ANJL warns Brazil betting tax increase could make operations unviable
A proposed six-percentage-point increase in tax on betting operators’ gross gaming revenue could make businesses unviable in Brazil, ANJL president Plínio Lemos Jorge warned at the Bet Summit in Brasília on 8 July. Jorge said the association’s study found that some operators might leave the market, potentially reducing government revenue as companies withdraw.
The proposed tax change could affect operators’ ability to remain in Brazil’s regulated betting market.