Brazilian Workers’ Party proposes raising online betting tax to 24%
Brazil’s Workers’ Party leader in the Chamber of Deputies, Lindbergh Farias, introduced a bill proposing to raise the tax on betting platforms from 12% to 24%. The proposal would direct half of the revenue to social security, with a focus on public health; the National Association of Games and Lotteries questioned the bill and disputed a gambling-harm figure cited by Farias.
The proposed tax increase could change operators’ tax burden and the allocation of betting-tax revenue in Brazil.