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designer bags cyber mondayThe measure takes immediate effect but must be voted on by Congress within four months to remain valid.
Under the new regulation, companies will be subject to an 18% tax on so-called Gross Gaming Revenue (GGR).
According to the proposal, national or foreign legal entities established in the country and meeting the requirements set forth by the Finance Ministry may apply for authorization to operate fixed-odds betting lotteries.
However, the necessary sector regulation was never implemented.
Internet sports betting firms, including bet365, Betano, and Betfair, have been expanding globally and strengthening their presence in Brazil by sponsoring major soccer clubs.
7233 reais)
Reporting by Marcela Ayres Editing by Mark Potter
Our Standards: The Thomson Reuters Trust Principles.
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designer bags cyber monday
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