The iGaming industry reacted negatively to Brazil's sports betting PM, which regulates sports betting, and now hopes are pinned on amendments that will be made in the National Congress. After the publication of Provisional Measure No. 1,182, sports betting became a regulated activity in...
An unprecedented survey - commissioned by Aposta Legal Brasil and requested by Opinion Box - indicates that 64% of Brazilians believe that the sports betting regulation in Brazil - formalized this Tuesday, 25th, by President Lula through a provisional measure - will be positive for the country.

Government can make the amounts to be paid by bookmakers in Brazil more flexible

The Federal Government can make the amounts to be paid by bookmakers more flexible to operate in Brazil. This facilitation is a way to compensate companies after the sector's taxation is above what was being announced by the government itself. This...
After much waiting, Brazil sees a new door open with the signing, this Tuesday (25), of the PM for sports betting, which establishes the regulation of the sector in Brazil. The rules are already in effect, however, to remain valid, they will need to...
This Tuesday, the 25th, the Federal Government published the PM for sports betting, a provisional measure that regulates the sector. According to the new measure, bookmakers will be taxed at 18%, and Income Tax will be charged on bets won above the exemption range...
The government published this Tuesday, July 25, the PM for sports betting in the Official Gazette - which promotes the regulation of the segment in Brazil. The new norms are already in effect, but will still be analyzed by the National Congress within a...

PM for sports betting is signed

This Tuesday (25), the government published in the Official Gazette the PM for sports betting, which establishes the regulation of the sector in Brazil. The rules are already in effect, however, to remain valid, they will need to undergo an analysis by the National...
The Federal Government should publish the sports betting regulation in Brazil soon. As reported by BBC News Brasil, the projects are awaiting a decision from President Luiz Inácio Lula da Silva. The regulation of sports betting in Brazil should happen via...

Sports betting in Brazil: taxation and allocation of funds

With the taxation of sports betting in Brazil practically defined, there are expectations of a great advance in the regulation of the sector in the coming days. The issue has been under discussion for months, and the government has committed to defining rules to...
The Minister of Finance, Fernando Haddad, said last Thursday, the 20th, that the proposal will be forwarded to Congress with a view to regulating and taxing sports betting. According to Haddad, this new source of revenue could yield around 2 billion reais next year....

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