VIE 17 DE MAYO DE 2024 - 00:56hs.
Lula 48.5% x Bolsonaro 43.2%

Gambling sector apprehensive about the results of the elections in Brazil

A preliminary analysis of Brazil’s elections that took place this Sunday (2), in which the opposition candidate Luís Inácio Lula da Silva went to the second round against current President Jair Bolsonaro, leaves the gamibling sector apprehensive about the direction that the matter will take from now. In a dispute that jeopardized the electoral polls that pointed to a greater difference between the two candidates, the composition of the National Congress is concerned with the growth of parties that defend the current president's customs agenda.

The election for president in Brazil will have a second round between Luís Inácio Lula da Silva and Jair Bolsonaro. The dispute was fiercer than the polls indicated, with Lula scoring 48.4% and Bolsonaro, 43.2%.

What causes greater concern to the gambling sector is the new composition of the National Congress, since the PL, the president's party and candidate for reelection, won 99 seats in the Chamber and 8 in the Senate.

The so-called Centrão, an agglutination of parties that supports the president, will now have 235 federal deputies. In the Senate, where Bill 442/91 that legalizes all types of games such as bingos, casinos, jogo do bicho and sports betting is currently waiting to de approved, a third of the seats in dispute were won by the PL, a conservative party that supports to the president in his costume pattern.

Added to the conservative bench in the Senate Damares Alves, for the Republicans, Alan Rick (União Brasil) and others, such as Magno Malta, who has always been against the activity. Of all the seats in dispute in the Senate, 14 went to candidates for President Bolsonaro. In turn, Davi Alcolumbre, re-elected senator and with strong influence among his peers, can be an encouragement to the sector by supporting the activity.

What is expected is that the Senate adopts a propositional discussion stance for the project that legalizes gambling in Brazil. Certainly, some of the re-elected federal deputies who made up the Working Group (WG) on the Regulatory Framework for Gambling will have a hard work ahead to convince the new bench, in the Senate, to vote in favor of the sector, showing them all the understanding they had about the segment.

Among those elected, to Newton Cardoso Jr., Vermelho, Felipe Carreras, Bacelar and Eduardo Bismark stand out, who, in addition to having done an excellent job in front of the WG, always spoke out in favor of the activity

Source: GMB