Gambling bill approved by Brazil Senate committee_1

After postponing the vote on a new draft of its gambling bill last month, another step has been taken by Brazil towards launching a regulated online gambling market, with the approval of SB 186/2014.

The Special Committee on National Development (CEDN) approved the language of the bill on Wednesday, November 9, according to CalvinAyre. Included in the bill’s vision for an overhaul of Brazil’s gambling market is the introduction of casinos, as well as video lottery terminals, and other options such as bingo, online sports betting, and casino products. While gambling is illegal in Brazil, a popular lottery-type drawing called “Jogo do Bicho” or “Animal Game,” is played in underground operations in 25 states, including Rio de Janeiro. The game has been outlawed by federal law since 1946, with the exception of the state of Paraiba, where it is legal and regulated.

The original version of 186/2014 (pdf) had already been approved in December 2015 by CDEN. However, 16 amendments were proposed by senators. Among other changes, the amended legislation specifies that a minimum of 40 percent of the brick-and-mortar casinos be built in the Central, Northeast, and North regions to provide a boost to their economies. The latest draft also gives exclusivity to offer online sports betting to national lottery operator Caixa Economica Federal, along with its subsidiaries, as reported by the news agency.

The full Senate will need to approve the bill at which time it would make its way to the lower house of Chamber of Deputies. A lack of quorum prevented 442/1991, the Chamber’ own gaming bill, from its scheduled debate last week. This Wednesday and Thursday are the next scheduled Chamber sessions, according to the report.คำพูดจาก สล็อตเว็บตรง

In August, gaming and leisure industry consultant Innovation Group announced that it was in the process of developing a national gaming forecast model for Brazil. The United Kingdom-based company said at the time that it was working in partnership with government officials to among other things, address regulatory parameters in preparation for the proposed gaming opportunities.

The financially struggling South American government estimates that once the bill is approved annual tax revenue of $4.15 billion could be earned. It is estimated by the president of the Brazilian Institute of Gaming that in order to gamble up to 200,000 Brazilians travel outside of the country each month and that Brazilian nationals comprise 70% of the gamblers in Uruguayan casinos.

$2.31 million-plus wagered on Super Bowl LIV via New Hampshire’s new online sports betting program

Sports fans in the Granite State placed more than $2.31 million in wagers on Super Bowl LIV on Sunday, in what was the New Hampshire Lottery’s very first month of sports betting.

According to a Monday news report, upwards of 34,800 registered users in the state have bet more than $20.8 million since mobile and online sports betting was launched by the state’s Lottery and DraftKings on December 30, 2019.

Winning bid:

Beating out 13 other proposals, on November 25, 2019, the Boston-based global sports technology and entertainment company was selected via competitive bidding process, becoming the exclusive digital operator for the New England state.

Commenting on the results, Repคำพูดจาก เว็บสล็อตเว็บตรง. Governor Chris Sununu, stated in the press release…

…“The Super Bowl was the perfect culmination to the first month of sports betting in New Hampshire. The $2.31 million in total Super Bowl wagers speaks directly to why I pushed so hard to get this up and running in time for the NFL playoffs. In just over one month, we have positioned ourselves as an industry leader and New England’s go-to destination for sports betting. Next up: March Madness!”

Education dollars:

In its inaugural month, sports betting in the northeastern US state generated over $1.2 million in net profit for education in New Hampshire, according to the news report.

“When we launched sports betting just over a month ago, we were introducing our players to a completely new way to win. Clearly, it has not taken long for sports fans to embrace the excitement of sports betting here in the Granite State,” said the Lottery‘s executive director, Charlie McIntyre.

“We are extremely pleased with the results from our first Super Bowl and our first month overall of sports betting, and we look forward to continuing to build on this success as we engage more and more players, McIntyre added.”

Sports betting landscape:

Since the Supreme Court struck down the federal ban on sports betting, currently, 13 states have legal regulated sports betting, with Colorado, Illinois, Michigan, Montana, North Carolina and Tennessee, all close.

Colorado entry:

In related news, DraftKings recently announced a new market access partnership with Twin River Worldwide Holdings, Inc. (TRWH:NYSE), allowing it to offer sports fans in Colorado its sportsbook product via mobile, online and a retail betting operation.

The two separate deals with the Boston firm and New York City-based FanDuel, make the latter platform now available in five states, including Pennsylvania, New Jersey, Indiana, West Virginia and Colorado, while the former is currently available in the same plus one, New Hampshire.

AGA report:

Based on a survey conducted by market research company Morning Consult, the American Gaming Association estimated in a January 28 press release that Americans would wager approximately $6.8 billion on the NFL championship game between the Kansas City Chiefs and San Francisco 49ers.