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Brazilian committee delays vote on proposed 18% betting tax until Thursday

Regulation

Brazil’s Joint Committee of Congress postponed until Thursday, 2 October, a vote on a proposal to raise betting operators’ GGR contribution from 12% to 18%. The proposal is part of Provisional Measure 1.303, which will expire on 8 October if not approved; the text would send the additional 6% to social security, including health initiatives.

Operators face a proposed higher GGR contribution, while the measure’s approval deadline is 8 October.

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Regulation

Senate committee schedules vote on proposed 24% betting tax share

Brazil's Senate Economic Affairs Committee is due to vote on 4 November on a bill covering taxes on betting companies and fintechs, reportedly after rapporteur Eduardo Braga submitted a favourable report with two amendments. The proposal would raise the federal share of net fixed-odds betting revenue from 12% to 24%, with the increase to be phased among states and municipalities from 2026 to 2028.

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