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PwC study links higher betting taxes to illegal-market growth

Regulation

A PwC study released by the Betting and Gaming Council says higher taxes on betting and gaming can encourage customers to use unlicensed platforms. It found that markets taxing gross gaming revenue below 25% recorded higher average annual revenue growth from 2019 to 2024 than those with higher rates; Brazil’s sportsbooks currently pay 12%, while a proposed increase awaits a Senate vote.

Brazilian operators face a proposed tax increase, while the study associates higher rates with greater unlicensed-market activity and slower revenue growth.

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Study says illegal betting costs Brazil R$10bn a year in tax revenue

A study on Brazil’s betting market estimates that illegal operators account for 51% of activity and cause about R$10 billion in annual tax losses. Criminal lawyer Pierpaolo Bottini said illegal platforms operate without public authorisation and argued for stronger cooperation with digital platforms and payment providers; the study also warns that higher taxes on wager volume could drive bettors towards illegal sites.

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