by Michael Molter | Jul 26, 2023 11:18 am | Legal
Brazil could see sportsbooks launch online and in person within the next few months. Expectations have the Brazilian Congress modified the sports betting measure signed this week. BRASILIA – President Luiz Inacio Lula da Silva signed a sports betting measure on...
by Jeremias Di Vico | Apr 18, 2023 3:12 pm | Legal
Following the move to legalize sports betting, Brazil has seen a slew of sportsbooks enter the market and offer their services. New proposals slated to be featured in a provisional measure seek to tax sportsbooks at 15%, but concerns over additional taxes may threaten...
by Jeremias Di Vico | Mar 7, 2023 4:53 pm | Legal
Following Luiz Inácio Lula da Silva’s election victory, Brazil began spending on social programs and are looking to tax online sports gambling to recoup these losses. Early reports estimate that the move to legalize and regulate online sports betting would net between...
