Topic: Could Gambling Legalization be a positive thing for Brazil? (Read 436 times)

After reading your posts, I saw that many people write that with the legalization of gambling, the level of corruption in the country increases. 
Having looked at the list of the corruption index for different countries, which is compiled by Transparency International, I saw that Brazil is in 94th place on this list with an index of 38. For example, this index in France is 69, Japan is 74, and the record holder (with minimal corruption) New  Zealand 88.
So with this level of corruption in the country, it is very problematic to legalize gambling.  This will most likely lead to an increase in economic crime. 
And President of Brazil is right that he does not think it is right.

Well from a perspective of decentralised gambling and crypto gambling, it might be already too hard for any government to effectively stifle "gambling dens" especially the ones running on TOR or similiar methods to cover their tracks and stay online.

So it isnt really a question of what they want to avoid but rather how they want to redirect the revenue from those gambling dens in such a way that they will be able to tax it.

The general consensus seems to be that the legalization of gambling in a country seems to be negative, but there are a few positive things too that need to be considered. In my country legal lotteries donate a LOT of money to charities and Sport development, so it is a bonus to some people that might benefit from that.

The taxes boost the service delivery in areas where there are no water and electricity and it funds large infrastructure projects. So it helps to stimulate growth and economic development. The down side is the gambling addiction ..but that can be managed within a legal framework. 

Corruption is known as the long time illness in every government like here in my country it was already a problem for a long time ago and up until now it is still a problem of our nation that presents in every administration of our government. I don't think no there's an effective way to eliminate those corrupt people than by not giving them a chance to sit on any position in government during election (in a democratic country like mine). Going back to OP's concern I believe legalization of gambling could bring positive and negative thing at the same time, it could add revenue but still gambling addiction and others negative effect are still possible.

It shouldn't be sound, it should be normal ... we live in the 21st century, people will gamble anyway, why shouldn't we be aware of that and allow people to normally enjoy what they love to do, in this case, to gamble! As some other members say, there will be more work for people, good things can be done from taxes ... it is simply better to have a normal situation where everything is nicely regulated than to push gambling under the carpet and create bigger problems.

I agree they should meet halfway 30% is not good even if it's a start-up for legalization of gambling, they can start at 10% then go higher in the succeeding year, by that time the gambling industry has already established their hold, they should give and take, both parties want profit and revenues, now are the best time to legalize and regulate gambling, and the Brazilian government can make a huge difference if they make a good decision in this pandemic.

I think the Brazilian government should immediately implement the gambling industry legally there.

With income and from what you said 3.5 million dollars, it is very reasonable and if brazil applies taxation to the gambling industry it is certain that the decision is unanimous and right.

I think the Brazilian government's policy will benefit many parties.
• Increase state/income tax revenue.
• Reducing unemployment and creating employment opportunities in the gambling industry, if legal.
• For companies and gambling bettors, they feel comfortable, there is no concern that gambling in Brazil is legal or illegal.

What is clear, this rule will lead to one thing that leads positively to the economy in brazil.

Taxes from gambling or other sources can be new resources for the corrupt officers because that is already happened in many countries and from a long time ago. It is hard to eliminate the corrupt officers related to the taxes because they can easily find a spot to get the taxes without anyone knowing. But if the Brazilian government wants to legalize gambling, they must have clean officers who can take care of the taxes so the corrupt officers will not have a chance to get that taxes.

The legalization of gambling in Brazil is a very correct step by the Brazilian government. 

The Brazilians themselves are not very gambling people, especially when you compare them with Asians.  In Brazil, there is a cult of a healthy lifestyle, sex, football, carnival.  Boys in Brazil play football, and girls spend a lot of time perfecting their figure and dancing samba.  In Brazil, the sun always shines and the weather is great.  All this is not conducive to the formation of dependence on gambling.  Brazilians have a lot of interesting things in life. 

At the same time, many foreigners come to Brazil (to Buenos Aires).  They will be happy to gamble and thereby replenish the country's budget. 

