{"id":44,"date":"2024-06-12T06:35:24","date_gmt":"2024-06-12T03:35:24","guid":{"rendered":"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/brazils-billion-dollar-igaming-potential-a-regulatory-crossroads\/"},"modified":"2024-06-13T12:04:29","modified_gmt":"2024-06-13T09:04:29","slug":"brazils-billion-dollar-igaming-potential-a-regulatory-crossroads","status":"publish","type":"post","link":"https:\/\/luckycharmssweepstakescasinonodepositbonus.icu\/2024\/06\/12\/brazils-billion-dollar-igaming-potential-a-regulatory-crossroads\/","title":{"rendered":"Brazils Billion Dollar iGaming Potential: A Regulatory Crossroads"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/mR_ZsVoRe_Y\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Brazils projected iGaming sector could be worth upwards of US$2 billion each year, a recent study reveals. This valuation makes it a particularly enticing prospect for companies aiming to broaden their footprint.  The study, requested by the Remote Gambling Association and assembled by KPMG, posits that a controlled market could yield substantial income for the nation.<\/p>\n<p>The study stresses the importance of a &#8220;balanced and streamlined&#8221; licensing structure, a taxation system based on gross gaming income instead of total revenue, and safeguards for responsible gaming.  At present, the unregulated gambling sector in Brazil generates an estimated US$6.2 billion yearly, underscoring the necessity for effective oversight.<\/p>\n<p>Although legalization initiatives have been underway for a number of years, they&#8217;ve encountered resistance from certain legislators. Nevertheless, the possible financial advantages of a regulated market are significant and could deliver a considerable boost to the Brazilian economic landscape. <\/p>\n<p>The question of whether this fresh evidence holds sufficient influence to alter the administration&#8217;s position on the matter, and ultimately unravel this enduring enigma, is still unanswered. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brazils projected iGaming sector could be worth upwards of US$2 billion each year, a recent study reveals. This valuation makes it a particularly enticing prospect for companies aiming to broaden&hellip;<\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Brazilian iGaming: A $2 Billion Opportunity Awaits<\/title>\n<meta name=\"description\" content=\"A new study reveals the Brazilian iGaming market could reach $2 billion annually. 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