Land-based casinos and online gaming platforms contributed to a significant increase in tax revenues for Brazil in 2025
In October alone, the country's budget received 261.9 billion BRL (around $3.83 trillion). Adjusted for inflation, this figure represents a 0.92% increase from 247.92 billion BRL ($3.63 trillion) in the same month of 2024. In nominal terms, the growth was 5.6%.
Among the various contributing factors, the government highlighted the rise in tax revenues from gambling and betting. In October, casino operators contributed 1.093 billion BRL ($16 million) to the budget, a stark increase from just 11 million BRL ($161 million) in the same month of 2024. This dramatic growth was fueled by the introduction of regulations for the iGaming market in January.
In August, the government reported that the gross gaming revenue of regulated Brazilian operators for the first six months of the year amounted to approximately 17.4 billion BRL ($254.7 million), with tax revenues during this period reaching around 3.8 billion BRL ($55.6 million).
In recent months, the Brazilian government has been taking steps to increase the tax burden on the betting and gambling sectors. A proposal to raise the tax rate from 12% to 18% is currently under consideration. However, this proposal has faced criticism from the Brazilian Association of Responsible Gaming (IBIR). As a result, a vote on the tax increase, which was scheduled for last week, did not take place.
It is worth noting that Brazil is currently discussing legislation to legalize casinos, bingo, and horse racing.
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