Brazilian deputies approve betting-tax allocation proposal for public security
Brazil’s Chamber of Deputies unanimously approved a constitutional amendment to redirect part of betting revenues to the National Public Security Fund and National Penitentiary Fund. The proposal would allocate 10% of betting revenues to the funds between 2026 and 2028, rising gradually to a ceiling of 30%, without increasing operators’ tax burden; it now goes to the Federal Senate.
The proposal could reduce funding shares for other beneficiaries, including sports development, tourism and social programmes.