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Brazil finance minister defends 12% sports betting tax rate

Regulation

Brazilian Finance Minister Dario Durigan told the Chamber of Deputies’ Finance and Taxation Committee that sports betting tax measures aim to align the treatment of different types of income. He said Congress approved a 12% rate after the government proposed 18%, and put annual tax revenue from registered betting operators at about BRL9 billion.

The minister’s account sets out the government’s position on the tax rate and revenue from registered betting operators.

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Brazilian finance minister removes betting revenue estimate from 2027 budget proposal

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.

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