Brazil Senate committee cancels meeting, leaving betting tax bill unconsidered

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Brazil’s Senate Economic Affairs Committee cancelled its meeting scheduled for 18 November, so it did not consider bill PL 5.473/2025. The proposal would double the tax on fixed-odds sports betting; rapporteur Eduardo Braga said he was awaiting Finance Ministry measures against illegal betting before advancing the vote.

The bill’s proposed tax increase remains unconsidered, leaving its potential effect on fixed-odds betting operators unresolved.

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Brazil Senate committee approves proposal to allocate betting tax revenue to military sport

Brazil’s Senate Sports Committee approved bill PL 6124/2025, which proposes directing part of tax revenue from licensed sports betting to the Brazilian Military Sports Commission. The proposal estimates an allocation of BRL 0.30 to BRL 0.40 per BRL 1,000 in regulated betting income. It is expected to proceed to the Senate’s Committee on Economic Affairs.

Brazil Senate committee cancels meeting, leaving betting tax bill unconsidered

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Keep reading

Brazil Senate committee approves proposal to allocate betting tax revenue to military sport

CFTC advisory committee holds first meeting with prediction markets on agenda

CFTC chair proposes new prediction market rules at advisory committee meeting

ADM cancels two tax assessments over illegal gambling devices in Calabria

Sicilian tax court cancels ADM betting-tax assessment against Alcamo company