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Brazilian Senate considers bill raising betting tax to 15%

Regulation

Brazil's Chamber of Deputies approved a bill raising tax on betting companies and cutting tax incentives, and the Senate was due to consider it on 17 December, according to reports. The measure would raise the tax on betting revenue from 12% to 15% in annual steps through 2028; the article reported a target of R$20bn in revenue for the 2026 budget.

If enacted, the bill would increase betting companies’ tax burden in Brazil from 2026.

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Ireland considers raising tax on betting stakes from 2027

Ireland’s government is reportedly considering increasing the 2% tax on customer stakes from 2027, alongside a previously announced rise in pool betting duty from 1% to 2%. The Irish Bookmakers Association urged the government to reject the proposal, warning of shop closures, job losses and increased illegal betting; the government’s stated aim is to raise revenue for the 2027 budget.

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