Brazil’s Economic Affairs Committee (CAE) postponed its review of bill PL 5.473/2025 on 4 November after granting senators more time to examine amendments. The proposal would raise the gross gaming revenue contribution for betting operators from 12% to 24%; Senator Renan Calheiros granted a collective review period.
The proposed increase would raise the tax contribution for betting operators if the bill advances.
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Brazil's Senate Economic Affairs Committee postponed consideration of Bill 5,473/2025 until next week after rapporteur Eduardo Braga requested more time. The proposal would raise the betting tax rate from 12% to 24%; Braga said the report still needs technical adjustments and further discussions.
Brazil’s Chamber of Deputies rejected a proposed Cide-Bets contribution on users’ financial transfers during a vote on the Anti-Gang Bill. The measure would have imposed a 15% tax; betting industry representatives warned that it could encourage use of illegal platforms, and said the issue may return in the Senate.
The US Securities and Exchange Commission delayed action on more than two dozen proposed ETFs linked to real-world event outcomes while seeking further details from issuers. The funds would track yes-or-no contracts on platforms including Kalshi and Polymarket, and filings warn investors could lose their entire investment.
Thailand postponed parliamentary debate on its casino-entertainment complex bill from the 3 July House session to August to allow further review and consultation. Pheu Thai spokesman Danuporn Punnakanta said the delay was not caused by coalition tensions; the review will consider access for Thai citizens and money-laundering risks.
New York Senator Jeremy Zellner introduced a bill to establish a four-member task force examining proposition and under wagers in the state. The proposed body would study market prevalence, revenue, integrity risks and harms to athletes, and submit a report by 31 December; the bill is before the Senate Committee on Racing, Gaming and Wagering.