Brazil’s regulated fixed odds betting market has continued to demonstrate notable growth as it moves into its second year of formal operations. Following a successful launch phase in 2025, the sector has expanded both in scale and in economic contribution. Current estimates indicate that the market includes 83 licensed operators and approximately 29.4 million active users. Public revenue generated from the sector has reached around R$ 37 billion, highlighting its significance within the national economy....
Continue Reading
iGaming News, Taxation
December 30, 2025
Brazil to raise betting tax to 15% by 2028 for revenue growth
President Luiz Inácio Lula da Silva has officially signed a new law that will increase taxation on betting companies operating within Brazil, marking a significant development in the country's regulated...
Companies & People
September 25, 2024
Andre Gelfi’s Impact on Brazil’s iGaming Scene
Andre Gelfi stands as a pivotal figure in the Brazilian iGaming landscape, shaping the industry with his commitment to responsible gaming and sustainable practices. As the Managing Partner for Betsson...