This will provide additional funds for the fight against crime.

they need to fix their government first before they look for some way to increase the tax revenue of their country because the only people who get the benefit from it is the corrupt government and for the country, it won't bring anything good except they will gonna suffer even more than when it was not yet legalized. Because there are high chances that people will take this chance to organize their own gambling dens to benefit from it and make everyone play like there is no tomorrow. It would become an instant trend, because of how many people play every day and they need to be ready on the mental health of those who lose their senses when they lose everything they have because more likely they won't do anything good after that.

This is high on one industry. Putting 30% tax rate on just gambling website company is high, it may chase prospective investors off because every investor likes to put money where they can also make profit as quick as possible to take care of start up expenses and pay salaries. At least a 10% tax rate can go.

Money generated from gambling as just one sector won't be enough to rebuilding the country. It will put burden on operators and they might eventually collapse and the aim forfeited. So they can encourage other industry and grow them too.

Our country has legalized gambling because of the taxes that they could get from it but the taxes are actually another source of corruption and the corrupt officers are the ones who benefit from it. I think the Brazil government is also trying to get rid of the possible effect of gambling legalization in their country. It might also cause gambling addiction which could ruin lots of lives but I also believe that they would legalize gambling in time.

In order to resolve this issue, it is necessary to conduct a systematic analysis of the consequences of legalization.  As I understand it, the President is against legalization, and part of the Parliament proposes to do this, arguing that taxes are collected at a high rate (30%). 
However, such actions by the legislator can have many negative consequences for the entire population of the country.  I will not list them because this is the result of a system analysis, which we will not be able to carry out without accurate initial data.  There are countries where this business is legalized, and where it is prohibited.  It all depends not only on the will of the legislators but also on the mentality of the population and their religion, beliefs, lifestyle and other factors.

The government should think about that if they do not want to lose the taxes from the gambling owners. It will be better if they can regulate gambling and control it to benefit from the gambling industry because the gambling industry can develop more than now. Besides making gambling legal, the government should realize that by doing that, they can face new problems that can happen with their people such as addiction to gambling, losing their job or income because people will use more money to gamble and else. It needs more discussion to all people and institutions before they make gambling legal and solve the problem behind gambling.

I think most of the country, although it is illegal, there are still a lot of people playing gambling, as they are enjoying it and at the same time earning money. If legalization comes to pass, then I think there will be a spike in the number of gamblers that will be playing since some of them are just scared of the law. The effect of this will be that more investors will come into the country since there is a huge demand for gamblers. This also has a good effect on the economy as there are a lot of investors putting their money in the country.

It will be better if there are countries who will alot the taxes the gathered in a specific area to focus with if for transactions, school or in that organization etcetera so it will be seen used in good project.  By legalizing  gambling  will open more jobs as well additional adoption to crypto. Brazilians may already playing gambling even it’s not yet legal so it will be a good news for them.

Well I think --that is a wise and good decision.
There are sometimes governments that will change their protocol and perhaps they saw the potential of taxing gambling businesses which are really helping to boost economic growth. Gambling industries can generate a huge profit and through this profit, it could be taxable, the more profit will come the more amount that the casinos will tax. I don't know much about how the government of Brazil did not realized this while earlier but good thing now they are awake for the potential one.

That's right.
If they want to get some decent taxation from it, they just allow it yet prohibit and put sanction for those that won't register their casinos. Upon legalization, they're making the market open and these operators won't hide from them anymore. And likely, profit from these casinos might increase because they have the confidence due to the fact that they're registered and backed up by the government.

Because if they will not make it legal, gambling will exist underground and the government will have no share from this black market. So why not make it legal instead so government can get something out of it, right? Because gambling will always exist anyway. Also, the government can also help these gamblers run after the casino if in case they will have complaint about them.

And most of the time this is an issue with those leaders that want to hold some kind of moral high ground when what matters the most is how they can benefit the people they are governing despite whatever values and principles they may hold, it seems those people prefer to keep outdated ideas and let their citizens starve than to simply do what it is best for their people, and this is nothing new, as there have been some criticism against the current government as similar circumstances have presented themselves in the past and the interests of the people are always left last.

