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Brazil’s Hugo Motta backs directing betting tax revenue to public security

Regulation

Brazilian Chamber of Deputies Speaker Hugo Motta said on 31 October that a bill to direct part of online betting revenue to the National Public Security Fund should be put to a vote. He said the proposal, developed with state security secretaries, would fund security measures and advocated higher taxes on betting companies; the fund currently receives money from lotteries and the federal budget.

The proposal could change how betting tax revenue is allocated and increase operators’ tax burden.

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Brazilian government discusses redirecting betting tax revenue to public security

Brazil's federal government is negotiating a proposal to direct part of sports-betting tax revenue to public security, the report said. Congressman Pedro Uczai said the additional allocation could raise R$6bn to R$7bn annually, split equally between state governments and the federal government. The proposal's inclusion in the public-security constitutional amendment remains undecided.

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