Growing Tax Burden Raises Concerns Among Operators and May Drive Bettors to Illegal Platforms
Brazil’s legal betting market faces growing challenges as rising taxes threaten its competitiveness. The recent increase in fiscal rates, including the IOF, has raised concerns among operators and investors, pushing bettors toward unregulated platforms. Experts warn that excessive taxation could drive away international investment, reduce government revenue, and weaken trust in Brazil’s regulatory system. A balanced, progressive tax model is essential to sustain a fair, transparent, and competitive iGaming environment in Latin America.