What are the new rules established by the Brazilian Ministry of Finance for calculating the GGR?
Thursday 06 de February 2025 / 12:00
⏱ 1 min read
(Brasilia).- Last Friday 31 January, the Ministry of Finance's (MF) Department of Prizes and Betting published rules for calculating the Gross Gaming Revenue (GGR), which is the revenue from betting minus the prizes paid to the winners and the Income Tax deducted from the prizes.
The GGR is the basis for calculating all the social allocations set by Law 14.790/23 and also for collecting taxes on this economic activity (PIS, Cofins and ISS).
The GGR rules for non-withdrawable financial rewards on fixed-odds bets can be found in SPA MF Technical Note 299, available on the Ministry of Finance website.
These rewards, permitted by the fixed-odds betting regulations, are used by betting operating companies to build customer loyalty.
Although they are sometimes referred to generically as bonuses, they are different from entry bonuses, which are prohibited by Law 14.790 as a way of attracting new customers.
Withdrawable financial rewards are not included in the GGR calculation base, unless the benefits are used by punters to place bets. As the regulated fixed-odds betting market began on 1 January and the tax base, as well as its collection for the National Treasury, is monthly, the Technical Note aimed to clarify how to include this type of reward.
Categoría:Legislation
Tags: Sin tags
País: Brazil
Región: South America
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
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(Lima, SoloAzar Exclusive).– As part of the Peru Gaming Show (PGS) 2026 conferences, gaming industry leaders analyzed one of the main challenges currently facing regulated markets in Latin America: the growth of illegal gambling. The panel "Regulation and the Black Market: Challenges and Solutions" brought together Carlos Fonseca, CEO of Gaming Law, as moderator; Neil Montgomery, founding partner of Montgomery & Associados; Tatiana Vásquez, founding partner of Vázquez Asociados; Karen Sierra Hughes, Vice President for Latin America, the Caribbean, and Spain at GLI; and Vanessa Cabrera, Director of the Control and Sanction Directorate of the DGJCMT-MINCETUR, who debated the causes of the black market, the available regulatory tools, and strategies to strengthen channeling toward legal gaming in the region.
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(Lima, SoloAzar Exclusive).- Fernando Polti, Founder & CTO of IAG Play analyzes the company's participation in Peru Gaming Show, highlights the expansion of its terminal ecosystem and anticipates the company's next projects to consolidate its presence in Latin America during 2026.
Monday 13 Jul 2026 / 12:00
APADELA and the Future of Sports Betting in Peru Following Regulation
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Friday 10 Jul 2026 / 12:00
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