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Caixa lottery revenue rises alongside regulated betting market

Regulation

An opinion column on a Brazilian betting industry site argued that Caixa’s lotteries and regulated betting grew at the same time rather than cannibalising one another. It cited R$18.7bn in lottery revenue through September 2026, up 3.9%, and regulated betting GGR of R$20.07bn in the first half, up 15.3%.

The figures challenge the stated policy rationale for restricting regulated betting alongside federal lotteries in Brazil.

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Regulation

Brazil's Receita Federal collects R$11.12bn from betting and gambling to September

Reportedly, Brazil's Receita Federal collected R$11.116bn from betting and gambling taxation, including Caixa lotteries, between January and September 2026. September alone contributed R$1.206bn, up 3.70% on August, in the last full month before the effects of the fixed-odds betting ban.

Brazil's Receita Federal collected R$11.116bn from the taxation of betting and gambling, including Caixa lotteries, between January and September 2026, according to the agency's revenue breakdown by economic division published on Thursday 22 October. The figure is 55.10% higher than the R$7.167bn recorded in the same period of 2025.

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