Brazil: President Lula approves betting tax increase
The Brazilian President has signed into law a bill cutting federal tax exemptions while introducing a gradual increase in betting taxation.
3 min read • Dec 29 • By
Layla Victoria
Global Gaming Awards
GammaSweep
DYG
Vegangster
SmartSoft
AMATIC Online
Z-Gaming
GR8_TECH
Imagine Live
ReferOn
bet365 Partners
N1 Partners
OMNIPLAY
Galaxsys
Titans
Euro Games Technology
GammaStack
ONLYPLAY
Bally’s Intralot
Makeberry Affiliates
Logifuture
JDB Gaming
1spin4win
BetConstruct
Linebet
DATA.BET
SPAYZ.io
GammaPlus
Global Gaming Awards
GammaSweep
DYG
Vegangster
SmartSoft
AMATIC Online
Z-Gaming
GR8_TECH
Imagine Live
ReferOn
bet365 Partners
N1 Partners
OMNIPLAY
Galaxsys
Titans
Euro Games Technology
GammaStack
ONLYPLAY
Bally’s Intralot
Makeberry Affiliates
Logifuture
JDB Gaming
1spin4win
BetConstruct
Linebet
DATA.BET
SPAYZ.io
GammaPlus
The Brazilian President has signed into law a bill cutting federal tax exemptions while introducing a gradual increase in betting taxation.
Brazilian police are investigating allegations that Vasco da Gama basketball players were approached ahead of an October match as part of a suspected scheme.
Loterj has carried out Brazil's first proof of concept (POC) for video lottery terminals (VLTs) while reporting a sharp increase in social investment.
The approval allows Reevo to supply its proprietary games to licensed operators in Brazil, extending the supplier's regulated market footprint following recent European licensing and aggregation activity.
Caixa Econômica Federal has issued a new circular updating the rules for lottery permissions in Brazil, revising operational requirements, fee structures and deadlines for regulatory compliance across the lottery network.
Kalshi, the US-based prediction markets company Co-Founded by Brazilian entrepreneur Luana Lopes Lara, is considering Brazil as a potential future market.
Brazil's Federal Revenue Service has reported BR8.82bn ($1.6bn) in federal tax collection from, marking the first full year of the regulated market in operation.
Betnacional has partnered with Caramelo Institute to fund veterinary care and basic support for rescued cats over a six-month period.
Loterj President Hazenclever Lopes Cançado praised sport initiatives during a visit to a program.
New data shows Brazil's illegal betting market, where unlicensed operators create a ratio of nearly 14 for every legal one.