Brazilian lawmakers propose higher taxes on betting companies
Brazilian lawmakers from parties across the political spectrum have introduced proposals to raise taxes on betting companies, according to a media report. Nearly 200 bills concerning betting were presented in 2024 and 2025, while a proposed increase in gross-revenue tax from 12% to 18% was removed from a provisional measure that the Chamber of Deputies later rejected.
Operators and investors face uncertainty over renewed proposals to raise betting taxes after the provisional measure failed.