According to Brazil’s Federal Revenue Service, taxation on sports betting and online gaming operators generated BR9.95bn in 2025.
This marked a sharp increase from the roughly BR91m collected in 2024, when the sector was still transitioning into regulation.
December alone accounted for BR1.1bn in betting-related revenue, compared with BR28m in the same month a year earlier.
The figures reflect the application of a 12% levy on gross gaming revenue, alongside standard federal taxes.
Data from Brazil’s regulator, the Secretariat of Prizes and Betting (SPA), shows that authorized operators reported BR37bn in GGR during the first full year of the regulated fixed-odds betting market.
In addition to ongoing taxation, operators paid around BR2.5bn in licensing fees to secure authorization to operate legally in Brazil. While the total value of prizes paid to players was not disclosed, the sector reported that 25.2 million Brazilians placed bets during the year.
The SPA said it worked with telecoms regulator Anatel to block more than 25,000 illegal betting websites.
Financial oversight efforts led to 1,255 reports from banks and payment institutions concerning suspected transfers to unauthorized operators, resulting in the closure of 550 bank accounts, nearly half of which were already classified as illegal.
Industry data shows betting companies invested approximately BR1.4bn in advertising across television, radio, streaming and digital platforms in 2025.
Overall, Brazil’s federal revenue reached BR2.89tn in inflation-adjusted terms in 2025, with December collections alone hitting BR292bn.
The Federal Revenue Service said this represented the strongest annual and monthly performance since 1995, with betting-related taxation cited as one of the drivers behind the result.
More than 217,000 Brazilians requested self-exclusion from betting platforms within the first 40 days of the Government’s opt-out system