What are the new rules established by the Brazilian Ministry of Finance for calculating the GGR?
Thursday 06 de February 2025 / 12:00
2 minutos de lectura
(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 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.