Brazil’s finance minister backs bill legalizing casinos, racing
Regulation · 2024-07-11

Brazil’s finance minister backs bill legalizing casinos, racing

Brazil’s Minister of Finance, Fernando Haddad, has voiced his support for Bill 2,234/22 to legalise casinos, bingos, and betting on horse racing.

As reported by SBC Noticias, the Minister had a meeting with Irajá Silvestre – the Senator and Rapporteur of the Constitution and Justice Commission (CCJ) – which approved the Bill earlier in June.

Speaking to Haddad, Silvestre said: “Minister, it is not possible that the whole world is wrong and only Brazil is right. So, these countries that made the legalisation and regulation with responsibility set an end to illegal gambling and clandestine gambling.

“And they created a new business environment in the countries, generating employment, income, and doubling the number of tourists who began to visit these countries.”

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