Brazilian Finance Minister Dario Durigan confirmed Daniele Cardoso as head of the Secretariat of Prizes and Bets (SPA), the ministry’s betting regulator. Cardoso takes over amid debate over betting regulation and a planned rise in gross gaming revenue tax from 12% to 18% by 2027.
The appointment places Cardoso at the head of Brazil’s betting regulator as tax and policy questions remain active.
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Brazilian Finance Minister Dario Durigan said on 5 November that the federal revenue estimate from betting would be removed from the 2027 budget proposal, with losses expected to be offset elsewhere in the economy. He estimated that about R$60bn a year would shift from betting to sectors such as retail and wholesale; the report disputes that figure, citing official data of R$36.9bn in operator gross gaming revenue in 2025 and R$20.07bn in the first half of 2026.
Brazilian Finance Minister Dario Durigan said in an interview on Thursday that the estimate of federal revenue from betting houses would be removed from the 2027 annual budget bill, known as the Ploa. According to the minister, the loss will be offset in other areas of the economy.
Brazil’s finance minister has compared a ban on betting sites to a plebiscite. The report places the ban within a wider political discussion.
Brazilian Finance Minister Dario Durigan said on 17 September that the government had made no decision on banning or imposing stricter restrictions on betting. He said discussions focused on the cost of living and household income, citing R$62bn flowing from families to betting. The report said that figure does not represent industry gross gaming revenue and listed different reported GGR figures for 2025 and the first half of 2026.
Reportedly, Brazil’s finance minister supported regulating betting and strengthening controls. The minister stopped short of backing a gambling ban as calls for prohibition increased.
Dario Durigan, Brazil's finance minister, came out in support of regulating betting and tightening oversight of the industry, though he avoided endorsing a ban on gambling. According to him, public accounts do not rely on betting revenue to stay balanced. The rules, he added, have long been consolidated and were never meant to generate income.
Brazilian Finance Minister Dario Durigan said in a 21 August interview that 5 million people were barred from online betting and another 1.2 million had self-excluded, bringing the total to 6.2 million. He supported regulating the sector rather than banning it, saying a prohibition could encourage illegal betting. Durigan also said President Luiz Inácio Lula da Silva would have preferred to end betting.