Brazil’s Economic Affairs Committee cancelled its vote on a bill that would raise the gambling tax rate from 12% to 24%. The committee halted the meeting after Chamber of Deputies president Hugo Motta told Senate leader Davi Alcolumbre the bill lacked the support to pass; lawmakers have postponed it twice this month.
Operators face uncertainty over whether Brazil will double the gambling tax rate from 12% to 24%.
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Brazil's Senate Economic Affairs Committee postponed consideration of Bill 5,473/2025 until next week after rapporteur Eduardo Braga requested more time. The proposal would raise the betting tax rate from 12% to 24%; Braga said the report still needs technical adjustments and further discussions.
CAE president Renan Calheiros said the committee would not vote on PL 5.473/2025 on 5 November, with consideration expected the following week. Rapporteur Eduardo Braga said further negotiations were needed, including on a proposed increase in insurers’ CSLL rate to 15%; he also said he would speak with Finance Ministry representatives and sector groups.
The Brazilian Institute for Responsible Gaming (IBJR) said a proposal to raise tax on gross gaming revenue from 12% to 24% could increase the sector’s overall tax burden by 45%. It cited a study estimating that illegal platforms account for 51% of bets and R$10.8bn in annual lost tax revenue.
Brazil’s finance minister Fernando Haddad said on 5 November that proposed tax increases on betting operators and fintechs could raise about R$5bn in 2026. A bill before the Senate’s Economic Affairs Committee would raise the tax on betting gross gaming revenue from 12% to 24%; Haddad said the government had included the projected revenue in its 2026 budget planning. The committee president said a vote was due by 11 November.
Brazilian betting-industry representatives met deputy Carlos Zarattini on 9 July to discuss a measure that would raise the tax on sports betting GGR from 12% to 18%. They argued the increase could threaten regulated operators and asked him to consider sector proposals; Zarattini said he would review them after the joint committee is established and may hold a public hearing.