Brazil's federal government is preparing a Selective Tax on online betting, with collection scheduled to begin in 2027, according to a media report. The government has internally set a rate but has not disclosed it or fixed a date to send the bill to Congress; the rate could change before submission.
Operators may need to assess the proposed tax's potential effect, but its rate and legislative timetable remain unsettled.
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Flutter chief executive Dan Taylor said the company’s UK restructuring, which will cut around 1,400 jobs, is intended to protect its consumer offering. Taylor also discussed the group’s opportunity in market-making in prediction markets, according to the report.
Flutter chief executive Dan Taylor said the decision to cut around 1,400 jobs will allow the group to protect its consumer offering. Taylor described the UK restructuring as a step that would "set us up to win in a post-tax environment".
Brazil's Federal Court of Accounts (TCU) unanimously dismissed a complaint alleging federal inaction over illegal betting, ruling that it did not identify a specific unlawful act or an unfulfilled duty. The court noted that the Ministry of Finance's betting secretariat had monitored and acted against unauthorised operators before Provisional Measure 1.394/2026; the measure remains subject to congressional review.
Brazil's Federal Court of Accounts (TCU) has dismissed and archived a complaint alleging omission, inertia or insufficient action by the state and federal bodies over the spread of illegal betting platforms. The Second Chamber approved ruling 5.284/2026 unanimously at its session on 27 October. It found that the complaint pointed to no unlawful act, no body that failed to act and no unfulfilled duty.
Brazilian Finance Minister Dario Durigan said on 5 November that suspending betting would reduce projected Selective Tax revenue and require an adjustment to 2027 budget planning. The government collected R$15.3bn in sector taxes between January 2025 and September 2026, according to figures presented by the Federal Revenue Service. Congress must review the provisional measure within 120 days, with the deadline extending to 5 March 2027; otherwise, the measure will expire.
Brazil's President Luiz Inácio Lula da Silva decided on 25 September to ban sports betting and online gaming, and this will reduce projected Selective Tax revenue next year. Finance Minister Dario Durigan announced this at a press conference on Thursday.
Brazilian government leader in Congress Senator Randolfe Rodrigues said the government would seek to pass the provisional measure banning sports betting and online gaming without amendments. He said a joint committee could be installed the following week, with votes in both houses targeted for 2026, although review could slip to 2027. Finance Minister Dario Durigan said the proposed ban would reduce projected 2027 Selective Tax revenue and require budget adjustments.
The joint committee that will evaluate Brazil's provisional measure banning sports betting and online gaming could be installed next week. The government's support base intends to leave the text entirely intact. Some amendments submitted to the measure propose leaving room for sports betting to continue.
Brazil’s Congress had not installed the mixed committee assigned to examine Provisional Measure 1.394/2026, which bans online betting, according to the report. The measure was due to enter urgency procedure on 9 November, and lawmakers had submitted 99 amendments by 13 October, five of which were later withdrawn; the report said the Supreme Federal Court was separately considering its constitutionality.
The mixed committee that is to examine Provisional Measure 1.394/2026 had still not been installed more than a month after the measure was issued. The measure bans online betting in Brazil.