Poll Shows Majority of Brazilians Support Legalized Gambling
Casinos and gambling are beginning to surge in popularity around the world, and Brazil may be the next country to embrace legalization. According to a report from local research firm Parana Pesquisas, a majority of Brazilian citizens support legalization of land-based casinos within the country’s borders.
45.7 percent of Brazilians polled said they would support the construction of brick-and-mortar casinos in Brazil. 45.5 percent, however, said they would not support the idea. Men were more supportive than women, with 57.7 percent of men saying they would support the idea. 56.8 percent of men also supported the idea of bingo halls. Just over 34 percent of women supported the idea of building casinos, while 35.2 percent were in favor of bingo halls.
A large number of those polled that had completed fewer levels of education and/or were unemployed at the time of the polling were vehemently opposed to the idea of gambling legalization. Brazilian lawmakers are currently weighing their options regarding legalizing gambling and the construction of casinos.
Brazil prohibited gambling with very few exceptions back in the 1940s. However, analysts believe that Brazil has massive potential if the law is ever reversed. Brazil has already proven to be quite attractive to major casino operators like Las Vegas Sands and Caesars Entertainment. Both of those corporations have said that they have kept an eye on Brazil regarding potential investment and expansion opportunities.
Brazil is home to more than 207 million people, which makes it one of the largest countries on the planet. Considering current gambling services within the country’s borders are illegally operated, it’s not currently possible to say what kind of gambling market already exists in Brazil. The Brazilian Legal Gaming Institute estimates that the country’s illegal gambling market could be worth about $6.4 billion. It could be worth about $17.5 billion on an annual basis in terms of gross gambling revenue.
Citizens can currently legally bet on horse races in addition to playing the state-operated lottery and poker. Brazil legalized bingo in the 1990s but banned it again back in 2007. Land-based casinos, online casinos and sports betting have been discussed and the possibilities have seemingly been gaining steam of late.
A pair of different bills have already been introduced into Brazil’s National Congress, but both are still waiting to be voted upon by Brazil’s Chamber of Deputies and the Senate. Differing opinions on legalization have stalled the progression of both regulation bills.
Deputy Cesar Halum Support
In early September, Deputy Cesar Halum said that he will begin gathering signatures in order to try and create a Parliamentary Front for the Legalization of Gaming in Brazil. Halum has been a staunch supporter of gambling legalization for quite some time.
Halum will need to gather 171 signatures in order to begin an earnest push for gambling legalization. Halum believes that legalizing gambling would give Brazil a massive new revenue stream that would improve its financial state overall. It would also help close the country’s budget gap. Halum has also said that a regulated gambling industry could generate more than $5 billion in tax revenue on an annual basis.
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