“The Treasury will have the absolute control on each real (Brazilian currency) that enters and leaves a bingo hall”, said the representative, who thinks that the project legalizes on one hand and, on the other hand, punished those do not respect the law. “Which now is a infringement is to be considered a crime, with penalties of up to five years of imprisonment, a fine and closure,” said representative João Dado, head of the Technical base of the project.
The approval of the project results strategical because, on top of the immediate effect of the reopening of thousands of venues in all the states, it opens the space for the liberalization of other games in the future, as casinos.
A study requested by the Brazilian Bingo Association, targets the gaming markets with a potential tu run us$ 5,362,345,280 annually, more than three times of what Caixa manages with all its lotteries.