Brazil’s Betting Sector Sounds Alarm Over Potential Tax Increases
As Brazil’s government considers tax reforms to offset potential fiscal shortfalls, leaders from the country’s licensed betting industry have issued a strong collective warning: raising taxes on regulated operators could devastate the legal market and unintentionally revive illegal gambling operations. Six of the largest gambling and betting associations in Brazil, including the Brazilian Institute of […]
As Brazil’s government considers tax reforms to offset potential fiscal shortfalls, leaders from the country’s licensed betting industry have issued a strong collective warning: raising taxes on regulated operators could devastate the legal market and unintentionally revive illegal gambling operations. Six of the largest gambling and betting associations in Brazil, including the Brazilian Institute of […]
