Brazilian Senate approves higher betting taxes through 2028
Brazil's Senate approved PLP 128/2025 on 17 December, sending it to the president for sanction. The bill raises tax rates on fixed-odds online betting from 12% to 13% in 2026, 14% in 2027 and 15% in 2028; half of the increase is allocated to social security and half to health measures.
The proposed rate increases change betting operators' tax obligations if the president sanctions the bill.