Rui Magalhães started the session with the comparison between Portugal and Spain, explaining that the Spanish market has fair taxes and a consolidated environment, while Portugal loses billions of euros per year and has removed investors with 80% of taxes on online bettings, and stating that not always the operator wins over what is bet, for example. In Spain, the tax is about 25% of the gross that the operator earns.
"Brazil has to take these examples to create an efficient regulation, with no need to invent the wheel. It just need to take good examples. Brazil has great potential, but if it applies abusive taxes and monopoly as in Portugal, the model will not attract investors," said Magalhães.
The last speaker f this session, Fabio Tibéria, Consultant Internaonal in Gaming, defended the model of Malta to the detriment of the Italian. "Italian casinos were created to leave the money of the player inside the country. The private company can not do advertise on TV, but the public betting firm Loto can.”
“In Malta, taxes are 5% (since a part paid is returned). And if that figure were higher, investors would not survive. In addition, the license to operate the technology in Malta applies to other places, all with clear and simplified rules, which give credibility to the operator and the player," concludes Tibéria.
Source: Exclusive GMB
