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CNC study estimates R$143.8bn in betting-related retail losses over two years

Regulation

The Brazilian National Confederation of Commerce (CNC) published a study claiming online betting took R$143.8bn from Brazilian retail over two years. The article disputes that estimate, citing the Finance Ministry’s reported R$37bn gross gaming revenue for the regulated market in 2025 and arguing that betting turnover is not equivalent to consumers’ net spending.

The dispute concerns how betting-market measures inform estimates of effects on Brazilian retail and household finances.

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