Monthly Archives: December 2023

The House of Representatives approved Bill of Law 3626/23, known as the “Betting Bill of Law“. The Bill of Law, after being amended by the Federal Senate, returned to the House where it was approved with additional amendments. Consequently, the following provisions were established: Online games have been reinstated into the range of modalities encompassed…

Yesterday, 12 December, the Senate approved the Bill of Law 3626/23, commonly referred to as the “Betting Bill of Law“. The key modifications compared to the original text from the House of Representatives are as follows:   The taxation rate for betting operators has been set at 12% of Gross Gaming Revenue (GGR), a significant…