International edition
May 23, 2019

As a way to help solve the state's deficit

New Rio de Janeiro Governor Wilson Witzel in favor of casino legalization in Brazil

New Rio de Janeiro Governor Wilson Witzel in favor of casino legalization in Brazil
"We are committed to passing legislation and enable the installation of casinos in the state of Rio de Janeiro," said Wilson Witzel, newly-elected governor of the Brazilian state.
Brazil | 01/17/2019

The president-elect warned that the jurisdiction will be facing a dire fund deficit by July, and advocated for casinos as a way to raise additional revenue. "You only need to tune the control mechanisms and there will be no problem at all," said Witzel. The president of the Brazilian Federation of Housing and Nutrition (FBHA) Alexandre Sampaio, and the mayor of the city of Rio Marcelo Crivella have also backed the Governor's statements.

T

he president-elect warned that the jurisdiction will be facing a dire fund deficit by July, and advocated for casinos as a way to raise additional revenue. "You only need to tune the control mechanisms and there will be no problem at all," said Witzel. The president of the Brazilian Federation of Housing and Nutrition (FBHA) Alexandre Sampaio, and the mayor of the city of Rio Marcelo Crivella have also backed the Governor's statements.

The newly elected governor of Rio de Janeiro, Wilson Witzel, reiterated his support for casinos. Earlier this month, Witzel argued that the new security measures in place to fight crime and money laundering would make a regulated industry more feasible.

Last week, during the official introduction ceremony of the new state Attorney General Marcelo Lopes, Witzel reinforced his previous statements claiming that 'Rio will run out of funds in July', and advocating for casinos as a way to raise additional revenue.

"We are experiencing many setbacks. If we continue along this path and we don't adopt any contingency measures and we don't pursue active negotiation, we will reach July with an R$ 8 billion deficit, plus an R$ 11 thousand million surplus that the State will need to disburse. We must act now," explained Governor Witzel.

The Governor also called for efforts to legalize gambling in Brazil, which could directly benefit the state, since it is the main entry point for foreigners arriving in Brazil, and it is also the main domestic tourist destination in the country.

"We are committed to passing the necessary legislation to go forth casinos in Rio de Janeiro. It is unthinkable to me that the State is missing out on this activity. There is plenty of space and opportunities to house casinos here. We only need to tune the control mechanisms, and there will be no problem at all. Undoubtedly, the State will reap huge benefits," said Witzel.

Last Thursday, the President of the Brazilian Federation of Housing and Nutrition (FBHA) Alexandre Sampaio also backed the Governor's statements. "The FBHA is closely monitoring regulation updates, as I am sure that this will bring in significant revenue not only for companies linked to the sectr, but also for the national and local economies," said Sampaio. "The legalization of resorts and casinos would generate over R $ 15 billion in revenue per year in the country, in addition to creating 400 000 jobs and improving Brazilian tourism."

Back in December, the Mayor of Rio de Janeiro Marcelo Crivella also expressed his support towards the construction of a large casino in the city as a new way of further developing the docking and beach areas.

Specifically, he manifested his support of an initiative promoted by businessman Sheldon Adelson that would help develop the docking area of the city, amidst the so-called "Operation Porto Maravilha". Crivella argued that the new resort would have the capacity to generate thousands of jobs, reinforced by a series of measures that protect players.

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