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Brazil betting CEO warns higher GGR tax could benefit illegal market

Regulation

Brazilian betting CEO Marco Tulio Oliveira said rising taxes could undermine efforts to reduce illegal betting. Brazil’s GGR tax rate has risen from 12% to 13%, and could reach 15% next year; Oliveira estimated that about 50% of the market remains unregulated. He also said operators generated approximately BRL 2.5 billion in tax revenue during the first two months of 2026.

Rising taxes could undermine efforts to reduce illegal betting in a market Oliveira says remains largely unregulated.

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Regulation

Brazil finance minister backs tighter betting oversight and higher taxes

Brazilian Finance Minister Dario Durigan advocated stronger oversight and higher taxes on betting companies at an event on 24 July, while also backing restrictions for people in financially vulnerable circumstances. He said the government wants to use operator betting data to identify frequent bettors and prevent benefit recipients and people using the Desenrola debt programme from betting. Durigan also said the government was working to reduce betting advertising.

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