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Brazil debates higher taxes on fixed-odds betting

Regulation

A Portuguese-language article examines debate in Brazil over raising taxes on fixed-odds betting less than two years after regulation. It says Law 14,790 set a 12% rate on gross gaming revenue and reports R$3.8bn in public revenue from the sector in the first half of the year.

Operators face potential changes to tax rates and retroactive liabilities in Brazil.

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Regulation

Brazilian government prohibits fixed-odds betting under MP 1,394/2026

Brazil’s MP 1,394/2026 prohibits fixed-odds betting, according to a report discussing the measure and its effects on licensed operators. The report says 85 operators paid R$30 million each for five-year authorisations, totalling R$2.55 billion, and that the government will not refund fees for unused periods. Finance Minister Dario Durigan said investors would have predictability in Brazil.

Brazil's government has prohibited fixed-odds betting through MP 1,394/2026, according to the report. The measure ends authorisations that had been active for 22 months. The government will not refund the authorisation fees or the portion covering the remaining period, the report says.

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