New Bill in Brazil Seeks to Tax and Regulate Gambling New Bill in Brazil Seeks to Tax and Regulate Gambling
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Key Takeaways
  • Senator Ciro Nogueira has presented a draft bill to formally regulate and tax gambling in Brazil.
  • The bill would provide a legal structure for all forms of gaming from bingo halls and casinos, to online lotteries and poker.
  • Nogueira proposes a tax rate of 10% and estimates that gaming tax revenues could reach $6.8 billion.

Senator Ciro Nogueira has presented a draft bill to formally regulate and tax gambling in Brazil, including online poker.