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Brazil collects $290m from betting as federal revenue hits historic January high

Online betting taxation contributed BR1.5bn ($290m) to federal coffers in January, as overall tax revenue reached the highest monthly figure in 32 years.

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Brazilian money
Key Points
Federal revenue reached BR325.8bn in January, a record in the 32-year historical series
Betting and online gaming taxation generated BR1.5bn in the month

Brazil’s Federal Government collected BR1.5bn from online betting and gambling activities in January, as overall tax revenue reached a historic monthly high of BR325.8bn, according to data released by the Federal Revenue Service.

The total figure represents a real increase of 3.56% compared to January of the previous year, when revenue stood at BR314.54bn, adjusted for inflation. 

While the revenue growth reflects both economic expansion and tax adjustments introduced in recent years, the betting sector continues to emerge as a measurable contributor to federal accounts. 

The BR1.5bn collected from online betting and gaming activities is part of the government’s strategy to formalize and tax the regulated market.

The discussion around betting-related taxation has also included proposals that did not move forward. 

Among them was the CIDE-Bets levy, a contribution suggested during legislative debates that aimed to channel additional resources from betting operators into public security funding. 

The measure ultimately did not advance in the final version of the anti-organized crime bill approved by the Chamber of Deputies.

Brazil had already reported BR7.9bn in betting tax revenue for 2025, underscoring the scale of the sector’s contribution to public finances. 

The regulated framework, which came into force at the beginning of 2025, has enabled the Government to track and tax fixed-odds betting more systematically.

As policymakers continue to debate the appropriate fiscal treatment of the sector, January’s data reinforces the growing relevance of betting revenue within the federal tax base.

This is also the highest monthly collection recorded since the historical series began in 1995.

Good to know

A Brazilian Senate bill has recently proposed a tax exemption for teachers funded by betting revenue

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