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.
According to the survey, the perceived benefits are, in particular, increased confidence in accessing sports betting sites (42%), more security for bettors (40%) and transparency of the information offered by the houses (39%).
When analyzing the perception of fraud, 45% of people believe that they will fall, but there are still 22% who do not believe that this scenario will change.
In the security scenario, 44% believe that there will be more security after regulation, but there are still 32% of people without a formed opinion.
Half of bettors are unlikely to change habits after sports betting regulation
Among regular bettors, 54% intend to continue betting in the same way, but 31% say they will reduce their betting frequency.
Among those who do not bet on the current moment, most do not have a formed opinion.
Among those who have, 34% do not intend to start playing, even with the official regulation of sports betting.
Thinking that after the regulation of sports betting sites/applications companies will have their headquarters in Brazil, 37% of Brazilians believe that the fact will contribute to job creation in the country.
Furthermore, 55% believe that the number of people betting will grow with regulation.
The sports betting regulation is already in effect
As per sports betting regulation, companies will be taxed at 18%. Therefore, the bookmakers will be able to keep the 82% of the resources that remain.
Taxes collected from bookmakers will be divided as follows:
- 10% for social security,
- 0.82% for basic education,
- 2.55% for the National Public Security Fund,
- 1.63% for clubs and athletes,
- 3% for the Ministry of Sports.
While the prize is awarded, the bettor will be taxed at 30% of the Income Tax on bets won above the exemption range. However, all prizes up to R$ 2,112.00 will be exempt.
The regulation will also help encourage responsible gambling and combat attempts of match-fixing at sporting events.
The norms came into effect this Tuesday, the 25th. However, the MP must pass through the National Congress within four months.
Research methodology
In May of this year, 501 Brazilians aged over 18 were interviewed, distributed across all social classes and residents of the five major regions of the country.
Of these, 51% are female and 49% are male.
About Aposta Legal Brazil
Aposta Legal Brasil was born in 2019, bringing specialized content in sports and betting.
The entity’s objective is to promote responsible gambling and offer Brazilians reliable and up-to-date information about the world of betting and the sector’s regulatory process in the country.
The group offers complete material for those who want to know more about this topic, publishing updated news, guides, tutorials and reviews of betting sites.
