Ep 564: Is Brazil's iGaming Future at Risk? New Tax Proposals Under Fire
In this episode of iGaming Daily, hosts Fernando Noodt is joined by Elisa Marcante, Ana Maria Menezes & Damian Martinez, dive deep into the evolving iGaming landscape in Latin America, with a sharp focus on Brazil’s regulatory developments.
Sponsored by Optimove, the conversation opens with an analysis of the proposed increase in Brazil’s Gross Gaming Revenue tax rate from 12% to 18%, a change that has triggered widespread concern across the industry. The team unpack how these proposed tax hikes could threaten the stability of Brazil’s newly regulated market, just six months after its launch, and potentially cost the government billions in lost revenues and licensing fees, according to projections from the National Association of Games and Lotteries.
Additionally, listeners will learn about the Brazilian government’s broader regulatory efforts, which aims to introduce the National Betting System to standardise operations, protect consumers, and promote responsible gaming practices nationwide.
Beyond Brazil, the podcast offers a regional roundup of key iGaming updates across Latin America. In Uruguay, lawmakers are pushing to restrict casino operations to mitigate gambling addiction, while in Peru, President Dina Boluarte’s recent veto of a bill altering the tax regime for online sportsbooks has sparked fresh debate.
The hosts explain how this decision preserves the current Selective Consumption Tax framework and reinforces regulatory authority over foreign operators.
Host: Fernando Noodt
Guests: Elisa Marcante, Ana Maria Menezes & Damian Martinez
Producer: Anaya McDonald
Editor: James Ross
Sponsored by Optimove, the conversation opens with an analysis of the proposed increase in Brazil’s Gross Gaming Revenue tax rate from 12% to 18%, a change that has triggered widespread concern across the industry. The team unpack how these proposed tax hikes could threaten the stability of Brazil’s newly regulated market, just six months after its launch, and potentially cost the government billions in lost revenues and licensing fees, according to projections from the National Association of Games and Lotteries.
Additionally, listeners will learn about the Brazilian government’s broader regulatory efforts, which aims to introduce the National Betting System to standardise operations, protect consumers, and promote responsible gaming practices nationwide.
Beyond Brazil, the podcast offers a regional roundup of key iGaming updates across Latin America. In Uruguay, lawmakers are pushing to restrict casino operations to mitigate gambling addiction, while in Peru, President Dina Boluarte’s recent veto of a bill altering the tax regime for online sportsbooks has sparked fresh debate.
The hosts explain how this decision preserves the current Selective Consumption Tax framework and reinforces regulatory authority over foreign operators.
Host: Fernando Noodt
Guests: Elisa Marcante, Ana Maria Menezes & Damian Martinez
Producer: Anaya McDonald
Editor: James Ross
