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Brazil betting study projects tax burden could reach 42% by 2033

Regulation

A study commissioned by the Brazilian Institute of Responsible Gaming projects that the tax burden on Brazil’s betting sector could rise from 32% to 42% by 2033 amid tax reform. LCA Consultoria conducted the study; industry representatives warned that higher taxes could affect operators and consumers.

The projected tax increase could affect betting operators and consumers as Brazil’s tax reform proceeds.

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Regulation

Brazil betting operators protest online betting ban through football advertising

Licensed operators linked to ANJL and IBJR displayed protest messages at Brazilian top-flight football matches after Provisional Measure 1,394 banned online betting. They warned the ban could push bettors towards illegal operators and disrupt sponsorships and investment planning in sport.

Licensed betting companies displayed protest messages on advertising hoardings at Brazilian top-flight football matches, in a joint action against Provisional Measure 1,394, which banned online betting in Brazil. Companies associated with the National Association of Games and Lotteries (ANJL) and the Brazilian Institute of Responsible Gaming (IBJR) gave up space on the boards around the pitch during matches on Friday and Saturday. The signs read "To prohibit is not to protect" and "The ban doesn't end gambling".

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