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Brazil’s SIGAP records 1,793,348 betting accounts in Rio in March

Regulation

Brazil’s Ministry of Finance betting-management system, SIGAP, reported 1,793,348 registered betting accounts in Rio de Janeiro in March. The country recorded 9,562,818 people who placed bets during the month, while São Paulo had 715,256 registered accounts.

The regulator’s figures show the distribution of registered betting activity across Brazil’s largest cities.

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Brazilian finance minister removes betting revenue estimate from 2027 budget proposal

Brazilian Finance Minister Dario Durigan said on 5 November that the federal revenue estimate from betting would be removed from the 2027 budget proposal, with losses expected to be offset elsewhere in the economy. He estimated that about R$60bn a year would shift from betting to sectors such as retail and wholesale; the report disputes that figure, citing official data of R$36.9bn in operator gross gaming revenue in 2025 and R$20.07bn in the first half of 2026.

Brazilian Finance Minister Dario Durigan said in an interview on Thursday that the estimate of federal revenue from betting houses would be removed from the 2027 annual budget bill, known as the Ploa. According to the minister, the loss will be offset in other areas of the economy.

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