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Banestes selects World Lottery consortium for Espírito Santo lottery partnership

Deals & M&A

Banestes said on 22 October that it had selected the World Lottery consortium to operate Banestes Loterias SA in Espírito Santo, Brazil. The bank said the parties will enter exclusive negotiations on partnership terms, but there is no guarantee that they will sign final contracts.

Operators and suppliers may enter a state lottery partnership, subject to successful negotiations and definitive contracts.

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Regulation

Espírito Santo assembly approves 0.5% lottery regulation levy

Espírito Santo’s legislative assembly approved Complementary Bill 20/2025 on 15 December, creating a monthly regulatory and inspection fee for the state lottery operator. The proposed rate is 0.5% of lottery profit after specified deductions, with the ARSP responsible for collecting the fee; the bill also sets penalties for late payment and fraud.

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