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Brazil collects BR8.7bn in betting taxes from January to July

Federal tax revenue from betting and gambling rose 76.86% year-on-year through July.

1 min read
Taxes
Key Points
Brazil's Federal Revenue Service collected BR8.747bn ($1.71bn) from betting and gambling taxes between January and July 2026, up 76.86% year-on-year
July alone brought in BR1.463bn, up 6% from June
At the current pace, annual betting tax revenue could exceed BR16bn in 2026, more than 60% above 2025's total

Brazil's Federal Revenue Service collected BR8.747bn in taxes from betting and gambling activity, including Caixa's lotteries, between January and July 2026.

The number represents a 76.86% increase over the BR4.946bn collected in the same period last year. The figures come from the agency's economic sector revenue report.

In July alone, the sector generated BR1.463bn, up 6% from June's BR1.385bn. The total reflects federal taxes including corporate income tax, social contribution on net profit and social security contributions, according to the July Monthly Analysis presented by tax auditors.

The year's data follows a clear seasonal pattern: a sharp dip in February and March around Carnival, followed by steady recovery from April onward, with July maintaining the moderate growth rate seen in the prior three months. 

Until March, betting operators were taxed at 12% of GGR, a rate rose to 13% on March 26 under Complementary Law 224/2025, with further increases scheduled to 14% in 2027 and 15% in 2028. 

That means revenue growth since April reflects both the higher tax rate and an actual recovery in betting volume, not simply the pass-through of a bigger tax bill.

For all of 2025, Brazil collected BR9.95bn in betting and gambling taxes under the then-applicable 12% GGR rate. 

With BR8.747bn already collected in the first seven months of 2026, the country is on track to surpass last year's full-year total within months, with five months still remaining in the fiscal year. 

Good to know

Monthly betting tax revenue has stayed above BR1.4bn every month since April except March

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