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Brazilian lawmaker proposes directing 50% of betting tax revenue to hospitals

Regulation

Brazilian deputy Pinheirinho introduced a bill proposing that 50% of taxes collected from sports betting go to philanthropic hospitals and Santas Casas, according to the report. The proposal remains before Congress and would restrict the funds to healthcare services and related costs. If enacted, the executive would have 90 days to issue implementing rules.

The proposal would change how sports-betting tax revenue is allocated if Congress approves it.

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Regulation

Pennsylvania lawmaker proposes 20% tax on skill games

Pennsylvania Representative Russ Diamond proposed legislation to regulate and tax skill games before a court-imposed deadline makes the machines illegal on 13 October. His proposal sets a 20% tax, allows up to five machines at specified venues and would reduce the tax rate on casino slots and online casino games to 49.9%.

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