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Chile’s Chamber of Deputies advances online gambling bill to Senate

Regulation

Chile’s Chamber of Deputies approved an online gambling bill and sent it to the Senate on 12 December, according to the report. The proposal would require licences for online operators and impose VAT of 20%, a 2% annual tax on gross betting revenue and an additional 1% tax; Senate consideration may be delayed during the holiday period.

Operators would face proposed licensing requirements and new taxes if the bill becomes law.

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Regulation

Brazilian Congress president extends betting ban measure by 60 days

Brazil’s Congress president, Davi Alcolumbre, extended the provisional measure prohibiting fixed-odds betting for a further 60 days, with the decision published on 11 November. The extension gives lawmakers until February to consider the measure, which would end betting authorisations, block websites and apps, and return user balances; the government estimates the ban would reduce revenue by BRL12bn.

Brazil’s provisional ban on fixed-odds betting has been extended by another 60 days by Congress president Davi Alcolumbre. The decision appeared in the federal official gazette on Wednesday 11.

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