Brazil Raises Betting Taxes and Remains Cautious on Casino Legalization
Summary
Brazil has recently increased taxes on fixed-odds sports wagering while simultaneously pausing progress on legislation to legalize land-based casinos. The Senate approved bill PLP 128/2025, which will incrementally raise taxes on gross gaming revenue (GGR) from 12% to 15% by 2028, while also reducing tax incentives for operators. The government intends to allocate the increased revenue to social security and public health. Despite this move, lawmakers rejected fast-tracking PL 2.234/2022, which would legalize casinos, bingo halls, and other forms of gambling, citing concerns about social costs like addiction and potential criminal activity. Proponents argue that casinos could stimulate tourism and generate revenue, but the government is prioritizing a balanced approach and financial realism.
(Source:Gamblingnews)