National Lottery Trust Fund executive secretary Bello Maigari urged Nigeria’s federal government to establish a tax framework for sports betting, speaking at a gaming conference in Lagos. He said online betting revenue was expected to exceed $256 million by the end of 2023 and could reach more than $366 million by 2027.
A proposed tax framework could affect sports betting operators’ obligations in Nigeria.
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Brazil's Law 15,480/2026, sanctioned on 30 July, directs part of fixed-odds betting revenue to the Federal Police fund Funapol. The share is 1% in 2026 after statutory deductions, 2% in 2027 and 3% from 2028; the law also allows the fund to support health expenses for police staff, subject to budget availability.
Reportedly, Argentine National Deputy Natalia Zaracho has introduced a bill to finance neighbourhood sports clubs through online sports betting taxes. The proposal would tax the net value of bettor deposits at a general rate of 10%, with other rates depending on investment and foreign participation. Congress must approve the proposal before it becomes law.
Brazilian President Luiz Inácio Lula da Silva promulgated a law allocating part of federal sports-betting revenue to the Federal Police fund Funapol. The government said the share will rise from 1% in 2026 to 2% in 2027 and 3% from 2028; the law reallocates existing revenue and does not create a new operator tax. It also authorises up to BRL 200 million in Treasury transfers to the fund during 2026.
Brazilian President Luiz Inácio Lula da Silva has signed a law that creates new funding possibilities for Funapol, the fund for the equipment and operationalisation of the Federal Police's core activities. The Federal Senate passed the legislation on 8 July, leaving only presidential assent for it to come into force.
It was reported that Brazilian President Luiz Inácio Lula da Silva enacted legislation directing betting revenue to the federal police fund. Conversion Law 8/2026 expands the fund’s financing sources.