Could Gambling Legalization be a positive thing for Brazil? - page 3.

cafucafucafu

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Quote from: fiulpro on January 04, 2022, 11:05:45 AM

According to the article published :
https://www.gamblingnews.com/news/brazil-gambling-legalization-would-bring-3-5bn-in-annual-tax/
The legalization of Gambling in Brazil alone can bring 3.5 Billion Dollars in Annual Tax. The country have not yet legalized the casino gambling but there have been frivolous attempts to make that happen. At the same time it could also be responsible for creating over 650,000 Jobs in collaboration with Bingo and other forms of betting as well. The country's lawmakers want to tax Gambling industry at 30% to be able to earn from them a descent amount to solve the economic fallout from the last year, in the middle of covid, any move counts and can be important as well.
The president have stern thinking and he is against it but some members think they are just looking 7 years worth of revenue if they are not legalizing it. What I do think is they should keep it into consideration that, be it legal or no people would still do it, might as well, make sure they are doing it on a trusted platform and at the same time bringing revenue for the country as well.

What do you guys think?
Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.

I think that it is a great idea.

There is no point banning something that is inevitably going to come back regardless of what you try to do.

Plus, be legalizing the industry in Brazil they'd be digging themselves out of the hole of hosting the Olympics and wasting a bunch of money there. They'd be able to achieve less expenses in enforcing previous restrictions, and collect billions of dollars as revenue.

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Quote from: alegotardo on January 04, 2022, 09:00:04 PM

Quote from: fiulpro on January 04, 2022, 11:05:45 AM

What do you guys think?
Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.

I'm Brazilian and I've been following the government's proposal to approve this, maybe in February of this year Brazil will be able to get out of this "hole" and legalize not only casinos but also a variety of games such as sports betting, bingo, skill games, horse racing, and others.

The problem in Brazil is religion, the president himself has as a government motto a part that says "God above all", that's why things are so complicated here.

Many businessmen are pressing the government, predicting that the legalization of casinos and the like will greatly increase tourism, especially in border regions.

Wow, it would be really promising if they would legalize gambling, and I think taxes could also greatly help. Most of the countries that legalize gambling find that the number one payer of taxes is casinos. Usually, if they legalize casinos, a lot of investors will be investing in your country from other countries. It is the same with my country, where a lot of Chinese investors build casinos, as it is legalized in our country, which leads to more jobs being generated and more taxes being paid to the government.

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Quote from: fiulpro on January 04, 2022, 11:05:45 AM

What do you guys think?
Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.

I'm Brazilian and I've been following the government's proposal to approve this, maybe in February of this year Brazil will be able to get out of this "hole" and legalize not only casinos but also a variety of games such as sports betting, bingo, skill games, horse racing, and others.

The problem in Brazil is religion, the president himself has as a government motto a part that says "God above all", that's why things are so complicated here.

Many businessmen are pressing the government, predicting that the legalization of casinos and the like will greatly increase tourism, especially in border regions.

Darker45

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If the current situation calls for it, then make it legal. I mean, if illegal gambling is rampant and law enforcement success against these illegal gambling operations is very low or none at all, the government might as well legalize them. Although there will be another set of challenges for them in doing so, at the very least, they will earn from it. This is all about crafting appropriate policies and properly implementing them. I'm not so sure whether the country can do it well, though.

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Quote from: fiulpro on January 04, 2022, 11:05:45 AM

What do you guys think?
Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.

Gambling casinos and sports betting are just the same if they have good success in regulating and managing sports betting they can do it also in gambling casinos and besides the revenue and the jobs creation will double, they should think about if they do a feasibility study they will find out that revenues from casinos will sustain them in this times of crisis, COVID is still there and once a country is a lockdown the country's coffer will be drain, so the administration should think about the positive effect on the coffer.

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Quote from: fiulpro on January 04, 2022, 11:05:45 AM

https://www.gamblingnews.com/news/brazil-gambling-legalization-would-bring-3-5bn-in-annual-tax/
The legalization of Gambling in Brazil alone can bring 3.5 Billion Dollars in Annual Tax.

