Brazil Schedules vote to Double Betting Operators Tax
Brazil.- 25 November 2025 www.zonadeazar.com The Brazilian Senate has scheduled a vote for Wednesday 26 November on a bill that would raise the tax rate on fixed-odds betting operators from 12 % to 24 %, and increase fintechs’ CSLL contribution—an important move to secure extra state revenues.
Overview:
The bill will be considered by the Commission of Economic Affairs (CAE) of the Brazilian Senate, in a terminal review. If approved, it will skip the Senate plenary and advance directly to the Chamber of Deputies.
Fixed-odds betting operators would see their tax rate doubled—from 12 % to 24 %. Fintech companies would face CSLL contributions rising from 9 % to up to 20 %.
Revenue estimates show R$ 4.98 billion in 2026, R$ 6.38 billion in 2027 and R$ 6.69 billion in 2028.
Senate CAE chair Renan Calheiros aims to publish the law before 31 Dec so that it takes effect on 1 Jan 2026; otherwise the effective date would shift to 2027.
Details / Context:
The Ministry of Finance and the Secretariat of Economic Policy stated they were not directly involved in drafting the bill, though they view it as a positive step for fiscal strengthening. They caution that adjustments may be needed in view of the IR exemption for individuals earning up to R$ 5,000 per month.
The betting industry is under increasing tax pressure: this proposal marks a paradigm shift in tax treatment of Brazil’s fixed-odds betting operations.
Key themes:
- Impact on operators: doubling of tax rate could influence investment, market expansion and pricing strategies.
- Fintechs and financial services: the CSLL increase up to 20 % places fintechs in the spotlight of stricter fiscal oversight.
- State revenue push: with exemptions widening in IR, the government seeks to tap the iGaming and fintech sectors to plug revenue gaps.
- Risk of implementation delay: failure to publish the law by year end would defer effect to 2027, raising budgetary concerns.
- Regulatory policy momentum: the debate highlights how the iGaming sector is emerging as a major player in public finance and regulatory policy in Brazil.
Outlook:
If approved on schedule and published in time, 2026 will bring a significantly altered tax landscape for Brazil’s fixed-odds betting and fintech sectors—doubling the betting tax and sharply raising the CSLL for financing firms. Market participants should plan for scenarios of legal market contraction, regulatory arbitrage risk or strategic repositioning. In the broader Latin American iGaming market, Brazil’s move may create a ripple effect across jurisdictions.
Investors, platform providers, affiliates and regulators must reassess financial models, compliance frameworks and market entry/exit strategies in Brazil.
🔗 Edited by: @_fonta www.zonadeazar.com