The Sports Commission of the Brazilian Senate held a public hearing on Bill 3.626/23, one of the final steps before the bill comes to a final vote, Yogonet reported October 23.
Senator Romário, the rapporteur for the bill, accepted some amendments to the bill and rejected others.
The senator said in a statement: “The approval of the bill has great potential to increase tax collection, organize the fixed-odds betting market, enable supervision, actions to curb the manipulation of results, guarantee the rights of consumers, and regulate the dissemination of advertising and propaganda.”
Amendments accepted deal with duration and terms of fixed concessions, and the communication, advertising and marketing of wagering agencies.
Senator Romário also presented some amendments, including one that would redistribute the allocation of funds from sports betting. He increased the amount given to sports from 6.63 percent to 6.68 percent.
Romário, who used to play soccer professionally, made an amendment to prevent match fixing in the game by forbidding wagers on isolated events.
He declared, “To curb the manipulation of results, betting on isolated events occurring during the sporting event is prohibited in soccer. In soccer, corner kicks, throw-ins, red cards, and yellow cards are considered isolated events.”
