Brazil’s Misguided Approach to Betting Sector Taxation
The Federal Government’s release of Provisional Measure 1.182/23 has set off alarms in the global igaming industry about the viability of the Brazilian market, which has the potential to become the world’s largest regulated market. The concern isn’t just about the unexpectedly high 18% tax on GGR (gross gaming revenue). Despite the high percentage, companies […]
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