Brazilian congressional committee considers raising betting tax to 18%
A joint committee of Brazil’s Congress is considering a provisional measure that would raise the tax on sports betting companies’ gross gaming revenue from 12% to 18%. The proposal directs the additional six percentage points to social security health measures; if approved, it would go to both congressional plenaries, with a deadline of 8 October. The regulated betting sector warned the increase could drive customers to illegal platforms.
The proposed tax change could alter operators’ tax liabilities and the allocation of betting revenue in Brazil.