Posted on: June 13, 2022, 05:24h.
Last updated on: June 13, 2022, 05:24h.
Brazil’s Senate recently approved a bill that would authorize new lottery products to fund the tourism and health industries. However, that’s as far as it got, although it could make progress this week.
The bill creates two new lotteries to finance actions against COVID-19 in the areas of health and tourism. However, it is not advancing in the Chamber of Deputies. It was on the schedule for discussion last Monday, but slipped in priority.
It’s possible that the bill receives attention this week. However, it would still need a few more signatures before becoming law. The proposal to create the new lotteries started over a year ago at the height of the COVID-19 pandemic.
New Resources for Tourism
The proposal consists of the creation of the Health Lottery and the Tourism Lottery. These would allocate their resources, respectively, to the National Health Fund (FNS, for its Portuguese acronym) and the Brazilian Agency for the International Promotion of Tourism (Embratur, for its Portuguese acronym). The programs would receive both the revenue from the sale of the game and unclaimed prizes.
The Ministries of Health and Tourism would operate both lottery games. However, the Ministry of Economy would regulate those operations. The delay means that localized lotteries can begin to attract attention that will force the new national lottery products to enter the competition late.
The author of the bill, Senator Weverton, asserts that the bill will “contribute to strengthening the budget” following the damage the COVID-19 pandemic caused. He…