Campaigns in Brazil to overturn Lula's betting bill veto
Wednesday 11 de September 2024 / 12:00
⏱ 1 min read
(Brasilia).- The National Association of Games and Lotteries (ANJL) will begin a campaign this Thursday to convince deputies, senators and the federal government to overturn a partial veto by Lula of the sports betting bill that changed the taxation of bettors' winnings.
Recently, the president of the Senate and National Congress, Rodrigo Pacheco (PSD-MG), announced that he had reached an agreement with the Planalto Palace to convene a session to analyse vetoes and vote on credit bills next Thursday, 18 April.
The betting association is in favour of reinstating the original text of the proposal, which established annual income tax on winnings, created an exemption band and allowed betting losses to be deducted from the taxable base.
With Lula's veto, the law now requires income tax to be paid on every prize paid out and on any amount. The ANJL argues that the combination of these factors ‘practically cancels out the effectiveness of federal regulation of the sector’, claiming that punters could migrate to clandestine sites.
When it recommended the veto contested by the betting association, the Ministry of Finance said that the sections would violate tax equality by creating ‘a logic of income tax exemption at odds with the ordinary rules that exist in the context of receiving prizes from lotteries in general’.
For the president of ANJL, Plínio Lemos Jorge, ‘maintaining these vetoes will harm everyone involved, except the illegal market, which will gain a wave of gamblers fleeing this mistaken taxation’.
Categoría:Legislation
Tags: Sin tags
País: Brazil
Región: EMEA
Event
SBC Summit Rio 2026
03 de March 2026
Pay4Fun Showcases Payment Innovation and Regulatory Leadership at SBC Summit Rio
(Rio de Janeiro, SoloAzar Exclusive).- Leonardo Baptista, CEO and co-founder of Pay4Fun, showcased the firm’s role as Brazil’s first authorized payment institution for the regulated betting and gaming market during SBC Summit Rio. Highlighting compliance, sector expertise, and efficiency, the company positioned itself as a trusted partner for operators adapting to Brazil’s new regulatory framework.
Friday 20 Mar 2026 / 12:00
Eeze LatAm's Maximiliano Ramos after SBC Summit Rio: "Brazil is the industry's spotlight today"
(Rio de Janeiro, SoloAzar Exclusive).- In this interview, Maximiliano Ramos, Eeze's Partnership Manager LATAM , analyzes the value of SBC Summit Rio as a key meeting point for the industry, the growth of the Brazilian regulated market and the opportunities opened up by artificial intelligence, strategic networking and innovation in user experience for gaming in the region.
Thursday 19 Mar 2026 / 12:00
Digital infrastructure strengthens trust in Brazil’s regulated betting market
(Rio de Janeiro).- The development of a robust technological infrastructure was highlighted as one of the key pillars for the functioning of Brazil’s regulated betting market during the panel “Building the Digital Infrastructure in Brazil’s Regulated Market,” held at the SBC Summit Rio event. The debate brought together representatives from the government, operators, and technology companies to discuss data monitoring, digital security, and consumer protection.
Friday 06 Mar 2026 / 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.