Brazil is discussing casino legislation

by Noah Taylor Last Updated
Billionaire Pansy Ho eyeing Brazil casino resort

Brazil is once again discussing the legalisation of casinos.

This time, a federal lawmaker representing Amazonas is introducing a measure to bring gaming to South America’s largest country, reports.

Federal Deputy Albert Neto has put forward bill PL 585/2020.

The legislation seeks to establish casino resorts in the state of Amazonas – the largest in terms of land area of Brazil’s 26 states.

Neto says the Amazonas casinos could serve as a test run for the country to consider further expansion of gambling.

“Even though there was not the necessary consensus for legalisation in the national territory of casinos, I believe that the State of Amazonas could be a pioneer in practice, and therefore, a true laboratory for assessing whether the country is in fact ready to receive casinos,” Neto states in his statute.

Brazil is the world’s fifth largest country by area, and sixth-most populated.

The only form of legal gambling currently is the state-run lottery.

Brazil has been in an economic crisis since 2014.

In August 2016, as Rio de Janeiro was hosting the Summer Olympics, then-President Dilma Rousseff was impeached and found guilty of breaking laws, and subsequently removed from office.

Casinos have been long mulled as a way to help restore the Brazilian economy.

The legislative conversations have attracted the eyes and ears of several of the world’s largest gaming tycoons, including billionaires Las Vegas Sands chief executive officer Sheldon Adelson, MGM China and Shun Tak Holdings Chairperson Pansy Ho.

Adelson made numerous visits to Brazil over the last decade, and Ho said recently that casino operators “would be clearly interested” if the country decides to approve gambling.

However, President Jair Bolsonaro expressed antagonism to casinos during his 2018 campaign.

He’s now said to be assessing his supporters on the gaming issue before formally taking a position.

Brazilian Chamber of Deputies President Rodrigo Maia said last month that he supports gambling legalisation, but only in integrated resorts.

“I am convincing the deputies to vote only in favour of the integrated casinos, and otherwise they have no way to move forward,” he stated.

Neto’s bill requires that the casinos be permitted in areas that “lack alternatives for their economic development”.

There’s plenty of such regions in the Amazonas, as the state is a tropical jungle where many cities are only accessible via boat or plane.

Amazonas is almost entirely covered by the Amazon rainforest.

The state capital of Manaus is a modern city, home to 2.18 million people, that lies along the Amazon River.

The industrial sector generates the majority of the state’s economy.

Amazonas’ main product was once rubber, but today, the state is home to several electronic manufacturing plants including LG, Sony and Samsung.

Honda also manufactures motorcycles there and agricultural products include cassava and oranges.

The most recent data from the Brazilian Institute of Geography and Statistics reveals the average worker in Amazonas earns $6377 per year.

That’s considerably less than in the Distrito Federal unit, home to the Brazilian capital Brasilia, where workers average $22,677.

New live casino studio for Playtech

Gambling technology company Playtech has announced it has partnered with Isle of Man operator GVC Holdings to launch a new dedicated live casino studio.

Casino News Daily reports the Elevation Live Casino space is set to launch in several stages during the next two months, with its unveiling supported by a major marketing campaign, according to a press release from Playtech.

Elevation will initially feature five blackjack tables and a roulette wheel studio.

More live casino versions of popular table games will be added in the coming weeks.

Of its new purpose-built studio, Playtech said that it would be a true visual spectacle and that player experience will be enhanced by a vast video wall that will be creating a backdrop of a fully immersive skyline.

The Elevation live casino studio will offer casino gaming content exclusively across GVC’s many gambling brands.

The launch of the dedicated live casino space is part of the new long-term agreement that Playtech and GVC signed this past February.

Under the deal, Playtech has agreed to supply technology and content across GVC’s gaming and sports betting brands.

In June this year, the two companies announced that the provider’s online casino content has been launched across GVC’s businesses, including bwin, partypoker, PartyCasino and Sportingbet, among others.

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