Brazilian president signs legal framework for digital games industry in Brazil

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Brazilian President Louis Inácio Lula dad Silva sign In law THE legal frame For THE electronic Games industry In Brazil.

THE project establishes legal base For game activities In Brazil, And favors contributions has THE growth of THE walk In THE country.

As A relatively young industry, game always has has be aggressive about get to access has THE even cultural And government acknowledgement as other entertainment, as GOOD as tax breaks. Games are Also A industry Or — has less In most years — there East THE promise of job creation In THE future.

Rodrigue Earth East president of Abragams In Sao Paulo, Brazil. He said In A recent interview with GamesBeat that Abragamas, Brazilian Association of Digital Game Developers, had recommended For years For THE official acknowledgement of Games as A industry by THE government, as GOOD as tax breaks In light of THE potential of game has create A vibrant game industry In THE future.

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Earth said THE Brazilian industry has has been follow up other policy movements on in the name of of Games around THE world, including Canada And South Korea. He note that Canada, THE United Kingdom And France to have had tax breaks For a lot years. He took five years has get has THE indicate of having A Invoice ready Before Congress has TO DO research on THE size of THE game walk, which East huge.

Base on A investigation, Brazil generated $2.3 billion In income In 2021 And he East growth has 5% A year. THE country has more that 1,000 game studios And 12,000 workers. That do he THE 12th largest game industry In THE world.

In 2022, Brazil was class as THE fifth largest walk For players with 102 million players, according to has Newzoo. THE industry grown up 3.2% that year, even as THE of the world game industry contracted by 5%, according to has THE Brazil Game Investigation, released In 2023.

About 80% of THE population pieces Games, with PC And console players playing A average of 5.12 hours A week.

Brazilian president signs legal framework for digital games industry in Brazil

Are You look has showcase your brand In in front of THE game industry high leaders? Learn more about GamesBeat Summit sponsorship opportunities here.

Brazilian President Louis Inácio Lula dad Silva sign In law THE legal frame For THE electronic Games industry In Brazil.

THE project establishes legal base For game activities In Brazil, And favors contributions has THE growth of THE walk In THE country.

As A relatively young industry, game always has has be aggressive about get to access has THE even cultural And government acknowledgement as other entertainment, as GOOD as tax breaks. Games are Also A industry Or — has less In most years — there East THE promise of job creation In THE future.

Rodrigue Earth East president of Abragams In Sao Paulo, Brazil. He said In A recent interview with GamesBeat that Abragamas, Brazilian Association of Digital Game Developers, had recommended For years For THE official acknowledgement of Games as A industry by THE government, as GOOD as tax breaks In light of THE potential of game has create A vibrant game industry In THE future.

FR Event

GamesBeat Summit Call For Speakers

Were thrilled has open OUR call For speakers has OUR flagship event, GamesBeat Summit 2024 hosted In The bone Angeles, Or We will explore THE theme of "Resilience And Adaptation.”

Apply has talk here

Earth said THE Brazilian industry has has been follow up other policy movements on in the name of of Games around THE world, including Canada And South Korea. He note that Canada, THE United Kingdom And France to have had tax breaks For a lot years. He took five years has get has THE indicate of having A Invoice ready Before Congress has TO DO research on THE size of THE game walk, which East huge.

Base on A investigation, Brazil generated $2.3 billion In income In 2021 And he East growth has 5% A year. THE country has more that 1,000 game studios And 12,000 workers. That do he THE 12th largest game industry In THE world.

In 2022, Brazil was class as THE fifth largest walk For players with 102 million players, according to has Newzoo. THE industry grown up 3.2% that year, even as THE of the world game industry contracted by 5%, according to has THE Brazil Game Investigation, released In 2023.

About 80% of THE population pieces Games, with PC And console players playing A average of 5.12 hours A week.

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