It's actually a good thing and sad to hear that they're having hard time to buy their own hardware wallets. But they have an option to just download some wallet apps that still allows them to hold their private keys. While they're saving for a hardware wallet, they can do alternatives that they can.
As for the gambling industry in Brazil, any source of taxation that's legal, it's always for the good of their country.

The fact is that if the Brazilian government prohibits gambling, gamblers in Brazil can still gamble. One of them is like you said gamblers can use
a VPN to access gambling sites, I did the same because in my country gambling is prohibited. It's even possible that in Brazil there are some
illegal casinos that have been around for a long time, and we know the velocity of money in the gambling industry is huge. So it would be better
if the Brazilian government legalized gambling, so that at least the Brazilian government gets a large tax revenue from  the gambling industry.
So the Brazilian government has the money to work on government projects that benefit the Brazilian people.

Although there will be bad effects that will occur if gambling is legalized, there will probably be many people who become addicted to gambling.
But it can carry out strict regulations regarding gambling, so at least it can minimize the number of gambling addictions. Then the Brazilian
government could also build a free rehabilitation center for people addicted to gambling. The conclusion is that as long as there are many benefits
that can be obtained from legalizing gambling, why doesn't the Brazilian government do it.

You are on spot on this one! Gambling industry is big which you could really think off that government wouldnt be thinking that they could make out money or tax into those industries?
For sure they do have that personal kind of reason on why some countries doesnt consider on letting those gambling companies to operate on on which they are minding about their
citizen about gambling addiction because they do know that this is something which is really hard to be resolved personally and whats next?

Being a bad country in terms of economic state doesnt automatically means that government that do holds up already corrupt.There are lots of factors too which need to consider. How about they dont progress out

because they had set out low % on taxation on each industries or doesnt  have much ways on getting tax revenue on businesses inside the vicinity? You couldnt really determine it out precisely.

In terms of level of corruption and conditions in related to this then it couldnt be precisely known but we could at least make out presumption basing into those very common scenario.

Well i would guess that everyone that is a big fan of gambling in brazil is already doing it using VPN or other methods so i don't think it is a bad thing if gambling would be officially legal in brazil. Of course this also means that probably advertising in television and the internet for gambling would be allowed then. There i think the rules need to be pretty strict that it is made clear during the commercial that gambling has a high potential of getting addicted and that you can lose your money too. In addition to that it should only be allowed for adults to do gambling of course but i guess and hope this would be the case anyway.

I guess Passos has sound decision on this but if there are hindrances like the evangelical leaders from the country I don't think that it will flourish to even legalizing it.

If these evangelical leaders are opposing gambling addiction yet there's a legalize sports betting in the country have they already take a look if there's increase in gambling addiction on that particular gambling? If there is then I don't think they are really into eradicating of gambling addiction they are just wasting opportunity for their country to have a sound economy.

While you may be right about corruption being in the core of every single government out there, I very much doubt that all corruption can be claimed to be at the same levels. There are definitely countries that are so openly corrupt, that it may as well be a giant drug cartel. Others can be secretely corrupt but it always shows reflected at the citizens wealth and health. Look at the people to see how bad a country is.

I was just speaking with someone from Brazil and they were telling me about how hard it is for someone there to safely store their cryptocurrency. Apparently buying a hardware wallet is like 40% of most peoples monthly take home pay. So yes, if you legalize gambling, that’s only going to bring in more income for the country which could help make it stronger which could help the people as a whole. It’s a good thing in my opinion.

Well said, everything you said is on point. The gambling legalization could be a positive thing for the whole nation of Brazil if and only if it is planned, executed and monitored at the utmost possible way. As much as positive outcomes could be reaped out of doing such, setbacks could also be resulted form lack of discipline, communication and integration of the different essential agencies and parties involved in doing the legalization successfully.

It could be a positive thing or a negative thing depending on how the government officials would implement and handle the legalization of gambling in their country. The constituents' discipline also plays a great role in the path their country has to take once the gambling industry is already legalized. There are advantages and disadvantages when it comes to the talk of gambling legalization. The boosting of the economy because of tax revenue that will be added once gambling will be legalized is a big thing to the economic growth of a country. The job opportunities will increase once gambling will be allowed resulting in a higher rate of employment that could be of great help to the citizens and to the economy as well because of tax once again. These are just the common positive effect of gambling, however, it could have some negative effects and disadvantages too. One of the leading possible disadvantages and negative effects of gambling in a country is having its citizens be obsessed and addicted to it that could compromise their health and overall well-being. This mental health problem could result in chains of issues such as developing financial problems that could lead to doing illegal activities.

