Hugo Motta backs higher betting taxes to fund public security in Brazil
Brazilian Chamber of Deputies president Hugo Motta backed higher taxes on betting in remarks on 31 October, saying the measure could help fund public security and would receive broad support in the chamber. He said the chamber intends to consider a separate bill next week that would direct betting-tax revenue to security spending.
A proposed change in the use of betting-tax revenue could affect the sector's fiscal treatment in Brazil.