PwC study links higher European betting taxes to illegal-market growth
The Betting and Gaming Council (BGC) published a PwC study on 26 November examining tax regimes and illegal online betting in Europe. It found that markets taxing gross gaming revenue below 25% grew annual tax receipts faster between 2019 and 2025 than higher-tax markets; Brazil's proposed bill would raise the rate from 12% to 18% by 2028, with a vote scheduled for 2 December.
Brazilian operators may face a higher GGR tax if the bill passes, while the study associates higher rates with illegal-market growth.