News

Increased tax burden on sports betting would favor illegal gambling, industry experts say

Six associations representing the sports betting sector expressed concern about the possible increase in the tax burden on operating companies...

Betting firms say illegal houses move more than twice as much as regulated ones

Online betting sector protests against the possibility of increasing the tax burden on operators to compensate for the possible revocation...

Bets claim that increased taxation will lead to loss of revenue and increased illegality

Entities repudiate the measure and say that taxation could make the operation of many companies that invested in the country...

Six out of ten gamblers used illegal bets this year

Around 61% of gamblers used underground sites in 2025, survey reveals

The survey was commissioned by the Brazilian Institute of Responsible Gaming (IBJR).

The betting industry’s reaction to the government’s proposed tax increase

Research shows that between 41% and 51% of the Brazilian betting market remains illegal and tax losses could exceed 10...

Bets claim that increased taxation will lead to loss of revenue and increased illegality

Entities repudiate the measure and say that taxation could make the operation of many companies that invested in the country...

Taxation of bets makes operations unfeasible and favors the parallel market, says IBJR

Government proposed increasing taxation on betting revenue from 12% to 18% in order to replace the increase in IOF

“We cannot accept it,” says betting institute about tax hike

President of IBJR, an organization that represents the main legalized operators, says that the government's measure compromises the viability of...