Brazil Finance Minister shares appetite for full prohibition

The appearance of Brazil’s Finance Minister Dario Durigan on CNN Brazil will have only served to elevate the trepidation of the country’s gambling industry.

He revealed that the economic team in the country has not completely taken the possibility of banning the regulated market off the table.

There was a warning from Durigan that the tax revenue from the sector wouldn’t be enough to make it immune from being prohibited, with Durigan stating that “If it harms people, the revenue is not justified.”

Furthermore, an announcement from Luiz Inácio Lula da Silva is scheduled to announce his proposal to restrict gambling before Thursday the 24th.

The minister clarified that the fact that betting houses increase public revenue does not justify the increase in debt for Brazilian families.

Measures previously undertaken to ensure the banning of online casinos are expanded to become a more encompassing ban and include more verticals within the gambling sector.

Durigan added that if the go..

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