🇧🇷 Brazil Implements New Sports Betting Rules: Goodbye Welcome Bonus💰🚫

🇧🇷 Brazil Implements New Sports Betting Rules: Goodbye Welcome Bonus💰🚫
🟢 The Secretariat of Prizes and Betting (SPA/MF) has published new regulations that will transform Brazil’s sports betting market. These measures impact taxation and operators’ commercial strategies.

🟢 Key Changes:

🟢 12% Tax on GGR: Betting operators must pay taxes on Gross Gaming Revenue (GGR), affecting profitability.

🟢 Elimination of Welcome Bonuses: Operators will no longer be able to offer incentives to attract new bettors.

🟢 New Reward Rules:

🟢 Withdrawable Rewards: Counted in the GGR only when used for betting.

🟢 Non-Withdrawable Rewards: Included in the GGR as soon as they are granted, regardless of usage.

🟢 Industry Impact:

🟢 These regulations change customer acquisition strategies, reduce profit margins, and force companies to rethink their business models.

🟢 Check the official document with the new rules here.

#Betting #Brazil #GGR #Regulation #iGaming

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