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Brazil government backs Renan bill proposing higher taxes on betting firms

Regulation

Brazil’s government political liaison team plans to support Senator Renan Calheiros’s bill to raise taxes on betting companies, fintechs and banks, although the text remains under discussion, according to a media report. Calheiros said the Senate Economic Affairs Committee may consider it in the second half of November. The report says the proposal would include a 24% rate for betting companies, but the excerpt ends before giving further details.

A proposed tax increase could change the fiscal obligations of betting companies operating in Brazil.

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Lula backs security bill proposing 30% of betting revenue for public security funds

Brazilian President Luiz Inácio Lula da Silva backed the proposed public security constitutional amendment on 27 August and said he would create a Ministry of Public Security if the Senate approves it. The text passed by the lower house would allocate 30% of fixed-odds betting lottery revenue to the National Public Security Fund and National Penitentiary Fund. Figures cited in the report show the sector contributed R$614,368,595.12 to the security fund in 2025.

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