Jogo do Bicho, Brazil’s iconic and unofficial lottery game, might soon see a transformation in its legal status. As the Brazilian government continues to debate the regulation of gambling, including physical casinos and horse racing, there’s increasing speculation that Jogo do Bicho could also be legalized.

This potential shift aims to bring the substantial, yet informal, economic activity generated by the game under formal regulation, promising benefits like increased tax revenue and better player protections.

The Size of Jogo do Bicho

Jogo do Bicho is a significant player in Brazil’s informal gambling market, with its annual turnover estimated to be between $3.5 billion to $5 billion USD. This vast economic footprint highlights the game’s widespread popularity across the country, despite its illegal status. This substantial revenue generation underscores the potential financial benefits that could be harnessed through legalization and regulation​.

Variations of Jogo do Bicho

Due to its unofficial status, Jogo do Bicho has spawned numerous variations across Brazil. Each city often has its own localized version, with slight differences in rules and methods of play. This adaptability has helped maintain the game’s popularity.

Online casino providers have also adapted Jogo do Bicho, offering digital versions that feature enhanced graphics, interactive elements, and diverse betting options. These online adaptations make the game accessible to a broader audience while preserving its traditional appeal​.

New Law Will Regulate Jogo do Bicho

Brazil is currently exploring comprehensive gambling reforms, which include the potential legalization of physical casinos and horse racing. Within these discussions, the regulation of Jogo do Bicho is also being considered. Legalizing Jogo do Bicho could formalize an enduring cultural practice, ensure fair play, and reduce associated criminal activities. Furthermore, it would allow the government to tap into a new revenue stream, supporting public services and infrastructure​.

As Brazil moves forward with its regulatory changes, the inclusion of Jogo do Bicho in the legal framework represents a significant opportunity to blend tradition with modern oversight, ensuring the game can continue to thrive in a safe and regulated environment.