Randolfe Rodrigues backs higher tax on Brazil betting platforms
Brazilian senator Randolfe Rodrigues called for higher taxation of online betting platforms during a GloboNews interview on 31 October, according to the report. He said the current rate was 12.5% and argued that Congress would need to justify opposing an increase; the report notes the rate is 12%. The government expects betting to generate between R$1.5bn and R$2bn in public revenue, the report said.
A proposed tax increase could affect betting operators' costs and the sector's regulatory debate in Brazil.