Brazil declares over €5.8bn in gambling revenue in market’s first year

Brazil declares over €5.8bn in gambling revenue in market’s first year
Image Credit: Tallita Maynara

For the first full year of Brazil’s regulated betting market, the country’s Secretariat of Prizes and Bets (SPA) has reported gross gaming revenue (GGR) of R$37bn (£5bn/€5.8bn) for 2025.

According to data shared with publication SBC Noticias, the amount represents the money made after Brazil’s regulated gambling system was formally implemented on January 1st, 2025.

At launch, 68 licenses were granted. By the end of 2025, that number had increased to 79 as hundreds of applications were processed by regulators.

Moreover, 10 years of policy development under the administrations of Michel Temer, Jair Bolsonaro, and current president Luiz Inácio Lula da Silva came to an end with the rollout.

Tackling the Black Market and Monitoring Compliance

Fighting long-standing illegal gambling operators was one of the main priorities during the first year.

The country’s Ministry of Finance claimed that 550 bank accounts connected to illicit betting payments were closed as a result of 1,255 reports of suspicious activity. This involved 1,687 people brought about by regulatory and financial oversight.

Additionally, the government removed 324 profiles and 229 publications endorsing unregulated operators, blocked over 25,000 unlicensed websites, and carried out 412 inspection procedures targeting digital influencers.

“The year 2025 marked the first time the State was fully present in this market,” said Regis Dudena, the Secretary of Prizes and Betting at the Ministry of Finance. “Data was received, allowing for an objective understanding of the sector, in addition to monitoring tools to track compliance with the established rules.”

Additionally, SPA data revealed 132 instances of licensing violations among 133 betting companies, of which 80 resulted in the processing of penalties.

Over 217,000 requests to restrict gambling were received by the self-exclusion register by the end of 2025.

Revenue Growth and Tax Developments

Brazil’s Federal Revenue Bureau (FRB) has also illustrated a strong surge in its tax intake, rising from merely R$91m (£12m) in 2024 to R$9.9bn (£1.3bn) in 2025, out of which R$2.5bn (£348m) was authorization fees and R$95.5m (£13.3m) inspection fees.

Such a situation is a reflection of the first calendar year of gambling tax collection being regulated.

The operator levy will increase from 12% to 15% by 2027 and to 18% by 2028 under a new tax framework that President Lula approved in late 2025.

A 15% tax on customer deposits is one of the other measures that policymakers are considering.

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