Research shows that between 41% and 51% of the Brazilian betting market remains illegal and tax losses could exceed 10 billion reais per year
The betting industry’s reaction to the government’s proposed tax increase Read More »
Entities repudiate the measure and say that taxation could make the operation of many companies that invested in the country with market regulation unfeasible
Bets claim that increased taxation will lead to loss of revenue and increased illegality Read More »
Government proposed increasing taxation on betting revenue from 12% to 18% in order to replace the increase in IOF
Taxation of bets makes operations unfeasible and favors the parallel market, says IBJR Read More »
President of IBJR, an organization that represents the main legalized operators, says that the government’s measure compromises the viability of the business and strengthens the illegal market
“We cannot accept it,” says betting institute about tax hike Read More »
Higher tax costs would imply transfers to bettors or margin compression, argue industry representatives
Bets speak of “operational unfeasibility” and incentive to illegality with higher tax Read More »
Entities representing the sector issued notes criticizing the proposal, which could result in an increase in the IRPJ rate from 12% to 18%
Government proposes increasing tax on betting to compensate for loss of IOF revenue Read More »
A report released this Thursday estimates that pirate operators move up to R$40 billion per year; a scenario that encourages manipulation of results in sports.
Figures show that more than half of bettors used illegal websites this year.
Research reveals that 61% of bettors used illegal bets in 2025 alone Read More »
Research was carried out between April and May with 2 thousand adult gamblers.
Six out of ten gamblers used illegal bets this year Read More »
