Brazil’s Regulamentation

The Brazilian Institute of Responsible Gaming (IBJR) wants to express its full support for the recent comments made by Finance Minister Fernando Haddad in his CBN interview regarding the government’s plans to regulate the betting industry in Brazil. The four main areas he highlighted are critical for correcting the imbalances in the unregulated market and […]

The Brazilian Institute for Responsible Gaming (IBJR), which represents the leading gaming and betting operators in Brazil, is reaffirming its commitment to transparency, responsibility, and regulatory compliance across all its operations. With members accounting for roughly 70% of the country’s betting market, all IBJR affiliates have already submitted their formal licensing applications, showing their dedication

On September 13, 2023, the House of Representatives approved the main text of Bill No. 3,626, which incorporates Provisional Measure No. 1,182 from July 25, 2023, with some modifications. One of the primary motivations behind these changes is to increase federal tax revenue. The bill currently sets the concession fee at up to 30 million

In 2023, the National Congress passed a bill regulating the fixed-odds betting market in Brazil. While the approved text received positive feedback, the veto of the first three paragraphs of Article 31, which addressed income tax on bettors’ winnings, raises key issues for the regulation’s success. Download the report for more information: Simulation of the

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