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Brazil Senate committee advances proposal to redirect 1% of betting revenue

Regulation

Brazil's Senate Sports Committee approved a bill to allocate one percentage point of online betting revenue to the Defence Ministry's Military Sports Commission. The proposal would redirect funds currently assigned to the Sports Ministry after prizes and income tax, and will proceed to the Economic Affairs Committee for review.

The bill would redirect online betting revenue from the Sports Ministry to the Defence Ministry’s Military Sports Commission.

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Regulation

Quaest poll puts bets and social media at 7% as source of hope nationwide

A Quaest poll found that 16% of respondents who were optimistic about Brazil's future cited regulation of betting and social media as a source of hope under President Luiz Inácio Lula da Silva. That group represented 44% of respondents, making the combined issue about 7% of the full sample; the poll did not separate betting from social-media regulation. The survey interviewed 2,004 people from 30 October to 2 November.

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