846\/2018 and expert insights from Marcelo Munhoz Larrosa. Is Brazil ready to play ball? Find out now!","breadcrumb":{"@id":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoleobonuscode.icu\/2024\/06\/12\/brazil-poised-to-legalize-sports-betting-a-new-era-for-gambling\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/cryptoleobonuscode.icu\/"},{"@type":"ListItem","position":2,"name":"Brazil Poised to Legalize Sports Betting: A New Era for Gambling?"}]},{"@type":"WebSite","@id":"https:\/\/cryptoleobonuscode.icu\/#website","url":"https:\/\/cryptoleobonuscode.icu\/","name":"Join the Ultimate Online Casino Adventure | Licensed &amp; Secure","description":"Discover the latest trends and opportunities in online gambling with our fresh casino news, in-depth game reviews, and informative insights. Our licensed casino is your go-to destination.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptoleobonuscode.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/cryptoleobonuscode.icu\/#\/schema\/person\/56a9df7c306613134de8e4e29f6e2d92","name":"Grace \"Gypsy\" Campbell","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/cryptoleobonuscode.icu\/#\/schema\/person\/image\/","url":"https:\/\/cryptoleobonuscode.icu\/wp-content\/uploads\/sites\/40\/2024\/06\/woman-avatar-96x96.png","contentUrl":"https:\/\/cryptoleobonuscode.icu\/wp-content\/uploads\/sites\/40\/2024\/06\/woman-avatar-96x96.png","caption":"Grace \"Gypsy\" Campbell"},"description":"This versatile author holds a Master's degree in Applied Mathematics and a Bachelor's in Environmental Science. They have a strong foundation in mathematical modeling, sustainability analysis, and environmental impact assessment, which they apply to the study of the environmental footprint of casino operations and the strategies used to promote sustainable gambling practices. Their articles and reviews provide readers with a unique perspective on the role of casinos in promoting environmental sustainability and the strategies used to reduce waste, conserve resources, and mitigate climate impact.","url":"https:\/\/cryptoleobonuscode.icu\/author\/weryfdhh\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoleobonuscode.icu\/wp-json\/wp\/v2\/posts\/45"}],"collection":[{"href":"https:\/\/cryptoleobonuscode.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoleobonuscode.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoleobonuscode.icu\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoleobonuscode.icu\/wp-json\/wp\/v2\/comments?post=45"}],"version-history":[{"count":1,"href":"https:\/\/cryptoleobonuscode.icu\/wp-json\/wp\/v2\/posts\/45\/revisions"}],"predecessor-version":[{"id":50,"href":"https:\/\/cryptoleobonuscode.icu\/wp-json\/wp\/v2\/posts\/45\/revisions\/50"}],"wp:attachment":[{"href":"https:\/\/cryptoleobonuscode.icu\/wp-json\/wp\/v2\/media?parent=45"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoleobonuscode.icu\/wp-json\/wp\/v2\/categories?post=45"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoleobonuscode.icu\/wp-json\/wp\/v2\/tags?post=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}