🐒 Brazil🇧🇷: USD 1.4 billion in gambling taxes was collected during the first half of the year

🐒 Brazil🇧🇷: USD 1.4 billion in gambling taxes was collected during the first half of the year

This represents an 83% increase compared with the same period last year.

➡️ According to Brazil's Federal Revenue Service, companies paid approximately USD 256 million in June alone, which also exceeded the amount collected in June 2025.

➡️ The figures include not only the tax levied on gross gaming revenue (GGR), but also all other mandatory taxes applicable to the gambling industry.

➡️ As for the GGR tax, the rate has been gradually increasing. It was initially set at 12% and later increased to 13%. It will rise to 14% in 2027 and is scheduled to reach 15% in 2028.

The increase in the tax burden comes amid the ongoing development of Brazil's gambling regulatory framework. According to previous estimates, offshore operators accounted for between 41% and 51% of the market in 2025.

#news #Brazil #gambling

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