As we know, so far, gambling industries always give very profitable incomes, for the gambling providers and also some countries that hold gambling as legal.
From gambling industries legally, we can see that they may open many more job vacations, income, and also of course taxes.
however, is the country really ready with the gambling legalization?
For, with the legalization, it will of course turn many changes, both financially and also social systems in the country.
Many citizens may also be concerned and turn play gambling without any worries again. And of course, with gambling legalization, there are some positive and negative sides. Positives have been told above.
And about the negative sides, we may know that there may be many more people who are interested to play gambling, turning into an addiction, and also others.
However, of course, once more, it will depend on what kind of citizens there are.
Hopefully if legal or illegal, the government of the country can really consider the plus and minus of this gambling legalization, including deciding the clear exact regulations of this.

Mahanton

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Quote from: ultrloa on January 04, 2022, 07:43:30 PM

Quote from: Wexnident on January 04, 2022, 07:15:25 PM

Pretty sure that gambling legalization should be a plus for any country (if they were able to in the first place). It's still to the benefit of the country in the long run, and would be better in terms of management of casinos since well, gamblers would now have a legal avenue to play in. This would also close down possible illegal ones that are only concentrated in gambling itself. Not to mention that it also introduces more job entries for people to work in. A lot of pluses really. Mostly negative issues here come with the issue of users being "addicted" but hey, managing that is included in legalizing it. Sides, legal or not, people could still get addicted anyway.

It could be a plus point if government could control its spread in their country since if they are letting all things popping up and didn't care about welfare of the people then possibly this could turn all thing to worse so hopefully they will do strict regulation towards its operation so that they will not turn their citizens to addicted gamblers.

The thing on my mind is that they would really be putting those gambling consulation companies or services that do help potential addicted gamblers or having those hotlines or professionals that would help out on treating addicted gamblers.In case rate then i dont see for it to be that serious and just try to look into those countries which are having that rampant gambling casinos offline or physical it didnt really suffer
that much when itcomes to that problems.It would really just vary on how they would give out those kind of supports for possible problems that might arise.

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Quote from: Wexnident on January 04, 2022, 07:15:25 PM

Pretty sure that gambling legalization should be a plus for any country (if they were able to in the first place). It's still to the benefit of the country in the long run, and would be better in terms of management of casinos since well, gamblers would now have a legal avenue to play in. This would also close down possible illegal ones that are only concentrated in gambling itself. Not to mention that it also introduces more job entries for people to work in. A lot of pluses really. Mostly negative issues here come with the issue of users being "addicted" but hey, managing that is included in legalizing it. Sides, legal or not, people could still get addicted anyway.

It could be a plus point if government could control its spread in their country since if they are letting all things popping up and didn't care about welfare of the people then possibly this could turn all thing to worse so hopefully they will do strict regulation towards its operation so that they will not turn their citizens to addicted gamblers.

Wexnident

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Pretty sure that gambling legalization should be a plus for any country (if they were able to in the first place). It's still to the benefit of the country in the long run, and would be better in terms of management of casinos since well, gamblers would now have a legal avenue to play in. This would also close down possible illegal ones that are only concentrated in gambling itself. Not to mention that it also introduces more job entries for people to work in. A lot of pluses really. Mostly negative issues here come with the issue of users being "addicted" but hey, managing that is included in legalizing it. Sides, legal or not, people could still get addicted anyway.

aioc

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Considering the huge income and the number of jobs and industries that will be created for legalizing gambling, the administrator will likely consider that, Brazil is one of the countries severely hit by COVID and Covid is not yet over, they can be hit again so they need huge funds if ever that happens and revenues coming from gambling can lessen the impact, they just need to regulate it and only those matured people and they should also launch campaigns about the risk of gambling, they should also think of the welfare of people who could become compulsive gamblers.

