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The article discusses the legality of sports betting in Brazil and how it differs from gambling. The author points out 2️⃣ that sports betting is legal in Brazil, however, it is not considered gambling, as the odds are fixed and not 2️⃣ based solely on chance. The article also compares and contrasts sports betting with gambling, highlighting the difference in dependence on 2️⃣ chance, registration, and transparency, and basis in statistics.
Furthermore, the article touches on the current legislation and new proposals regarding sports 2️⃣ betting. It mentions the Law 14.790/23, which was sanctioned in December 2024, allowing private companies to operate sports betting online 2️⃣ and in physical establishments, such as casinos and betting houses. This measure aims to increase tax revenue by regulating sports 2️⃣ betting.
Overall, the article provides clarity on the legality of sports betting in Brazil and highlights the potential for increased tax 2️⃣ revenue through regulation. It also emphasizes the differences between sports betting and gambling.
Please feel free to provide feedback or contribute 2️⃣ to the discussion in the comments section!