Brasília—According to the latest tax report for June 2025 released by the Brazilian Federal Revenue Service, the regulated sports betting and online casino industry paid approximately 764 million Brazilian reais (about 138.4 million US dollars) in taxes in June. In the first half of the year, the industry generated over 3.8 billion reais (about 688.7 million US dollars) in tax revenue for the federal government.
This surge in tax revenue is due to the new gambling industry tax policy that officially took effect on January 1 this year. Temporary measures (MP) released on June 11 further increased the tax rate on the total revenue from sports betting (GGR) from 12% to 18%. GGR refers to the net income of gambling companies, which is the total amount of bets minus the prizes distributed to users.
Data shows that from January to May 2025, the gambling industry paid more than 3 billion reais (about 547 million US dollars) in taxes, compared to only 7 million reais (about 1.3 million US dollars) in the same period in 2024, an increase of 40,000 times. In May alone, gambling tax revenue reached 814 million reais (about 148.3 million US dollars), a year-on-year increase of 23,096%, exceeding the 4 million reais (about 730,000 US dollars) in May 2024.
Remarkably, the tax revenue generated by the gambling industry in May has surpassed several traditional economic sectors, such as the education sector with 516 million reais (94 million US dollars), the retail sector with 507 million reais (92.4 million US dollars), and the machinery manufacturing sector with 408 million reais (74.3 million US dollars).
Claudemir Malaquias, Director of the Tax and Customs Research Center of the Federal Revenue Service, stated: "Since February this year, we have started to collect taxes from operators who combine fixed-odds betting businesses according to the new tax system, which has driven significant growth in tax revenue."
With the adjustment of tax rates and strengthened regulation, the contribution of the gambling industry to federal finances is expected to continue to climb in the coming months, becoming an important source of tax revenue for the Brazilian economy.
