Brazil betting operators warn proposed Cide-Bet could drive users to illegal market
Brazilian betting-sector leaders and operators warned that proposed changes to the Antifaction Bill could create legal uncertainty and increase illegal-market activity. They criticised a proposed 15% contribution on player deposits, saying it would reduce a R$100 deposit to R$85; the bill awaited further review in the Chamber of Deputies.
The proposed deposit levy could change the amount available to customers and the tax treatment of regulated betting in Brazil.