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Panama’s assembly advances electronic invoicing bill

Regulation

Source: Junta de Control de Juegos (Panama)

Panama’s National Assembly approved Bill No. 721 at third debate, according to the finance ministry. The bill would recognise invoices issued through the Panama Electronic Invoicing System alongside authorised fiscal devices, with implementation for affected activities to be phased in under a timetable yet to be published.

The proposed invoicing rules could affect how gambling businesses document sales and services in Panama.

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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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