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Quote from: bittraffic on January 04, 2022, 11:13:57 AM

It wouldnt hurt the economy but the government must be prepared to give treatments to the people who becomes gambling addict. This is not a new problem for we witness already to some gamblers which their lives become miserable after losing everything.

Online gambling I guess there are already people gaming there even before the legalization, soccer is very popular also in this country.

For sure they should take out consideration on how they would deal with gambling addiction because if theres some benefits then there would be always sacrifices or simply cons on such manner.

In most countries on which gambling industry is always been considered one or the main sources in terms of tax revenue which means it could really help out a countries economy
and only a few are still in neutral or totally banning it.

Decisions made will depend on their president whether if he do mind about economy or would be more in concern into its citizens possible gambling addiction problem.

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Quote from: fiulpro on January 04, 2022, 11:05:45 AM

According to the article published :
https://www.gamblingnews.com/news/brazil-gambling-legalization-would-bring-3-5bn-in-annual-tax/
The legalization of Gambling in Brazil alone can bring 3.5 Billion Dollars in Annual Tax. The country have not yet legalized the casino gambling but there have been frivolous attempts to make that happen. At the same time it could also be responsible for creating over 650,000 Jobs in collaboration with Bingo and other forms of betting as well. The country's lawmakers want to tax Gambling industry at 30% to be able to earn from them a descent amount to solve the economic fallout from the last year, in the middle of covid, any move counts and can be important as well.
The president have stern thinking and he is against it but some members think they are just looking 7 years worth of revenue if they are not legalizing it. What I do think is they should keep it into consideration that, be it legal or no people would still do it, might as well, make sure they are doing it on a trusted platform and at the same time bringing revenue for the country as well.

What do you guys think?
Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.

Better to gamble legally than to gamble illegally. Even if they did put a ban to gambling, I am sure there are more than thousands of people over there that are gambling illegally. Making it legal and regulating it would not only bring revenue to the government, but will also stop or reduce many crimes associated with gambling. Not sure why the governments try to put a ban on gambling. Probably because of moral reasons or something. But people gambling over there are adults. They can make their own decision and they do know all decisions have positive or negative consequences. But yeah, if the industry is regulated the government can help those who get addicted to gambling.

sunsilk

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They should just make it legal for them to benefit from it since whether they will put it into the subject for illegality, people will keep on gambling no matter what the rule the government imposes.

On top of that, they just have to monetize and benefit so that they will have the need for the recovery of their economy from the gambling industry. It's a win-win situation for them, well, we have opinions and a perspective from a gambler so we say agree.

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Quote from: fiulpro on January 04, 2022, 11:05:45 AM

According to the article published :

What do you guys think?
Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.

That 30% is huge for the casino operators to agree with the legalization but when the government has to strictly impose that, they have no option but to pay for it, that was their obligation unless they are illegally run by someone.

As they legalize sports betting, they also have to legalize all gambling platforms. To take the step legalizing gambling in their country is in big favor to them. Not only for the government income(taxes but this also gains the confidence to the gambler where they would think about their safety and fraud.

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Quote from: fiulpro on January 04, 2022, 11:05:45 AM

Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.

There are factors that they might now lookout as a positive thing that's why they are now ended up considering legalized gambling casinos. According to the article, there are already attempts before that gambling should be legalized but the President itself is an Evangelical leader and we know that gambling is a sensitive issue in religion.

Moving forward, they just need to trust the process to fully see the advantage of legalizing gambling. It will take years in progress. After all, it was already discussed in the plenary before when there is a party that is attempting to propose it.

DoublerHunter

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Quote from: fiulpro on January 04, 2022, 11:05:45 AM

~snip~
What do you guys think?
Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.

^ I think that is a good idea for them that they are now legalizing but I don't know if this is in general because since then they are banning gambling based on luck, like wagering, horse racing, slots, or any gambling that based on luck and based on skills games will remain. It is totally a big help to the country if they allow gambling as recent news when Brazil totally banned gambling and their GDP was totally down at that time. So for now they probably realized that it could be a big contribution to the generated profit come from gambling to their country.

