Noticias de ultima
  • 12.00 Air Dice Expands Portfolio with SOFTSWISS Game Aggregator
  • 12.00 APPG Launches Major Inquiry into Future of UK Gambling Regulation
  • 12.00 CT Interactive presents the Diamond Tree Jackpot
  • 12.00 Onlyplay presents Lady Lemon Fruits – where summer never ends
  • 12.00 Japan Updates Legislation to Ban Online Casino Ads Amid Offshore Gambling Enforcement
  • 12.00 BHA Urges Government to Apply Lower Betting Tax to Horseracing to Protect Jobs and Industry
  • 12.00 iGaming growth pushes Denmark gambling revenue to USD 107 million in May
  • 12.00 Gaming Control Board Reports Y-O-Y 5.4% Increase in Revenue for June 2025 in Pennsylvania
  • 12.00 Las Vegas Strip: IRS Updates Slot Machine Tax Rules
  • 12.00 Legends Charity Game in Lisbon to raise millions for charity
Legislation

Brazilian sports betting reform

Friday 11 de January 2019 / 11:59

2 minutos de lectura

(Brazil).- With the enactment of Law 13,756 on 12 December 2018, Brazil has taken a big step towards regulating and legalising sports betting.

Brazilian sports betting reform



Until now, gambling has been heavily restricted in Brazil; limited to the lottery operated by state financial institution, Caixa Economica Federal, and on/off track and online horse race betting. More recently, there has been a surge in the popularity of international sports betting websites. Their offering of gambling to consumers in Brazil is widely considered to be illegal, but there has been no enforcement action taken against them to date.


However, with the government seeking new sources of revenue to plug its budget deficit, there have been various initiatives to liberalise different types of gambling. The President’s approval of this law should open up a very promising betting market, which may include physical betting shops and online gambling.


Legalising sports betting


The new law establishes a framework for future regulation of sports betting and fixed odds betting. With the president’s approval, a two year period has been triggered for the Ministry of Finance to flesh out the details of how to implement the law, including whether, how and how many licences will be issued. This period can be extended for a further two years, if required.


Total sports betting stakes will be allocated as follows under the new regime:


























 



Physical Betting Shops



Online Gambling



Prize payouts and income tax retention



min. 80%



min. 89%



Sports, education, public security and social security



6%



3%



Gambling operator costs and profit



max. 14%



8%



 


Winnings not claimed by bettors, within the limitation period, will be paid to the Treasury and used to fund central government contributions to the Student Financing Fund – FIES.


Whilst the Law offers specifics with regards to the fiscal regime, various factors have been left to the Ministry of Finance to determine the most suitable model to apply in Brazil. It will be interesting to see the approach of the incoming Bolsonaro government to this question, when it takes office on 1 January 2019. Whilst the Ministry of Finance is generally expected to be economically liberal, and the incoming government will face the same budget pressures as the current one, Bolsonaro was elected with strong support from evangelical Christians and other social conservatives, who may resist gambling liberalisation.


The government could appoint Caixa Economica Federal as the national lottery operator, creating a sports-betting monopoly. However, considering their privatisation tendencies, it seems likely that the elected government would choose to license multiple operators. Considering immediate budgetary considerations, those licences may also be subject to the payment of significant up-front fees. It is unclear though whether online and physical betting would be licensed separately or jointly, what geographical restrictions might apply within Brazil, how many licences would be awarded, and whether they would be under an authorization or concession model.


Another issue of interest to the global gambling industry will be the impact of this legislation on enforcement of unregulated, overseas sports betting sites. Considering their incentive to maximise tax revenues, the government is likely to try to discourage offshore betting. This may include commencing criminal proceedings against bettors in Brazil and enforcement action against those connected with offshore betting providers. They may introduce IP blocking to prevent access to foreign sites and explore cross-border collaboration with other governments to clamp down on betting operators that do not comply with new Brazilian regulations.



With a fanatical football culture and a population of 200 million, the author of the Law, Senator Flexa Ribeiro has estimated the Brazilian online sports gambling market to be worth R$4.3 billion (US$1.1 bilion) per year. The approval of this law is therefore a significant development for the sector globally. However, much has yet to be determined, which will affect the availability and profitability of investment opportunities. It is therefore advisable for international sports betting companies to seek to engage with the incoming government, to make the case for their investment and revenue-generating capacity and to contribute their international experience in the process of defining the regulations needed to implement this new law.




Categoría:Legislation

Tags: betting software, Betting On Football, Betting On Sports, Sports Betting, Sportsbook ,

País: Brazil

Event

Peru Gaming Show 2025

18 de June 2025

Facephi presented its digital identity verification solutions for the online gaming sector in Peru at PGS 2025

(Lima, SoloAzar Exclusive).- Facephi is consolidating its position as a strategic partner for responsible online gaming in Peru, presenting advanced identity verification, fraud prevention, and regulatory compliance solutions at PGS 2025, adapted to an increasingly digital and demanding ecosystem. In this interview, Bruno Rafael Rivadeneyra Sánchez, the firm's Identity Solutions Senior Manager, explores how its technology is redefining gaming security standards, with a preventative, seamless, and 100% regional approach.

Friday 18 Jul 2025 / 12:00

From PGS 2025, Win Systems Redoubles its Commitment to Peru: Innovation, Proximity, and Regional Expansion

(Lima, SoloAzar Exclusive).- In a revealing interview, Galy Olazo, Country Manager of Win Systems in Peru, analyzes the company's strategic role in one of the most thriving markets in the region. Its participation in the PGS 2025 trade show not only left its mark with its technological advances, such as the new Gold Club Colors electronic roulette wheels and the WIGOS management system, but also reaffirmed its commitment to the transformation of the sector and its consolidation in Latin America.

Tuesday 15 Jul 2025 / 12:00

Key debate during PGS 2025: Enforcement: Process to ensure compliance (laws, norms, rules)

(Lima, SoloAzar Exclusive).- During the 2025 edition of the Peru Gaming Show, the conference ‘Enforcement: Process to ensure compliance (laws, norms, rules)’ took place, with an international panel of professionals who debated about the current challenges to combat illegal gaming and guarantee the application of the laws in the sector, both in Peru and in the Latam region.

Monday 14 Jul 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO