SÁB 4 DE MAYO DE 2024 - 09:23hs.
Pedro Trengrouse, professor at FGV

"Jogo do bicho can raise collection by US$ 9.5 billion per year in Brazil"

In an interview on the blog 'Casa das Caldeiras' of ValorInveste, the academic coordinator of the course Getulio Vargas Foundation in Management, Marketing and Law in sport, Pedro Trengrouse, says that the government fails to raise more than US$ 9.5 billion in taxes per year with the diversification of local “jogo do bicho” game in Rio de Janeiro streets. 'Brazil is far from its potential for collecting lottery tickets,' he explains.

The government fails to raise more than US$ 9.5 billion in taxes per year with the diversification of the "jogo do bicho” on the streets of Rio de Janeiro. The estimate is an analysis of the academic coordinator of the Getulio Vargas Foundation course in Management, Marketing and Law in sport, Pedro Trengrouse.

According to Trengrouse, the lack of regulation of the game allows a load of illegal sites of the "jogo do bicho” that generate harm to the Union and the bettors, who have no guarantee that they will receive the prize.

Trengrouse also states that Brazil is far from its collection potential compared to what other countries collect only with lottery tickets. "Brazil is no more than US$ 4 billion, with per capita sales of US$ 18.53, behind Portugal (US$ 228 billion); Uruguay (US$ 40 billion) and Argentina, (US$ 36 billion)," he says.

The FGV professor informs that in addition to football matches, the bicheiros cariocas (the ones that sell "jogo do bicho” in Rio) also accept bets in volleyball games and fights, such as the UFC and reminds that today, in the country, it is prohibited to economically exploit bets on sports results.

Source: GMB / Blog "Casa das Caldeiras" - ValorInveste