Brazilian lawmakers remove proposed CIDE-Bets levy from anti-crime bill
Brazil’s Chamber of Deputies approved the Anti-Crime Bill without the proposed CIDE-Bets contribution on transfers by individuals to online betting platforms. CDA Gaming chief legal officer Joberto Porto argued that the levy could have burdened licensed operators without applying to the illegal market and said it risked undermining efforts to steer consumers towards regulated platforms.
The bill’s final text excludes a proposed levy on transfers to betting platforms, affecting the regulatory and tax framework operators would face.