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Brazil: Casino legalization debate draws cautious support from São Paulo trade federation

São‌ Paulo Trade Federation Signals Tentative Backing for⁣ Casino Legalization in Brazil

SÃO PAULO,BRAZIL – October 7,2025,06:20:20 BRT ‌ – The São Paulo state Federation ⁣of Trade in Goods,Services and Tourism (Fecomércio SP) ⁤has expressed cautious support⁢ for the ongoing debate surrounding the legalization of casinos in Brazil,citing potential economic ‌benefits for the state. The federation’s statement marks a notable development ⁣in the discussion, adding a key business voice to⁢ the growing ‌chorus advocating for regulatory change.

The move comes as ⁢lawmakers ‌continue to⁤ deliberate on legislation that would authorize the construction and operation of integrated resorts, including⁢ casinos, across Brazil. Proponents argue that‍ legalization ⁢could generate significant tax revenue, create thousands​ of jobs, and boost tourism. Fecomércio SP’s endorsement, while tempered with calls for responsible regulation, underscores the potential for economic growth that casinos could unlock, particularly ‌in São Paulo, Brazil’s most populous state and​ economic powerhouse.the federation emphasized the need for⁤ a framework that prioritizes ⁤combating‌ money laundering and‍ problem gambling.

Fecomércio SP’s position was articulated following internal‌ discussions regarding the potential impact of ⁢casinos on the ⁢state’s commercial sector. While the federation did not⁤ offer a definitive endorsement of specific legislative proposals, it​ acknowledged the potential for increased ⁤revenue and employment opportunities. ‌The association ⁣stated it will continue to monitor the debate and advocate​ for regulations that protect consumers⁢ and ensure fair competition.

Brazil has historically maintained a complex relationship with gambling.‍ Casinos were ⁣legal until 1946, when they were ⁢outlawed. ‍Currently, only certain ‍forms of gambling are permitted, including the federal lottery and horse racing. Attempts to re-legalize ‌casinos have faced resistance from conservative factions ⁣and concerns about social impacts, but momentum appears to be building as⁣ lawmakers explore ‌new revenue streams and⁢ economic development opportunities. The debate is expected to⁤ intensify in the coming months, with⁣ a potential⁣ vote on‌ legislation anticipated before the end of ⁤2025.

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