ANJL projects illegal betting share could reach 82% in Brazil
The National Association of Games and Lotteries (ANJL) says a study projects that banning online casino games for licensed betting companies in Brazil could raise illegal sites' share of betting from 41% to 82%. The association also estimates that the country could forgo R$3.6bn to R$7.4bn in annual tax revenue; these are projections attributed to ANJL, not reported outcomes.
The projections frame the potential impact of a proposed ban on illegal-market activity and public revenue in Brazil.