Brazil removes 15% deposit tax from Antifaction Bill
Brazil’s Chamber of Deputies removed Article 14 from the Antifaction Bill, which was approved on February 24, 2026, eliminating the 15% proposed tax on deposits made to...
Brazil
Brazil approves B3 to launch the first prediction market
The Brazilian Securities and Exchange Commission (CVM) has approved B3 to launch the country’s first prediction market for professional investors.B3 plans to launch in...
Daniele Correa Cardoso steps up as head of Brazil’s SPA
After Régis Dudena, Brazil’s Secretary of Prizes and Betting, left his position, Daniele Correa Cardoso was appointed as the new head of the country’s gambling regulator.
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President Lula speaks against iGaming platforms in Brazil
On February 9, 2026, Brazilian President Luiz Inácio Lula da Silva announced that his administration would begin a crackdown on online gambling platforms through tax...
Brazil’s gambling advertising ban moves forward
The Senate Science and Technology Committee has moved toward banning gambling advertising with a bill that would amend Brazil’s Sports Betting Law.The bill includes the...
Brazil’s Secretary of Prizes and Betting leaves position
The Secretary of Prizes and Betting (SPA) in Brazil, Régis Dudena, announced on January 29 that he is departing from the position to take the role of Head of the Secretariat...
Brazil records €5.96B gambling revenue in 2025
In 2025, Brazil’s regulated sports betting and online gaming market generated €5.96 billion in gambling revenue and €1.9 billion in tax revenue, as reported by the Ministry...
Kalshi to offer prediction market in Brazil in 2026
Co-founder of prediction market platform Kalshi, Luana Lopes Lara, announced that the company is looking for possible expansion opportunities into Brazil in 2026.Lopes...
Brazil postpones vote on 15% gambling tax to 2026
Both the Brazilian government and the opposition have agreed to postpone voting on the Antifaction Bill, which includes a 15% tax on gambling deposits, until 2026.The tax...
