Could Gambling Legalization be a positive thing for Brazil?

[fiulpro]

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.

[bittraffic]

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.

[swogerino]

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.

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.

[goldkingcoiner]

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.

[fiulpro]

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.

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 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.

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.

[dothebeats]

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.

[avikz]

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.

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!

[teddybear]

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).

[crwth]

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.

[Zilon]

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

[Fortify]

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 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.

[DU18]

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 ?

[wildan88]

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.

[24Kt]

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.

[wxa7115]

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.

[goaldigger]

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.

[DoublerHunter]

~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.

[harizen]

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.

[Sled]

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.

[sunsilk]

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.