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Ana Gaming CEO warns Brazil tax increases could fuel illegal betting

Regulation

Ana Gaming chief executive Marco Tulio Oliveira said in an interview that higher taxes on gross gaming revenue could push activity towards Brazil’s illegal betting market. He said the rate rose from 12% to 13% this year and is expected to reach 15%; he also estimated that 50% of the market remains illegal and said operators’ tax costs can reach 30%-40% of total revenue.

Licensed operators face changing tax rates that Oliveira says could weaken their competitiveness against illegal betting platforms.

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ANJL asks Brazil court to preserve members’ betting authorisations

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