Could Gambling Legalization be a positive thing for Brazil?

[adzino]

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.

[Lanatsa]

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.

[aioc]

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.

[Wexnident]

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.

[ultrloa]

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.

[Mahanton]

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.

[Rengga Jati]

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.

[coin-investor]

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.

[Darker45]

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.

[alegotardo]

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.

[xSkylarx]

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.

[cafucafucafu]

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.

[timerland]

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 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.

[Fundamentals Of]

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.

[Wawa2013]

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.

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.
 

[traderethereum]

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.

[cabron]

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.

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.
 

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.

[worle1bm]

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.

[acroman08]

The president have stern thinking and he is against it

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.".

[ultrloa]

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.

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.