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Rivalo Brazil managing director says tax-rise pace surprised betting market

Regulation

Rivalo Brazil managing director Daniel Eskinazi said the speed of progress towards higher taxes had surprised Brazil’s betting market in an interview. He also described Rivalo’s first year under regulation, including the work required to establish its local operation and its changing customer requests around welcome bonuses.

Operators are assessing tax changes alongside the compliance and operating demands of Brazil’s regulated market.

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Brazilian deputies approve phased betting tax rise to 15%

Brazil's Chamber of Deputies approved a bill raising the tax on online betting companies from 12% to 15%, according to reports. The increase would be phased in at 13% in 2026, 14% in 2027 and 15% in 2028, with the additional three percentage points assigned to social security. The bill also proposes liability for parties promoting illegal betting operators and payment providers that fail to restrict them; it now goes to the Senate.

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