The US
casino group Hard Rock may be one of the international investors who should
arrive to Brazil after the approval of the law that legalizes gaming industry
in the country. According to information published in the column of journalist
Ancelmo Goes in the newspaper O Globo, the company is waiting for the end of
the regulation process of casinos, bingos and other games to make investments
in the country.
Hard Rock is living a moment of investment in the United States. The group
recently bought the casino owned by Donald Trump in Atlantic City for US$ 300
million and is also building a new venture on the outskirts of New York at a
cost of more than US$ 1 billion.
The group is one of the largest casino operators in the world with developments in major gaming centers such as
Las Vegas and Macau, and other international tourist cities.
There are two bills in the Brazilian National Congress dealing with the
legalization of gaming in the country. In the Chamber of Deputies, PL 442/91
awaits the vote on an urgent request to be voted in plenary. On the other hand,
PL 186/2014 will have to be approved by the Constitution and Justice Commission
to be debated in plenary by the senators.
In relation to casinos, according to PL 442/91, they must be developed within entertainment
complexes. An economic group could not have more than one establishment in the
same state, and is limited to five casinos in Brazil. The concession would be for
30 years.
Meanwhile, the bill in the Senate rules that casinos will be installed in
leisure complexes integrated with hotels, restaurants, bars, shopping centers
and venues for events. A maximum of 35 casinos would be allowed in the
country,with only three per state. The concession to operators would be 30
years.
