Brazilian Senator Angelo Coronel has been tapped to spearhead bill 3626/23, legislation with significant implications as it seeks to establish regulations for the nation’s sports wagering sector. A vocal advocate for the legalization of various gaming activities, Coronel previously championed efforts to legitimize casinos.
The proposed legislation, already approved by the Chamber of Deputies, faces scrutiny from the Senate’s Sports Committee (Cesp), which proposes 49 modifications. Currently, both the Economic Affairs Committee and Cesp are conducting a 45-day examination.
Following their review, the full Senate will engage in deliberations and vote on the bill. A sense of urgency surrounds the process, as a constitutionally mandated “urgency regime” commences after November 11th, underscoring the seriousness of finalizing the legislation. This push for regulatory clarity gained momentum in July when President Lula enacted Provisional Measure 1,182, establishing the foundation for a sports betting framework.
This edict, labeled as a “short-term action,” essentially permits the Brazilian leader to swiftly advance proposals directly to the legislature for approval. This holds significant weight for sports wagering in the country because, until this point, the entire operation has functioned without concrete national legislation, primarily fueled by these foreign-based providers.
