Bill creates annual limit on how much each person can spend on sports betting
Wednesday 24 de January 2024 / 12:00
⏱ 1 min read
(Brasilia).- According to the bill, citizens who exceed the amount will be subject to fines and credit restrictions.
Bill 2843/23 limits the total amount that taxpayers can spend per year on sports betting. According to the text, currently being analysed by the Chamber of Deputies, the spending ceiling will be equivalent to 10% of the amount declared by the citizen in the previous year's Income Tax.
The proposal obliges financial institutions and sports betting companies to adopt mechanisms to control and monitor the amounts spent by individuals.
Citizens who exceed the limit will be subject to fines, credit restrictions and other measures provided for by law.
Author of the bill, deputy Ricardo Ayres (Republicanos-TO) says that the aim is to prevent over-indebtedness and lack of control over assets as a result of addiction to sports betting. "The aim is to balance individual freedom to place bets with the need to protect against excessive financial risks," he says.
Procedure
The bill will be analysed conclusively by the Committees on Consumer Protection; Finance and Taxation; and Constitution and Justice and Citizenship.
Learn more about how bills are processed.
Categoría:Legislation
Tags: Sin tags
País: Brazil
Región: South America
Event
SiGMA North America 2026
01 de September 2026
Affiliates and Acquisition: Keys to Regulated Markets in North America
(Mexico City, SoloAzar Exclusive).- During SiGMA North America 2026, Cristopher Guzmán Reyes, Head of Affiliates at Logrand Entertainment Group; Guga Júnior, influencer and slots expert at Scalar Partners; Andrés Gómez, Head of Latin America Go-to-Market Strategy at Admattic; Yambot Aguilera, Gaming and Finance Sales Director at Google; and Paula Gabriel Jiménez, Advertising Client Growth Director for Microsoft at Aleph, analyzed the state and provincial affiliate ecosystem in North America, as well as the acquisition challenges in regulated markets.
Thursday 24 Sep 2026 / 12:00
Jordi Sendra, CEO of Alea: "Latin America is one of our most important regions"
(Mexico City, SoloAzar Exclusive).- The CEO of Alea analyzes the company's participation in SiGMA North America, the potential of Mexico and Brazil and the growth opportunities in North America and Latin America. It also reviews the new features presented during the event, including the new sportsbook vertical and Alea Jackpot.
Wednesday 23 Sep 2026 / 12:00
CP Games at SiGMA North America: Localization, Integration, and Regional Growth
(Mexico City, SoloAzar Exclusive).- Following a successful showcase at SiGMA North America, Caio Ruiz, Head of Growth and Strategic Partnership at CP Games, reflects on the event's key takeaways. He discusses the critical need for localized strategies across the Americas, the importance of flexible technical integrations, and the company's next steps in navigating the diverse gaming landscapes of LatAm and North America.
Tuesday 22 Sep 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
