Brazil's government promoted higher taxes on fixed-odds betting in a social-media video, according to the article. The proposed bill would raise the rate from 12% to 24%, but Congress had not approved it; the article said the proposal was intended to increase revenue and warned it could affect the regulated market.
A proposed tax increase could change operators’ tax obligations if Congress approves it.
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Brazil’s Federal Revenue Service projected R$260 million in revenue from an increase in gross gaming revenue taxation for betting operators. Secretary Robinson Barreirinhas said tax measures affecting betting, fintechs and interest on equity are expected to generate R$4.4 billion in total.
EBAC co-founder Ricardo Magri argued that Brazil’s increased tax burden could push betting activity towards the parallel market. He also criticised the tax and concession costs, and said regulated operators need to adapt responsible-gambling communications for different audiences.
Brazilian president Luiz Inácio Lula da Silva criticised online betting platforms during an official event in Rio de Janeiro and supported stronger state oversight and tax collection. The GGR tax rate rose from 12% through 2025 to 13% in 2026 under a law signed in late 2025, with further increases scheduled to reach 15% in 2028.
A Genial/Quaest poll released on 19 December found that 55% of respondents supported higher taxes on banks, billionaires and betting companies in Brazil; 34% opposed the measure and 11% did not know or declined to answer. The survey covered 2,004 people in 120 municipalities from 11 to 14 December, with a two-point margin of error. The report said a Senate-approved bill proposing a gradual rise in betting taxation from 12% to 15% was awaiting President Luiz Inácio Lula da Silva’s sanction.
Brazil's Senate approved PLP 128/2025 on 17 December, sending it to the president for sanction. The bill raises tax rates on fixed-odds online betting from 12% to 13% in 2026, 14% in 2027 and 15% in 2028; half of the increase is allocated to social security and half to health measures.