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Brazil’s regulated betting market reports 27.5 million bettors in 2025

Regulation

Brazil’s regulated betting sector had 27.5 million bettors in 2025, more than 10% of the population, according to Finance Ministry data cited in the report. The market generated R$32.2 billion in gross gaming revenue, while federal taxes on the sector reached R$7.95 billion through October. The report says operators fear higher taxation could benefit illegal platforms, while the government defends the increase.

Operators face a higher tax burden as regulators contend with illegal betting platforms and concerns about gambling harm.

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Regulation

President Lula bans online betting operations in Brazil through provisional measure

President Lula issued a provisional measure immediately banning online betting operations in Brazil. Licensed sites face blocking from 6 October, and Congress has 120 days to ratify or amend the measure. Betano is preparing legal action, while Allwyn and Entain have outlined potential effects on their forecasts.

On Friday, with the country's general election two days away, President Lula signed a provisional measure that halts online betting sites in Brazil with immediate effect. Licensed operators will be blocked from 6 October, and customers have until the preceding day to ask for their money back. Any funds still held after that deadline must be credited by the sites to registered accounts during the window of 9 to 14 October. Because the instrument is provisional, Congress must review it, ratifying or amending it inside 120 days.

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