October 30 2018: Yogonet reports that the conservative, far-right, national congressman Jair Messias Bolsonaro, has been elected as Brazil’s next president after securing 57.7 million votes, 55% of the country’s total.
Bolsonaro granted his first interview as president-elect in Rio de Janeiro, accompanied by allies such as Magno Malta (PR-ES) and Onyx Lorenzoni (DEM-RS), opponents of legalized gambling in the nation. This hint, together with press statements that portray Bolsonaro as a “conservative very much close to Evangelicalism advances,” suggest that the government may not be willing to legalize this activity.
Some industry members even believe that Bolsonaro’s closeness to Magno Malta may pose a threat to gaming regulation. “Even taking into account the importance of traditional, conservative and religious values to the president-elect and those surrounding him, the fact is that the gambling industry generates tax collection, investments, and jobs,” Brazil’s pro-gambling analysts assure.
The article continues on the Yogonet website.