ANJL president warns Brazil tax increases could threaten smaller betting firms
ANJL president Plínio Lemos Jorge said on 21 October that higher taxes on sports betting could undermine companies’ financial sustainability and push players towards illegal operators. He said smaller firms among the 80 licensed businesses might not survive and criticised the Finance Ministry’s proposal for retroactive tax collection; the government’s tax authority, he said, intended to pursue it.
The comments signal industry concern about the effects of proposed tax increases and retroactive collection on licensed operators.