Legal Betting
Cracking down on the illegal betting market could generate more revenue for the government than imposing additional taxes.
IBJR – Instituto Brasileiro de Jogo Responsável
Cracking down on the illegal betting market could generate more revenue for the government than imposing additional taxes.
In addition to disregarding regulations and fueling organized crime, illegal betting operations fail to generate an estimated R$10.8 billion in taxes each year, according to André Gelfi, advisory director and co-founder of the Brazilian Institute for Responsible Gaming (IBJR).
Fighting Illegal Betting Is More Effective Than Raising Taxes Read More »
The acting president of an institute representing 70% of the regulated digital betting sector criticizes the lack of dialogue in the debate over taxation.
Bets Have Become a “Quick Fix” for Government Revenue, Says Association Read More »
Online betting companies are expected to generate US$4.139 billion (around R$22 billion) in revenue in Brazil in 2025, positioning the country as the fifth-largest market in the world for the sector, according to data obtained exclusively by BBC News Brazil from the international consultancy Regulus Partners, which specializes in the sports and leisure industry.
How Brazil Became the World’s 5th Largest Betting Market Read More »
The Brazilian Institute for Responsible Gaming (IBJR) states that raising taxes on licensed operators could weaken the regulated market and reduce tax revenue.
Bets advocate combating illegal gambling to increase revenue Read More »
The Institute warns that raising the tax rate from 12% to 18% could lead bettors to migrate to illegal platforms that do not follow Brazilian protection regulations; see the official statement.
IBJR criticizes tax increase in report on Provisional Measure 1,303 regarding betting Read More »
The Federal Revenue Service reported that taxation on bets brought R$ 5.62 billion into public coffers in the first eight months of this year. In August alone, R$ 890 million was collected, and if this level is maintained, the government is expected to raise R$ 9.18 billion, not considering the increase of the GGR from
“They are in the room.“ Everyone has seen the videos from the successful campaign against illegal gambling in Brazil, promoted by the Brazilian Institute for Responsible Gaming (IBJR).
The Brazilian Institute for Responsible Gaming (IBJR) has launched a tool that allows any user to quickly verify whether a betting company is regulated by the Federal Government.
BetAlert | Responsible Gaming Institute launches website to check if a bet is illegal Read More »