Brazil’s government faces growing demands to explain why it will apply the highest operating tax charge to its pending federal sports betting marketplace.
The demand for an explanation comes as Congress begins its 120-day review of ‘provisional measure No-1182’ signed by President Lula da Silva on 25 July.
Entering a critical juncture for the passage of Brazil’s long-mooted sports betting regime, Congress has received over 240 amendments to President Lula’s legislative demand.
The amendments indexed on Congress’ website, propose changes on a broad spectrum of issues, ranging from restrictions on advertising, introduction of a blackout period for offshore operators, to the broader regulation of casino-style games.
