Brazilian lawmaker proposes directing 50% of betting tax revenue to hospitals
Brazilian deputy Pinheirinho introduced a bill proposing that 50% of taxes collected from sports betting go to philanthropic hospitals and Santas Casas, according to the report. The proposal remains before Congress and would restrict the funds to healthcare services and related costs. If enacted, the executive would have 90 days to issue implementing rules.
The proposal would change how sports-betting tax revenue is allocated if Congress approves it.