DOM 19 DE MAYO DE 2024 - 05:48hs.
Deputy Evandro Roman will be the President

Brazil’s Sport Committee set a Special Subcommittee on Online Betting

The Sports Commission of Brazil installed this morning (19th) the Special Subcommittee on Online Betting. Deputy Evandro Roman (PSD-PR) was elected as its president, while deputy Domingos Neto (PROS / CE), was confirmed as deputy of the new entity. The group should discuss the exploration and practice of sports betting on the internet. According to Roman, it is estimated that the unregulated part of the online gaming market in Brazil could be worth more than R$ 5 billion (US$ 1.3bn).

In a quick vote, the deputies chose Evandro Roman and Domingos Neto to lead the work of the new subcommittee. Both congressmen were the only candidates that disputed the election and were elected with 4 votes each.

The initiative of the Special Subcommittee on Online Betting is from Congressman Evandro Roman (PSD-PR). The group should discuss the exploration and practice of sports betting on the internet. According to him, it is estimated that the unregulated part of the online gaming market in Brazil could be worth more than R$ 5 billion (US$ 1.3bn).

Since last year, legislation (Law No. 13,756 / 19) has considered the betting and online gaming market as a legal sector. The Ministry of Economy, however, has a two-year term to regulate the granting of the right to exploit the activity, as well as set rules for anyone who wants to exploit the industry.

Source: GMB