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Brazil Moves to Reshape Lottery Funding With Senate-Approved Bill
Brazil has taken another step towards changing the way lottery revenues are distributed to the country’s sports sector after the Senate approved legislation altering the transfer of lottery funds to the Brazilian Olympic Committee and other sporting organisations. The bill will now be submitted to President Luiz Inácio Lula da Silva for presidential sanction, potentially introducing a new framework for the distribution of revenues generated through Brazil’s lottery system. Th
1 day ago7 min read
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