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Quote from: fiulpro on January 04, 2022, 11:05:45 AM

What do you guys think?
Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.

Considering the population in Brazil, I really think they can earn much profit from this but since it is still not legal I’m sure they have a valid reason for this, maybe the Religion thing is a big factor here that’s why Gambling is still illegal. The government is not just looking for a possible profit, they are also looking for the possible effect for this one, even if its ok to us their government still know what’s best for them.

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Quote from: fiulpro on January 04, 2022, 11:05:45 AM

According to the article published :
https://www.gamblingnews.com/news/brazil-gambling-legalization-would-bring-3-5bn-in-annual-tax/
The legalization of Gambling in Brazil alone can bring 3.5 Billion Dollars in Annual Tax. The country have not yet legalized the casino gambling but there have been frivolous attempts to make that happen. At the same time it could also be responsible for creating over 650,000 Jobs in collaboration with Bingo and other forms of betting as well. The country's lawmakers want to tax Gambling industry at 30% to be able to earn from them a descent amount to solve the economic fallout from the last year, in the middle of covid, any move counts and can be important as well.
The president have stern thinking and he is against it but some members think they are just looking 7 years worth of revenue if they are not legalizing it. What I do think is they should keep it into consideration that, be it legal or no people would still do it, might as well, make sure they are doing it on a trusted platform and at the same time bringing revenue for the country as well.

What do you guys think?
Shouldn't it be the sound decision??
Why is the government not legalizing gambling casinos even tho since 2018 sports betting has been legal in the country.

Brazil is one of the countries that has been the most affected by the pandemic not only in terms of those that were infected and eventually passed away but also in the economic prospects of the country, with this in mind then I think it is a good idea to legalize gambling at Brazil, no only this will generate many more jobs but this will bring even more tourism to the country as it will add yet another reason to visit it for those that want to have a good time during their vacations.

Still it is not a sure thing that they will legalize gambling, since the president of Brazil is known to be kind of stubborn in topics like this and lacks adaptability, so I will not be surprised if he used his influence to block that law.

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Quote from: DU18 on January 04, 2022, 04:00:03 PM

Quote from: Zilon on January 04, 2022, 03:07:49 PM

When it comes to gambling I prefer the government stay mute on the matter making it a factor of choice because legalizing gambling in Brazil will give birth to addicts although I understand the government should know what's involved and also have the right treatment for addictors but it would have been better if the government were mute other than legalizing gambling in Brazil

I agree with what you said, it is indeed better in this case the government is wiser ( neutral) in making decisions to legalize or not at all, indeed on the one hand the government will get enormous tax revenues from gambling, but the effect will trigger a lot of there are new gambling addicts, admit it or not, the gambling population in a country is quite large today, but they have always preferred to be silent and gamble in secret just because of existing legal regulations, but if the government legalized gambling, wouldn't that make the country full of addicts gambling ?

In this case, it is up to the person if he will be a gambling addict or not. Because at the end of the day, the government can't look after each of their constituents. It may or may not encourage individuals to gamble because of legalization. But if you are a citizen in that country, it doesn't mean that you need to go deep in gambling now that your government legalized it. You should still be a responsible gambler because no one will help you but yourself if you become a gambling addict. The change will not come from the government but it is from yourself. Legalization will just lessen the black market and at least the tax will go to the government this time.

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The moment gambling becomes legal in a country, you would say that it is beneficial. But it also has a downside, the moment you gamble legally and receive it legally into your bank account, there is also a certain risk that the government can find out more easily? A number of players are certainly not waiting for that. They want to stay under the radar and that there is as little control as possible. Otherwise you will have the problem of paying a lot of tax again, even if it varies greatly per country.

Topic: Could Gambling Legalization be a positive thing for Brazil? - page 3. (Read 354 times)