In his participation in the panel "Economic and social impact of the regulation of Lotteries, including aspects of territoriality" at CGS Recife, the president of the National Association of Games and Lotteries (ANJL), Plínio Lemos Jorge, defended the union of the industry, which needs to be focused on the legacy it will leave for Brazil following the regulation of the sector.
Plínio Lemos Jorge highlighted the social and economic benefits that the sports betting and online gaming market will bring to the country once it is regulated.
The CGS Recife, which took place last week at the Recife Expo Center, gathered the main names in the sports betting and online gaming market, to discuss the current scenario of the industry in Brazil and the expectations for the next year, following the conclusion of the sector's regulation.
The debate was moderated by Lisandra Branco, CEO of Salis Capital, and featured the participation of the president of the State Lottery of Rio de Janeiro (Loterj), Hazenclever Lopes Cançado.
In July, Loterj had obtained a judicial decision ordering the blocking of all betting sites that did not have the state license to operate in the territory of Rio de Janeiro. However, due to technical issues, the order ended up blocking the operations of the bets in other states as well.
The scenario generated great legal uncertainty in the sector, amid the progress of federal regulation. After an appeal from ANJL, the Federal Regional Court of the 1st Region (TRF-1) reviewed the decision and lifted the block. On Thursday (29), Loterj announced that it had withdrawn from the action.
At the roundtable, Plínio stated that, regardless of any differences in understanding about the legislation, betting houses need to be united around the same purposes, among them the care for the image and reputation of the market, which has been constantly targeted by criticism from other sectors of the economy.
“It is necessary for us to show that the industry is not bad. It is a service provision. It will be a sector that, from legalization, will contribute a lot to Brazil, mainly through revenue generation. In ANJL's assessment, the research that has been published is a bit premature, since, in a completely deregulated market, the data do not have a scientific basis,” explained Plínio.
The benefits through revenue generation to which Plínio refers will come from a 12% contribution on the GGR (Gross Gaming Revenue) and from the taxes that will be collected from the betting houses, whose total tax burden in Brazil already exceeds 30%. In addition, bets authorized to operate by the Central Bank will have to pay R$ 30 million for the federal authorization, which will need to be renewed every five years.
Launched in March 2023, the National Association of Games and Lotteries defends the interests of its members, the sector, and responsible and honest gaming, always guided by the encouragement of sports, the security of bets, and the contribution to the economic development of the country.
Among the members are galera.bet/Playtech, Big Brazil, F12, PagBet, Betnacional, Mr. Jack, Parimatch, BetFast, Aposta Ganha, Liderança Capitalização, Zro. Bank, Propane, Paag, Clear Sale, BetBox tv, StarsPay, WEpayments, 1xBet, and PG Soft.
Source: GMB
