Brazil plans to raise gambling tax to 24%, industry warns it may destroy the market

Brazil's Chamber of Deputies has proposed a new bill (PL 5,076/2025) that plans to increase the tax rate for gambling operators from the current 12% to 24%, sparking strong opposition from the industry. Expert Elvis Lorenzo criticized the proposal as "crazy," warning that doubling the tax could lead

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Brazil plans to raise the gambling tax rate to 24%, with the revenue to be used for social security and healthcare sectors.

Brazil's Workers' Party leader in the House of Representatives, Lindbergh Farias, proposed a new bill (PL 5,076/2025) on October 9th, planning to raise the gambling tax rate in the Brazilian market from the current 12% to 24%, doubling the rate. The proposal was made the day after a temporary measur

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