A bill currently under review in the Chamber of Deputies proposes a 15% tax on bettors’ deposits, which could encourage migration to illegal betting operators.
Tax on Betting Deposits Could Expand Brazil’s Illegal Gambling Market, Industry Warns Read More »
The proposal returns to the Chamber of Deputies and sets out how resources would be allocated to fight organized crime; learn how the measure would work in practice.
A study commissioned by the Brazilian Institute of Responsible Gaming and conducted by LCA Consultoria projects a 10-percentage-point increase by 2033.
Betting Firms Estimate Tax Reform Will Raise Sector’s Burden to 42% Read More »
Signed sponsorship deals include clauses allowing termination in extreme regulatory scenarios, such as excessive tax increases; industry considers legal action.
Tax Hike on Bettors Threatens Club Contracts, Betting Firms Say Read More »
Even with advances in digital security, through the use of biometrics and financial traceability, the sector remains active in combating the clandestine market.
The first regulatory cycle for online betting in Brazil already shows significant progress, but also structural challenges that hinder the full consolidation of the licensed market.
The regulated sector advocates a strict fight against clandestine operations, which move R$ 38 billion annually without paying taxes.
Cracking Down on Illegal Betting Is the Path to Increasing Tax Revenue Read More »
The sector is the leading sponsor of national football, providing R$ 1.1 billion per season in master sponsorships to clubs in Brazil’s Série A.
According to a study by LCA Consultores and IBJR, the sector moves R$ 3.3 billion, increases tax revenue, and strengthens national sports.
Regulated Betting Market Boosts the Northeast’s Economy and Creates Skilled Jobs Read More »