The way Brazil's government will take action for gambling legalization would be the answer on whether what will be the impact of gambling to their country. I just hope that their government will thoroughly think, plan, and organize before the actual implementation and permission of any gambling activities so that they won't have any problem in the future. Or if ever there would be any, they could resolve it in a snap.

If that is about the religion, it will not be easy to get approval from the religious leader because it is written in their holy book that gambling is prohibited and no excuse. Out of that, he must regulate gambling strictly and not permit people under 20 years to gamble. And for criminal activity, he must have clean officials that will watch out for all casinos so there is no way for the launder to do money laundry on the casinos. And if someone catches because of money laundering, there is a heavy punishment for them.

The is enough reason to legalize gambling and the 650,000 jobs to be created once they legalized gambling and the companies that will revolve around these casinos are very compelling, but unfortunately, its president and evangelical leaders are against it, although they have presented a way to overturn a veto this is still a long way to get an approval the debate should start so they can weigh the advantages and disadvantages, only the good of the Brazilian should be considered, it's a debate against morality and the survival of the economy.

That's good but also they should also include the text line where they can easily contact a health expert so that they can control this upcoming surge of addicted gamblers since its somehow a mental health problem if you are into it. But they cannot really measure how severe the case until they do it so I think I guess these will be the basis of other country to implement a legalization since if Brazil will get a success and a boost to its economy then for sure other will follow.

does he realize the effect it could have on their economy? I mean, 3.5 billion dollars in annual tax is a huge thing. is he against it because of his religion, morality, criminal activity in casinos or the impact gambling can have on his citizen if gambling is legalized? like I said before on a thread talking about legalizing gambling "if they ever legalize gambling it should be heavily regulated since gambling casinos is a great way to launder money and conduct other illegal activity.".

For sure it is opportunity for government to give little boost to the economy as tax revenues and additional jobs will be created in the country which is again positive sign for the growth of country.If the community is interested in gambling and some strict regulations are followed then it's absolutely fine to make it legal like any other games.

Speaking of becoming addicted to gambling then it's responsibility of players to be in limits because you are wasting your funds not government but still they can put some restrictions to avoid such circumstance at initial phase only.There are always two side of coins and we need to look both of them.

Developments like having a big casino in every city in the country will help make jobs and businesses nearby the casinos are going to proper as well. Yup Entertainment attracts businessmen so there will be more businesses around the city. What stops the government from not legalizing gambling before will be interesting for it could be politically related.

However there is always a negative effect as well, they just have to be responsible to thier people not just by giving warnings to thier citizen about gambling effects.

I think there will be more discussion between the officials of that country and see the impact if they make it legal or still illegal.
But if the people still have a passion for gambling because of making money, I think the government can make strict regulations and will only let people above 20 years can play gambling.
They need the cooperation of the casino to help oversee the rules so it will work good for their people and they can also watch their people from getting the other problem that can happen when they play gambling.

If it turns out that more benefits are obtained from legalizing gambling, it is better if gambling is legalized by the Brazilian government. Because
as you said, some countries that have legalized gambling, get quite a lot of tax revenue from casinos. And it can also help with unemployment
problems, because gambling is legal, casinos will need a lot of employees. So the Brazilian government will immediately be able to get two fairly
large benefits if it legalizes gambling. Because since the pandemic occurred, economic crises have occurred everywhere, and there are not
many solutions that can have a big enough effect. And legalizing gambling is the fastest solution for the Brazilian government, so it would be
a pity if the Brazilian government did not legalize gambling.
 

Whether gambling is legal or illegal, if people are still gambling, it does not matter. So what matters most at this point is how the government could make revenue out of gambling. The way to do it is to make it legal. To provide licenses to those who are interested to operate a gambling business.

