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
SiGMA North America 2026
01 de September 2026
LatAm Regulators Discussed Illegal Gambling and Innovation at SiGMA North America
(Mexico City, SoloAzar Exclusive).- The panel "The Red Pen Forum: Regulators Respond to the Industry," held during SiGMA North America 2026, brought together representatives from Uruguay, Argentina, Puerto Rico, and Honduras to analyze regulatory challenges, digital transformation, illegal gambling, and the need to adapt lotteries for new generations. The conference was moderated by Rodrigo Cigliutti, Executive Director of CIBELAE (Ibero-American Corporation of State Lotteries and Betting), and featured the participation of Marcelo Visconti, National Director of Lotteries and Quinielas of Uruguay; Carlos Moyano, President of IAFAS Entre Ríos, Argentina; Heidi Hernández Olivo, Deputy Secretary of the Puerto Rico Lottery; and Lissa Mencía, General Director of Lottery Operations and Games at Loto Honduras.
Monday 28 Sep 2026 / 12:00
SiGMA North America Addressed Crisis Management in iGaming
(Mexico, SoloAzar Exclusive).- During SiGMA North America 2026, Rosa Ochoa, founder of the Blue Global Gaming platform and strategic advisor for gaming operators; Iliana María Pineda Echeverri, Chief Legal & Compliance Officer at Wplay.co; Iraid Rosales, Country Manager Mexico at Amusnet; and Elizabeth Maya Cano, Executive President of CORNAZAR, analyzed the key factors in managing crisis situations within the iGaming industry, with a special focus on transparency, communication, technology, and preparation.
Friday 25 Sep 2026 / 12:00
Affiliates and Acquisition: Keys to Regulated Markets in North America
(Mexico City, SoloAzar Exclusive).- During SiGMA North America 2026, Cristopher Guzmán Reyes, Head of Affiliates at Logrand Entertainment Group; Guga Júnior, influencer and slots expert at Scalar Partners; Andrés Gómez, Head of Latin America Go-to-Market Strategy at Admattic; Yambot Aguilera, Gaming and Finance Sales Director at Google; and Paula Gabriel Jiménez, Advertising Client Growth Director for Microsoft at Aleph, analyzed the state and provincial affiliate ecosystem in North America, as well as the acquisition challenges in regulated markets.
Thursday 24 Sep 2026 / 12:00
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