Online gambling has already generated over USD 550 million for the Federal Government in 2025
Monday 30 de June 2025 / 12:00
⏱ 2 min read
(Brasilia).- According to information from the Federal Revenue Service, online betting taxes jumped 40,000% from January to May compared to the same period in 2024.
Federal revenue from gambling and sports betting reached R$3.03 billion from January to May this year, according to data released on Thursday (26) by the Federal Revenue Service. The figure represents a jump of more than 40,000% compared to the same period in 2024, when only R$7 million were collected.
Just in May, the amount collected was USD 150.7 million, compared to USD 740,000 in the same month last year - an increase of 23,096.8 per cent. The significant advance reflects the implementation of taxation on Gross Gaming Revenue (GGR), the basis used to calculate the taxes owed by bookmakers.
The law that started charging taxes on betting was passed in January 2024, and in October of the same year companies had to apply for operating permits and pay the fees to be considered legalised.
The GGR corresponds to the operators' net revenue, i.e. the total wagered minus the prizes paid out to players. Taxes were levied on this base with the regulation of the fixed-odds betting sector, such as those carried out through digital platforms.
According to the tax office, the gambling sector has surpassed traditional sectors of the economy in terms of revenue. In May, it collected more than activities such as education (USD 95.6 million), machinery and equipment manufacturing (USD 75.6 million) and retail trade (USD 93.9 million).
The Ministry of Finance has announced that the GGR rate on bets will rise from 12% to 18% as of 1st October.
The measure is included in a Provisional Measure with alternatives to the increase in the decree that raised the IOF, and should have a positive impact on tax collection: USD 52.8 million in 2025 and around USD 314.8 million a year from 2026.
Categoría:Online Games
Tags: Sin tags
País: Brazil
Región: South America
Event
BiS SiGMA South America 2026
06 de April 2026
Viviana David Discusses IGT PlayDigital's LATAM Growth Strategy
(São Paulo, SoloAzar Exclusive).- At SIGMA São Paulo, Viviana David, Head of Commercial LATAM at IGT PlayDigital, shared insights on the company’s vision for Brazil and the wider Latin American market. In this interview, she discusses the opportunities driving IGT’s participation, the business connections forged, and how innovative digital solutions are shaping the future of iGaming across the region.
Monday 18 May 2026 / 12:00
Fast Track Showcases AI-Powered CRM Innovation at BIS Sigma South America 2026
(São Paulo, SoloAzar Exclusive).- At the recent BIS Sigma Edition, Fast Track highlighted how its AI-driven CRM solutions are reshaping operator strategies in Brazil’s newly regulated iGaming market. Muriel Le Senechal, Regional Commercial Manager for LatAm, shared insights on the industry’s shift from acquisition to retention, emphasizing the role of automation, personalization, and real-time engagement in driving sustainable growth.
Tuesday 12 May 2026 / 12:00
Pay4Fun’s Leonardo Baptista on BiS SiGMA South America 2026: Regulation, Market Maturity and Brazil’s Expanding Opportunities
(São Paulo, SoloAzar Exclusive).-In this interview at BiS SiGMA South America 2026, Leonardo Baptista, CEO and co-founder of Pay4Fun, shares insights on the event’s strategic importance for the Latin American gaming industry. He highlights the growing maturity of regulatory discussions, the increasing focus on compliance and sustainability, and the expanding opportunities in Brazil—one of the most promising regulated markets globally.
Thursday 07 May 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.
