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Brazilian Chamber removes 15% betting levy from anti-gang bill

Regulation

Brazil’s Chamber of Deputies approved the Anti-Faction Bill on 24 February, removing the proposed CIDE-Bets levy on sports betting deposits. The Senate-backed measure would have imposed a 15% rate and directed proceeds to the National Public Security Fund; the bill now goes to the president for approval.

Removing the proposed levy changes the bill’s tax treatment of sports betting deposits before presidential consideration.

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Regulation

Italian budget bill forecasts €952m in gaming revenue for 2027

The Italian government’s 2027 budget bill was published on the Chamber of Deputies website, according to the report. The government’s technical report forecasts €952 million in new revenue from the gaming sector in 2027, within €26 billion in total measures. The Budget Committee’s presidium was due to set the schedule for examining the bill.

The text of the 2027 budget bill has been published on the website of Italy's Chamber of Deputies. The Budget Committee's presidium, convened for the early afternoon, is to set the work schedule for examining the budget bill.

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