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Betano criticises Brazil betting ban and warns of R$10bn tax risk

Regulation

Betano said it was complying with Provisional Measure 1,394/2026 while criticising the measure’s prohibition of online betting in Brazil. The company argued that the ban could shift customers to illegal operators and put at risk nearly R$10 billion in sector tax revenue; it said it would prioritise retaining staff and pause initiatives dependent on regulated operations.

Betano says the ban could shift customers to illegal operators, threaten tax revenue and affect staff and regulated initiatives.

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Regulation

Receita Federal secretary forecasts replacement tax revenue after Brazil betting ban

Receita Federal secretary Robinson Barreirinhas said Brazil’s fixed-odds betting ban would redirect spending and increase tax receipts elsewhere in 2027, reported by BNLData. The outlet contrasted the government’s estimated R$5.8bn revenue loss with R$6.3bn collected from betting between January and August 2026.

Robinson Barreirinhas, secretary of Brazil's Receita Federal, said in an interview that he is not concerned about the revenue lost through the provisional measure that banned fixed-odds betting. According to Barreirinhas, money that would have gone to betting operators will instead be spent in retail, services and goods, which he said would raise tax receipts in other sectors. He said he had no doubt that receipts from other segments would rise in 2027.

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