The audience at Block P of the Ministry of Economy was attended by Secretary of Planning, Energy and Lottery, Alexandre Manoel Angelo Da Silva; Adhemar Ranciaro Neto, General Coordinator of SECAP Lottery Regulation; and Juan Jose Mantese, Director of Operations for Latin America and partner of Meridian Brasil Participações Ltda.
Last May, Meridian exhibited at the Seminar promoted by the Chamber of Deputies Sports Commission, the expectation that the regulated Brazilian sports betting market is indispensable for the integrity of the national sport, will generate important taxes for Brazil and estimates the formalization of more than 20 thousand jobs in the national territory, which may reach, at its peak, 85 thousand direct jobs (estimated for 10 years of operation).
The company's experience in the European market, which has approximately 94,000 legal stores and revenue in 2018, by way of US$ 43 billion GGR (US$ 330 BI turnover) and growth of 6.7% per year, creates parameters for what may be the Brazilian sports betting market, its benefits for national sports and a network of social benefits.
Source: GMB
