ANJL warns Brazil betting ban could put BRL 80bn in tax revenue at risk
The National Association of Games and Lotteries (ANJL) warned that reversing Brazil’s betting regulation could affect public revenue and encourage illegal betting. It said the change could mean about BRL 80 billion less in tax revenue over five years, citing data presented by the Ministry of Finance.
A regulatory reversal could affect tax receipts and the operating conditions of licensed betting companies in Brazil.