Angelo Coronel on the way to improve the fiscal situation is to fight smuggling and legalise gambling

Brazilian Senator Angelo Coronel, has declared to the Congress that the gaming industry,?once?legalised in Brazil, could generate around 20 billion in taxes to the Government annually, being an important tool to boost the country’s economy.??

“I?believe?we have?to take the opportunity that the Congress is discussing about revision of some legislations and legalise games in the country.?There are another R$20 billion that?could?oxygenate the economy?[within the gambling industry]”?said the?senator, as reported by the local news website iGaming Brazil.?

It is important to highlight that among many law projects?awaiting for votes in the National Congress, the Project?186/2014?is one of the most completes?in terms of?the legalisation of land-based?and online games in Brazil, such as bingos, iGaming, casinos, integrated resorts.?The project has been supported by diverse?politicians,?including the?senator?Angelo Coronel.?

The Senator is also a member of the?Parliamentary Front?of Gaming Regulations, which aims to discuss the topic. His position has been in favour of the legalisation in Brazil for years, as mentioned?in an article published by?iGaming Brazil.?

Brazil is one of the few countries member of G20?and the only one?in?Mercosul?that has not regulated the gambling industry yet.?The country has been facing a financial crisis and diverse politicians believe it is time to regulate the market, which would boost the economy, generate more jobs, taxes and revenue to the public coffers.?

The supporters?affirm?that the regulation in the country would attract more tourists for the region, thus?also boosting?the tourism sector in Brazil.?Regulation of integrated resorts has been greatly discussed?by the politicians.?

Another important point is that?the regulation in the country would help to eliminate illegal activities in the region such as “Jogo do?Bicho”, games operated in the black market, illegal websites and slots machines.?

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