
The Bill proposed by the Mayor of São Paulo, Ricardo Nunes, suggesting the creation of the Municipal Lottery, was approved in the City Council in a symbolic first vote. Now, the text will undergo further review in the Plenary, this time by roll call. The Bill stipulates that 50% of the net revenue will be allocated to the Municipal Social Development Fund. The operation will be in both physical and online modalities.
Based on the decision of the Supreme Federal Court (STF), which ended the Union's monopoly on lottery operations, the Mayor of São Paulo, Ricardo Nunes (MDB), presented to the City Council, a Bill for the implementation of a city lottery.
In a symbolic first vote, the city councilors approved the Executive's initiative. The government leader in the Council, councilor Fábio Ribas (MDB), highlighted that “the legislation that deals with lotteries is federal, but a decision of the STF, extends so that both states and municipalities can manage their own lottery and the money will be invested in public policies”.
The Bill foresees that the municipal betting houses may set up physical rooms in the city as well as operate in the online modality. The operation will be granted to the private sector, which will be responsible for formatting the modalities to be explored, planning marketing, and commercialization.
In the text of the Executive's proposal, it was defined that the gross collection will be divided as follows:
* Payment of prizes
* Income tax on the winnings
* Costing and maintenance
The net result will have part of its collection (50%) allocated to social projects, with the remainder divided for the reduction of the municipal pension deficit and for the payment of court orders.
Source: GMB