A new report in Brazil proposes the legalisation of casino gaming.
It envisages the Brazilian gaming market would be able to grow considerably, allowing for as many as 35 casinos to be created. The proposal has now been set before the Special Committee on National Development for consideration.
Presented by Renan Calheiros, the President of the Senate, the new rules would allow 35 casinos to be located in Brazil, with at least one in each state. Some states would be allowed to have as many as three casinos. This would be based on the population and economic future of the state.
The proposal would allow for casinos to be constructed across Brazil and each state would have the option to decide if they would like to be given a casino gaming licence. The casinos would be allowed to offer gaming and can only be located in a hotel leisure complex which would offer meeting and event space, shopping centres, bars and restaurants.
A casino licence would have a time frame of 30 years before expiration and the amount spent for the casino license would be based on the total investment for the complex as well as the amount of jobs created. The casino can take up as much as 10 per cent of the total area of the complex created.
