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Brazil Special Senate Committee Recommends Legalizing Gambling

Brazil Special Senate Committee Recommends Legalizing Gambling Brazil President Rousseff is dealing with impeachment as her country falls into economic despair, but gambling could come to her rescue. Brazil is once gambling that is again mulling, lawmakers in the cash-strapped country into the midst of economic devastation scrambling to find ways to fund the federal government without putting extra tariffs on citizens. The Brazilian Senate Commission for Regional Development and Tourism voted this week in favor of Bill 186 of 2014, legislation that would authorize up to 35 land-based casinos and invite gambling enterprises to commence operations online. Gambling enterprises have now been banned in the national country since 1946. Illegal gambling in Brazil is estimated become a nearly $5 billion annual industry, and legislators affirm tapping into that market will become necessary to offset a dismal financial year for the country. Moody Investors Service recently downgraded Brazil to ‘Junk Status’ citing a rapidly deteriorating economy and ‘worsening governability.’ Public Opinion Legalizing gambling and Internet gambling enterprises seems to be a viable solution to make up at part that is least of the mounting budget deficit. Persuading residents to get behind gambling might be a more difficult task than in other countries. Brazilians gambling that is associate corruption, many believing the venues become nothing more than utilities from criminal syndicates to meet and excha […]

By | February 26th, 2020|Casino Room Casino|0 Comments

Video Gaming Scandals and Bankruptcies in 2015: Sports and Gambling’s Megastories for the Year

 Video Gaming Scandals and Bankruptcies in 2015: Sports and Gambling’s Megastories for the Year Ah yes, gaming scandals and bankruptcies. Why must this be a category in gambling news at the end of each and every 12 months? Of most the gaming scandals and bankruptcy news in 2015, arguably the biggest story of all of the had been the arrest and indictment of 14 FIFA executives, but not President Sepp Blatter. Because, unfortunately, bankruptcies and scandals are apparently inevitable in a high-stakes world where fortunes are won and lost in a matter of seconds. 2015 wasn’t immune to news that is scandalous including a whopper involving widespread corruption at FIFA; a multi-million dollar lawsuit against a star poker player whom was accused of cheating; a longtime poker magazine shutting up shop; certainly one of golf’s best players accused of participation in an illegal gambling ring; and an alleged insider trading situation that could alter the landscape of daily fantasy recreations forever. But let’s start at the very top. FIFA Gets Kicked Match-fixing in soccer during the walk out occurs on a regular basis. But so-called fixing of World Cups is definitely an completely various pastime. Come early july, key officials within FIFA, professional soccer’s governing body, were rounded up by the Department of Justice (DoJ) and charged with widespread, systemic corruption. The charges included fraudulence, cash laundering, and bribery. In most, the DoJ, aided by a study by the FB […]

By | February 26th, 2020|Casino Room Casino|0 Comments
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