Presidential candidate Augusto Cury advocated high taxes on sports-betting companies at a Brasília event on 18 August. He argued that online betting can cause dependence and divert household spending, and said higher taxation could discourage participation; he did not specify a tax rate.
Cury’s proposal would increase tax pressure on betting companies if adopted.
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Four candidates in Brazil's 2026 presidential election support prohibiting sports betting platforms, citing Folha de S. Paulo. The report puts the sector's 2025 public revenue at R$12.2bn and says the candidates have not specified replacement revenues. Other candidates propose tighter regulation, advertising restrictions or higher taxation.
Reportedly, Brazil’s 2026 presidential contenders have outlined differing approaches to online betting. Romeu Zema and Renan Santos support prohibition, while Ronaldo Caiado proposes closer financial monitoring and advertising restrictions. President Luiz Inácio Lula da Silva is considering restrictions, and Flávio Bolsonaro proposes preventing the use of social benefit payments for betting.
It was reported that Brazilian presidential hopeful Renan Santos said he intended to prohibit fixed-odds betting if elected. Santos is a co-founder of Movimento Brasil Livre.
Presidential candidate Renan Santos said he would prohibit betting houses in Brazil if elected. He said the legalised betting market generated R$12.2bn in four months.
Enrique Reyes, head of Ceuta’s Tax Services, said the city is home to more than 60% of companies authorised to operate online gambling in Spain. He said the sector supports about 1,200 direct jobs and proposed extending Ceuta’s 50% tax relief to any new taxes.