UK betting trade body says higher gambling taxes can expand illegal betting
The Betting and Gaming Council published a PwC study arguing that higher gambling taxes are associated with increased illegal betting in European markets. The study found that from 2019 to 2025, markets taxing gross gambling revenue below 25% recorded stronger annual revenue growth than those with higher tax pressure. In Brazil, a bill proposing a gradual increase in betting tax from 12% to 18% by 2028 was due for a vote on 2 December.
The proposed Brazilian tax increase could affect operators’ costs and the competitiveness of the regulated market.