Brazilian President Michel Temer has signified his support to gambling expansion bills that will be passed by legislators, provided that he will stay in his seat.

Temer is currently facing an important vote that will make or break his career. The Brazilian legislature is set to vote on whether the president should stand trial on charges of racketeering and obstruction of justice.

Well, Temer is expected to survive the vote, which would require a two-thirds majority of the Chamber’s 513 deputies to send him to trial. Also, with 185 deputies currently involved in corruption probes, it would really be hypocritical to send a member of their kind packing.

Last week saw the inaugural meeting of Brazil’s Chamber of Deputies’ new parliamentary front for gambling regulation, which has set a goal of approving long-stalled legislation that would authorize the launch of land-based casinos and other gambling options, including as-yet undetermined online gambling products.

Studies indicated that the Brazilian gaming market, with the legalization of all modalities, casinos, jogo do bicho, bingos, video-bingos, video-games, sports betting and online games, have the potential to raise US$ 18.5 billion gross or about US$ 5.5 billion per year in taxes.

With Temer enjoying enough support to make him stay in power, the legalization of gambling in Brazil stays on track. The said move will provide the government a new source of revenue it desperately needs.

The Telangana state cabinet in India is eyeing the approval of a bill that will make permanent the decrees it previously issued against online gambling.

Yuri Lebedev, a software engineer who was involved in the operation of cryptocurrency exchange Coin.mx, has been sentenced to 16 months in prison. 

UK National Lottery operator Camelot has set an ambitious $4 billion annual sales goal for the flailing Illinois Lottery next year.

While Macau is by far the world’s single largest casino market, the U.S. produces the most overall gambling revenue in the world. In 2016, Americans spent an estimated $116.9 billion on gambling.

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Christopher Spears has been appointed as the new Senior Vice President and General Counsel of International Game Technology PLC. Spears will be responsible for overseeing all legal and corporate governance matters for the company.

Congratulations to Thomas Rosander for being appointed as the CEO of Dunder. Recently, he was responsible for the turnaround of Swedish online casino Mr Green as its Chief Product Officer and Chief Operating Officer. Rosander also held senior management positions with bwin.party, Ongame and Electronic Arts.