Analome-commissioned study estimates BRL12bn in Brazilian municipal betting revenue

A study commissioned by Analome estimated that municipal lotteries could generate nearly BRL12bn in federal revenue in Brazil. It estimated that about BRL8bn could come from smaller companies unable to meet federal authorisation requirements. The study argued that municipal lotteries could support decentralised provision, while the Solidarity party has challenged their legality before the Supreme Federal Court, which has allowed them to operate pending a final ruling.