Brazil’s Proposal to Raise Betting Tax to 18%: A Double-Edged Sword for the Gambling Industry

Article By Stephen Crystal – Founder & CEO, SCCG – SCHEDULE A MEETING! Brazil’s government has taken a bold step in its fiscal strategy by issuing a Provisional Measure (MP) to raise the tax on online betting operators from 12% to 18% of their Gross Gaming Revenue (GGR). This 50% tax increase, set to take effect on … Continue reading Brazil’s Proposal to Raise Betting Tax to 18%: A Double-Edged Sword for the Gambling Industry