Brazil’s regulated betting market to inject $5B into the economy. Brazil to also raise betting tax from 12% to 18% by 2028. A man stands in front of multiple sports-betting screens showing soccer matches, with a large Brazilian flag hanging on the wall behind him.

The Senate Economic Affairs Committee in Brazil have approved the rise in sports betting and online gaming tax this week.… Continue reading Senate panel approves sports betting tax hike in Brazil rising to 18% by 2028

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