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Lula says Brazil will tighten measures on online betting

Regulation

Brazilian President Luiz Inácio Lula da Silva said his government would take further measures against online betting at an event in Mauá. The report says a phased tax increase on betting revenue is due to reach 15% in 2028, while social-benefit recipients face betting restrictions; it also reports that some measures have been partly limited by courts.

Further restrictions could change online betting operators’ tax and customer eligibility requirements in Brazil.

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Regulation

Brazil finance minister says betting suspension will require 2027 budget adjustment

Brazilian Finance Minister Dario Durigan said on 5 November that suspending betting would reduce projected Selective Tax revenue and require an adjustment to 2027 budget planning. The government collected R$15.3bn in sector taxes between January 2025 and September 2026, according to figures presented by the Federal Revenue Service. Congress must review the provisional measure within 120 days, with the deadline extending to 5 March 2027; otherwise, the measure will expire.

Brazil's President Luiz Inácio Lula da Silva decided on 25 September to ban sports betting and online gaming, and this will reduce projected Selective Tax revenue next year. Finance Minister Dario Durigan announced this at a press conference on Thursday.

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