Brazil: Senate Postpones vote on new Tax for bets and fintechs
Brazil.– November 27, 2025 – www.zonadeazar.com The economic commission rescheduled to December 2 the vote on a bill raising taxes on online betting and fintechs — a move that puts the industry on alert.
Overview
The bill to increase taxes on sports betting (bets) and fintech companies was scheduled for discussion this Wednesday by the Comissão de Assuntos Econômicos (CAE). However — after a request for review from the rapporteur — the vote was postponed to Tuesday, December 2.
The proposal aims to double the fixed-odds betting rate and raise the social contribution on net profits (CSLL) for digital financial firms. If approved, it would significantly change the fiscal regime impacting the iGaming and fintech sectors in Brazil.
Industry stakeholders are watching closely, because tax hikes could affect operating margins, investment plans, business models and the financial viability of online betting platforms and fintech services.
Details / Background
The bill, known as PL 5.473/2025, envisions a gradual increase of CSLL for fintechs — with rates rising toward 2028 — along with a tougher tax regime for betting. According to the rapporteur’s draft, some rates could reach their maximum by late 2028.
It also introduces new supervision rules: betting operators may require governmental approval for operator “suitability”; stricter advertising controls; rapid takedown (within 48 working hours) of irregular ads; and duty to report violations when requested.
The postponement came after the rapporteur presented a supplemental bill adjusting gradual tax increases — triggering a “general view” request by some senators to review the content carefully.
Key Subtopics
Impact on betting and fintech industries
An abrupt tax increase could erode profitability and hinder expansion plans in Brazil and other Latin markets, potentially pushing operators toward less regulated jurisdictions or informal channels.
Regulatory and compliance risk
Defining “suitability” criteria for operators, combined with tighter advertising control, adds compliance burdens and operational costs for companies.
Regulatory uncertainty and timing
The delay signals internal disagreement over the proposal. The planned gradual tax hikes until 2028 and fiscal offsets are under scrutiny — creating uncertainty for investors, operators, and affiliates.
Future outlook
With the vote rescheduled for December 2, the iGaming and fintech sectors are likely to intensify lobbying efforts, seeking to soften or reshape the final text. Operators may present arguments to protect profitability and sustainability.
If approved, the bill could reshape Brazil’s online betting market: pricing, commissions, platform operations and international presence might all be affected. If modified or rejected, the current framework may hold — at least until new regulatory proposals emerge.
The outcome will also influence the regulatory and fiscal environment for the sector across the region.
🔗 Edited by: @_fonta www.zonadeazar.com