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Brazilian Senate betting inquiry rejects final report by four votes to three

Regulation

Brazil’s Senate betting inquiry rejected Senator Soraya Thronicke’s final report on 12 June, with four votes against and three in favour, ending the committee’s work without adopted measures. The rejected report proposed indictments of 16 people and 20 bills; Thronicke said she would deliver its documents to authorities, while Senator Angelo Coronel questioned the time available to review it.

The rejection leaves the inquiry’s proposed indictments and betting-law proposals without committee approval.

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Brazil finance minister says betting suspension will require 2027 budget adjustment

Brazilian Finance Minister Dario Durigan said on 5 November that suspending betting would reduce projected Selective Tax revenue and require an adjustment to 2027 budget planning. The government collected R$15.3bn in sector taxes between January 2025 and September 2026, according to figures presented by the Federal Revenue Service. Congress must review the provisional measure within 120 days, with the deadline extending to 5 March 2027; otherwise, the measure will expire.

Brazil's President Luiz Inácio Lula da Silva decided on 25 September to ban sports betting and online gaming, and this will reduce projected Selective Tax revenue next year. Finance Minister Dario Durigan announced this at a press conference on Thursday.

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