Brazil's Finance Ministry investigates 14 betting firms over reported tax irregularities
Brazil's Finance Ministry is investigating 14 betting and online gaming companies over suspected revenue-reporting irregularities, the report said. Blaze may have underpaid up to R$96.1 million in taxes and required transfers, an estimate that is not an established debt; the company said it follows applicable rules and will provide information to authorities. The SPA confirmed that sector inspections are continuing.
The investigation could affect operators' reporting of promotional bonuses and their tax and social-purpose transfers.