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Caixa Publish New Circular Which Deals with The Regulation of Lottery Permits

August 2, 2022 | Government

The document deals not only with the format of authorizations, granted through bidding, but also with the permitted modalities and ways of installing and operating the lottery.

BRAZIL (July 29, 2022) — A new circular from Caixa Econômica Federal has just been published in the Federal Official Gazette and deals with the regulation of lottery permits, updating some of the practices already in force and condensing recent changes in the way it conducts lottery operations in Brazil.

Circular No. 999, of 07/28/2022, deals with the form of permission, granted through bidding, as well as the permitted modalities, forms of installation and operation of lottery and the performance of street vendors.

The document points out all the criteria for possible sanctions to licensees, rules of conduct for the lottery entrepreneur and the prohibition of “ selling any type of draw or lottery, or any games of chance, even if legally permitted, except with prior written authorization from CAIXA .”

The new Caixa Econômica Federal circular that regulates lottery permits can be downloaded here.

SOURCE: GMB