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Brazil Considering to Pass Gaming Legislation to Help Balance Its Budget

Brazil is considering forging ahead with online gaming regulation to potentially help balance the country's budget, which was recently presented by Brazil's President, Dilma Rousseff (pictured), to the country's congress last week and includes a staggering $17 billion in spending cuts.

Poker Industry Pro editor Jocelyn Wood reported that Rousseff conducted a high-level meeting with her senior ministers and other leaders of her political coalition to gauge the support for new legislation to be passed to tax and regulate online gaming in the country.

This is a turnaround from recent events that have taken place in the country.