Brazil’s Finance Ministry estimates that betting generated more than €1.6bn in tax revenue in 2025 under the country’s new regulatory framework. A 12% tax on gross gaming revenue took effect on 1 January 2025; the rate is scheduled to rise to 13% in 2026, 14% in 2027 and 15% from 2028.
The scheduled rate increases affect betting operators’ tax liabilities in Brazil.
The day’s most important stories, free. One email a day.
Brazilian Finance Ministry executive Rodrigo Orair said tax reform plans would change the tax burden on online betting. The sector would face the full rates of the new IBS and CBS consumption taxes, continue paying a social allocation expected to rise from 12% to 15%, and become subject to the Selective Tax; its rates have not been set.
Brazil’s Ministry of Finance changed tax-collection rules for fixed-odds betting operators in Portaria SPA/MF 784, published on 23 March. The measure makes revenue code 9197 the required code for specified social-security contributions paid through DARF and takes effect on 1 April 2026. It also revokes Portaria SPA/MF 2.219.
iGamingToday reported that a Comsefaz and Cicef fiscal bulletin estimated Brazilian household sports betting losses at R$62.5bn in 2025. The report put losses at roughly 0.68% of households’ gross disposable income nationally.
Brazil’s Finance Ministry said it had no study or estimates assessing the effects of a possible ban on fixed-odds betting, in a response to an access-to-information request. President Luiz Inácio Lula da Silva signed Provisional Measure No. 1.394/2026 the following afternoon; it prohibits fixed-odds betting operations, offers, intermediation and advertising nationwide, while leaving other legally authorised lottery products unaffected.
Brazil's Ministry of Finance is considering reducing or closing its Secretariat of Prizes and Betting if sports betting and online casinos are prohibited, according to a media report. Options include retaining basic functions to monitor illegal activity and lotteries or ending the secretariat. The report cites projected annual betting revenue of R$2.5bn that would be at risk under a ban; no prohibition has been enacted in the material.