Piracicaba sets rules for municipal lottery with six betting formats
Piracicaba’s municipal government issued a decree regulating its lottery, setting out six betting formats, including sports predictions and fixed-odds betting. The city projects annual revenue of R$75 million; its Finance Department will oversee the activity, which may be operated by a private concessionaire selected through a tender.
The decree establishes the lottery’s formats, oversight and potential route for private operators to enter a procurement process.