Brazilian lower house approves security bill allocating 30% of betting revenue to fund

Brazil’s Chamber of Deputies approved a security constitutional amendment in early March that allocates 30% of betting revenue to the National Public Security Fund; the proposal awaits a Senate vote. The text also directs money recovered, seized or confiscated from illegal betting operations to the fund and does not increase the sector’s taxes. Betting-industry associations welcomed the constitutional reference, while rapporteur Mendonça Filho said it does not guarantee the sector’s legal status.