But if the government will impose 30% tax on gambling, it might be discouraging rather than encouraging operators. Especially those who are operating underground, they might not be attracted anymore with the legalization because of the enormous tax imposed on their business. They might decide to continue with their illegal operations and the government will receive nothing in the end.

I think that legalizing would be a good idea.

Taxing winnings from gambling at 30% would be an incredibly bad idea, though, because that would essentially offset any gains from the legalization efforts.

You'd essentially be telling all the gamblers to go elsewhere and screw up the business aspect of operating a casino... If you are going to be a safe haven for casinos, go all the way.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

^ 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.

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.

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.

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.

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.

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 ?

I wouldn't exactly call it a positive, but if it's done right it might not be a negative either. As long as the majority of patrons to places like casinos are just doing it for entertainment and manage to avoid turning it into an addiction, then it can be an extra source of revenue for the country (especially if it brings in gamblers from other countries). However the estimates given for things like jobs are usually way too high and obviously manipulated by people who want to open up a new source of income for this lucrative industry. Honestly, I think Brazil has lots of other problems that may need solving first and a high crime country might not be the ideal places for opening up this type of industry as it can get heavily abused with poor regulation or enforcement.

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 think the idea of having the gambling casinos legalization for Brazil is good in terms of money and how it could circulate the money in the Country. But probably the government has some other ideas when it comes to this because they are probably concerned about how it could affect the masses with being addicted or how people are going to react to it.

Maybe they are willing to do it as well, but they’re waiting for something to come up first to start down the legalization process of it.

It might not be a positive thing for people of Brazil in general but for the government, it is a great move. More money pouring into the government(via taxes) which could be put to good use(most probably won't be).

If gambling activities can be controlled and implemented in a correct way, it can become a major cash cow for any government. It is a billion dollar industry and if it can be cleverly packaged with tourism, the money will start raining on the government and it will lead to various infrastructure and other development. Because government will have money to spend which will in turn create more job opportunities for the locals. The locals will earn more and spend more which will create a positive economic movement.

You see, it's all a chain reaction! I am sure Brazil will be greatly benefitted from it!

It wouldn't hurt, though I am not sure whether it is the answer that Brazil is looking for in order for them to solve their economic woes. Bolsonaro's action plans aren't helping, too, and his priorities aren't even straight when it comes to repairing Brazil, or helping his constituents have a better life. His responses on the pandemic aren't even at the bare minimum compared to other countries, and the way he handled it all only worsened the conditions on Brazil.

His cronies would probably ask for a lot of prerequisites, and would surely on top of their corruption game before gambling in the said country is passed.

Corruption I believe is the core of every single government out there, be it democratic, communist or even a dictatorship, all of them have yet to make people believe in their plans which would honestly give 100% to these people. What I do think is, at least this would give them a chance to improve their state. The fundings might come in handy during the pandemic and that can help the COVID situation improve a bit.


It's not just the government, most of the gambling companies as we see on the forum as well, they provide immediate help and at the same time there are several government strategies that might help them along the way. They can honestly use that 1% of that 30% to provide those people with free psychologists or something, being immediate attention to such concerns and monitor the erratic behavior, it's not hard they all just need a well balanced system at the end of the day.

I believe Brazil could benefit from the tax revenue, however going by the current government of Brazil and how they use the taxes they gather from the people, I severly doubt that they will put the gambling tax revenue to any good use. If anything it will land in the pockets of politicians and other corrupt people. As far as the legalization of gambling goes, it might be a good thing but I don't currently see how.

That is a good move for the Brazilian government economy.However they should use the taxes they will collect from the first year of allowing gambling in their country to build structures to attend to some victims(gambling addicts) as it is normal that there will be casualties.

If they manage to do this and there is plenty of money from the taxes to implement it then there is nothing to be worried,the victims will get their treatment and hopefully they will recover.They need also to use a lot of marketing in TV and media to tell people that gambling is a really high risk type of game where they can lose everything and that they should gamble responsible.Lots of things to be done if they want to do it right but I believe in the end even with some casualties it will be a huge benefit for Brazil economy if they legalize gambling.

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.

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.