Sports News
| Published On Oct 13, 2023 7:55 am CEST | By iGaming Team

Senator Angelo Coronel Chosen as Rapporteur for Sports Betting Bill

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The selection of PSD-BA senator Angelo Coronel as the bill’s rapporteur is anticipated to have a significant effect on how sports betting will develop in Brazil. The choice to nominate Senator Coronel is seen favorably for the advancement of the measure, even though Senator Jorge Kajuru was previously anticipated to occupy this position.

Currently, Senator Coronel, the bill’s rapporteur, is debating it in the Economic Affairs Committee. Additionally, Senator Romário, the reporteur, is reviewing it in the Sports Committee. After the measure has been examined by these two committees, it will move on to the entire Senate for a final vote.

Market’s Positive Response

The choice of Senator Angelo Coronel as the rapporteur has been well received by business executives. He has previously worked as the rapporteur on a measure that sought to establish resort casinos in a different Senate committee. He is well known for his ardent support of the legalization of various types of gambling.

Senator Angelo Coronel expressed his enthusiasm for the bill’s potential, stating, “The revenue potential of an economic activity that has already been incorporated into the lives of Brazilians only confirms the certainty that the proposal is welcomed. The path opened, capable of breaking with paradigms of a moral nature, allows us to delve deeper into the subject and propose broader changes in our legislation, regulating, for example, the so-called games of chance, especially in resorts.”

He also stressed the economic advantages of accepting different types of gambling, including the promotion of social development in areas with casinos, the luring of tourists, the creation of jobs, and the contribution to national economic growth.

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Bill 3.623/24 has received amendment suggestions after being accepted in the Chamber of Deputies, requesting modifications to the current wording. It now falls to Senator Angelo Coronel to carefully analyze and provide an informed opinion on the bill. The chairman of the committee, Senator Vanderlan Cardoso, appointed Coronel as the rapporteur, highlighting the importance of his role in shaping the future of sports betting in Brazil.

It is a crucial time for the sector and its future in the nation as Senator Angelo Coronel’s appointment is anticipated to provide new perspectives and insights to the ongoing debates over the Brazilian sports betting bill.