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Brazil senator proposes fund financed by a tax on online betting

Regulation

Senator Alessandro Vieira said his report on Brazil’s anti-organised-crime bill would propose a fund financed by a new tax on online betting companies. He said the fund’s resources and management would be shared by state governments and the federal government, and that the money would support investment and strategic actions rather than salaries. If a separate fund faces resistance, he said a dedicated allocation within the National Public Security Fund is an alternative.

The proposal could create a new tax-funded source for organised-crime measures, affecting online betting companies in Brazil.

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Brazilian senator proposes bets licence exemption for SUS hospitals

Brazilian senator Dra. Eudócia proposed legislation allowing non-profit health organisations that serve the SUS to operate fixed-odds betting, reportedly in a proposal presented to the Senate. The bill would exempt eligible organisations from licence costs and require all net betting revenue to fund health-related activities, with profit distributions prohibited.

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