Brazil Could Lose $600 Million in Betting Tax Revenue

Industry warns of high tax impact on the legal market

July 16, 2025 – www.zonadeazar.com According to UOL, sports betting operators estimate that the Brazilian government may lose around R$3 billion (~$600 million) in tax revenue due to the current 12% Gross Gaming Revenue (GGR) tax rate.

High taxation may push operators to irregular markets

Operators argue that this high tax burden discourages formal market participation, potentially driving platforms to operate irregularly or exit the Brazilian market, reducing expected revenue.

Government projected R$12 billion per year

Experts warn that maintaining the current tax structure could significantly reduce the expected revenue, harming both market sustainability and public finances.

🔗 Edited by: @_fonta www.zonadeazar.com