Brazilian Senate approves betting tax rises to 15% by 2028
Brazil’s Senate approved PLP 128/2025, which raises betting companies’ contribution rate from 12% to 13% in 2026, 14% in 2027 and 15% in 2028. The bill also assigns half of the additional revenue to social security and half to health measures, and now awaits presidential sanction.
The bill sets out a staged increase in betting companies’ tax burden and allocates the additional revenue between social security and health.