Brazil Closes In On Legalizing Online Gaming, Sports Betting ...Middle East

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Brazil Closes In On Legalizing Online Gaming, Sports Betting
source : Bloomberg News Today ( Middle East ) () 25
Online casino gaming and sports betting may soon be coming to the land of samba and sun. Brazil’s lower house approved a bill legalizing online gaming last week and the issue now heads to the country’s Senate. The upper house now has 45 days to approve the legislation, which President Luiz Inácio Lula da Silva is expected to sign into law. Details On The Plan Brazil offers a significant market for online gaming. The country has the 10th-largest economy in the world and a population of more than 214 million, but has been under a gambling ban since 1941. The only allowed forms of gambling in Brazil come in the form of horse racing and a state-run lottery. Poker, however, is considered a game

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