Brazilian President Nixes Legalised Sports Betting

Sports betting among 36 clauses vetoed by Rousseff

Brazilian president Dilma Rousseff has killed off an attempt to legalise sports betting in Brazil, vetoing 36 clauses before signing a bill which had been approved by the Senate.
The bill contained provisions for the creation of two new lotteries, including the country's first legal fixed-odds sports betting products. President Rousseff vetoed the fixed odds provisions, explaining that the creation of betting products would require a more comprehensive regulation, to ensure greater legal and economic security to the sport, adequate levels of fraud control and tax evasion.
The President was also concerned at the bill's lack of mechanisms "to prevent possible social impact."

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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