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Behind the $690 Million in Taxes: The Rise and Concerns of Brazil's Gambling Market

Behind the $690 Million in Taxes: The Rise and Concerns of Brazil's Gambling Market

According to data released by the Brazilian Federal Revenue Service (RFB), in the first six months since the implementation of gambling regulation in Brazil, the industry has contributed 3.8 billion reais (approximately 687.5 million US dollars) in taxes. This figure was disclosed in the tax monthly

28like·0comment14 hours ago
Brazilian proposal promotes the inclusion of equestrian and rodeo events in online betting, expanding new areas of legal wagering.

Brazilian proposal promotes the inclusion of equestrian and rodeo events in online betting, expanding new areas of legal wagering.

The Brazilian betting market is expected to expand further. Federal Deputy Capitão Augusto recently proposed Bill No. 3388/2025, suggesting that all forms of equestrian and rodeo competitions be included in the scope of online fixed-odds betting. The proposal aims to amend the current Law No. 14.790

28like·0comment19 hours ago
Clubs unite in protest! Brazil's newly opened gambling market faces an advertising ban?
Video01:10

Clubs unite in protest! Brazil's newly opened gambling market faces an advertising ban?

25like·0comment06-04
Brazil's gambling market heats up, businesses must overcome five major hurdles to succeed.

Brazil's gambling market heats up, businesses must overcome five major hurdles to succeed.

After years of anticipation, the gambling industry has finally set its sights on Brazil, a burgeoning regulated market, attempting to seize this highly anticipated major opportunity.However, as Steven Valentine, Chief Commercial Officer at Comtrade Gaming, stated, if one hopes to maximize profits i

25like·0comment05-27
A video takes you through the data statistics of the Brazilian gambling market!
Video01:41

A video takes you through the data statistics of the Brazilian gambling market!

28like·0comment04-06
Latin American Market Q4 Performance Summary: Operators Compete for Market Position in Brazil

Latin American Market Q4 Performance Summary: Operators Compete for Market Position in Brazil

Most gambling companies have already released their Q4 earnings, and iGB has studied the performance and future strategies of operators in the region.Brazil launched its regulated online gambling market on January 1, with some listed international giants obtaining comprehensive licenses alongside l

24like·0comment03-11
Aposta Ganha and Betby enter the regulated gambling market in Brazil after obtaining licenses.

Aposta Ganha and Betby enter the regulated gambling market in Brazil after obtaining licenses.

Operators Grupo Aposta Ganha and sports betting provider Betby have commenced operations in Brazil's newly regulated sports betting and gaming market, which officially started on January 1, 2025.Both companies are among the first to meet the new regulatory standards under the supervision of the Trea

33like·0comment01-08
Brazil announces the list of legal sports for fixed-odds betting, online gaming and sports betting licenses have been approved.

Brazil announces the list of legal sports for fixed-odds betting, online gaming and sports betting licenses have been approved.

The Brazilian market has opened up, with a large number of sports events (most notably football) approved for fixed-odds sports betting, and local reports also indicate a large number of licenses have been approved. According to the Sports Department, the Brazilian government has approved sev

27like·0comment01-03
Pioneers in the Brazilian market, how to compete for the leading position in the legal gambling market?

Pioneers in the Brazilian market, how to compete for the leading position in the legal gambling market?

Brazil is about to launch a legal online gambling market, and international operators are vying for market position. Kyle Goldsmith considered how mergers and media partnerships could shape the market in the short term.Looking back at the launch of the gambling industry in the United States six year

24like·0comment2024-12-25
ANJL Chairman warns that illegal competition could force gambling license holders to exit Brazil.

ANJL Chairman warns that illegal competition could force gambling license holders to exit Brazil.

The chairman of the National Gambling and Lottery Association (ANJL), Plínio Lemos Jorge, believes that if the illegal market is not effectively combated, legitimate operators may eventually leave Brazil.The head of Brazil's Gambling and Prize Secretariat (SPA), Regis Dudena, revealed that 71 operat

27like·0comment2024-12-20
Brazilian Central Bank statistics: 24 million Brazilians spend 20 billion reais on online gambling monthly.

Brazilian Central Bank statistics: 24 million Brazilians spend 20 billion reais on online gambling monthly.

According to a survey conducted by the Central Bank of Brazil, from January to August this year, Brazilians spent an average of about 20 billion reais per month on online gambling sites.The Brazilian "G1" website reported that data from the Central Bank shows that about 24 million Brazilians partici

30like·0comment2024-12-19
The regularization of the online gambling industry will benefit the Brazilian government by increasing tax revenues, which are expected to bring in 20 billion reais.

The regularization of the online gambling industry will benefit the Brazilian government by increasing tax revenues, which are expected to bring in 20 billion reais.

According to a forecast by the Brazilian National Association of Gambling and Lotteries (ANJL), starting from 2025, the regulated online gambling market is expected to generate 20 billion Brazilian reais in tax revenue for the government.The association states that the regulatory laws for the Brazil

30like·0comment2024-12-19
Superbet obtained eCOGRA certification and advances with its regulated operation in Brazil.

Superbet obtained eCOGRA certification and advances with its regulated operation in Brazil.

A Superbet, sponsor of São Paulo and Fluminense, has obtained the certificate from eCOGRA (eCommerce and Online Gaming Regulation and Assurance) for a period of one year and thus advances in the regulation process of the Secretariat of Prizes and Bets of the Ministry of Finance. The British consulta

25like·0comment2024-12-14
As one of the first holders of a gambling license in Brazil, Aposta Ganha aims for a 10% market share.

As one of the first holders of a gambling license in Brazil, Aposta Ganha aims for a 10% market share.

Aposta Ganha is expected to hold up to 10% of the market share in the licensed gambling market in Brazil after obtaining the first batch of licenses and gaining a first-mover advantage.Aposta Ganha announced that its gambling license has been approved by the Bonus and Betting Office (SPA), paving th

27like·0comment2024-12-06
Brazil becomes a new hotspot for gambling! The legalization of mobile sports betting in January next year will unleash potential!
Video04:09

Brazil becomes a new hotspot for gambling! The legalization of mobile sports betting in January next year will unleash potential!

31like·0comment2024-11-19
Breaking News: ANJL Launches New Certification for Brazilian Operators

Breaking News: ANJL Launches New Certification for Brazilian Operators

ANJL has announced the launch of the "ANJL Compliance Certification," which will be used to identify gambling platforms committed to regulatory compliance. This certification will be available to gambling companies applying for federal licenses through the Treasury Department's bonus and gambling se

0like·0comment2024-10-10
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