Brazil is likely to have 32 casinos after new casino bill

Brazil is likely to have 32 casinos after new casino bill

5-7 Brazil is likely to have 32 casinos after new casino billReading Time: 1 minute

 

Brazil will be having 32 casinos across the country if and when the government approves the recently proposed casino bill.

According to the proposals in the bill, the states having a population of 15 million or less is eligible to have one casino, while the states having a populations between 15 million and 25 million is eligible to have two casinos. The states with more than 25 million people are eligible to allow three casinos.

As per the present population status of the country, this would mean there will be 32 casinos in the country.

According to data from 2017, only the state of São Paulo will get three casinos, as it has 45 million people. Minas Gerais, Rio de Janeiro and Bahia would qualify for two casinos and 23 other states could have one each.

Las Vegas Sands CEO Sheldon Adelson has reportedly proposed two casinos in Brazil, one in Rio and the other in the financial district of the city of São Paulo. The Rio casino could reportedly have a budget of $10bn, the city’s mayor said.


Source: Latest News on European Gaming Media Network
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