{"id":196,"date":"2024-06-17T21:47:59","date_gmt":"2024-06-17T18:47:59","guid":{"rendered":"https:\/\/sunriseslotsnodepositbonus2024.icu\/2024\/06\/17\/brazil-poised-to-become-a-gaming-powerhouse-as-lawmakers-consider-legalization\/"},"modified":"2024-06-20T17:11:55","modified_gmt":"2024-06-20T14:11:55","slug":"brazil-poised-to-become-a-gaming-powerhouse-as-lawmakers-consider-legalization","status":"publish","type":"post","link":"https:\/\/sunriseslotsnodepositbonus2024.icu\/2024\/06\/17\/brazil-poised-to-become-a-gaming-powerhouse-as-lawmakers-consider-legalization\/","title":{"rendered":"Brazil Poised to Become a Gaming Powerhouse as Lawmakers Consider Legalization"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/5PiLVktrijs\"\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 on the verge of a possible major shift in its stance on gaming. In the coming weeks, the lower house of Parliament will decide on a piece of legislation that could usher in a system of controlled gambling. <\/p>\n<p>This development comes as the Latin American region shows a growing acceptance of legalized betting, with Brazil positioned to become a dominant force. The proposed measure would establish a structure for authorizing, managing, and levying taxes on gaming activities, potentially opening the door for casinos to commence operations as soon as 2018.<\/p>\n<p>There&#8217;s considerable political will driving the bill, with a majority of the lower house&#8217;s representatives, including the nation&#8217;s leader, Michel Temer, expressing their backing.  Large hospitality companies are already setting their sights on the potential profits, indicating a desire to integrate casinos into their properties.<\/p>\n<p>Nevertheless, the bill must still gain approval from the Senate before it can be enacted. <\/p>\n<p>Should it pass, this legislation would reshape Brazil, a country of more than 200 million inhabitants, into a global gaming force.  At present, the unregulated gambling sector flourishes, generating an estimated $6.4 billion each year.  Legalization has the potential to channel these funds into government revenue, creating a profitable new income source. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The South American nation of Brazil is on the verge of a possible major shift in its stance on gaming. In the coming weeks, the [&#8230;]<\/p>\n","protected":false},"author":75,"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>Brazil Flirts with Fortune: Will Gambling Get Lucky?<\/title>\n<meta name=\"description\" content=\"Is Brazil ready to roll the dice on legalized gambling? A landmark decision awaits as Parliament considers a bill that could transform the nation into a gaming powerhouse. 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