Betting regulations in Brazil

Guys I'm here to inform you that many of the casinos I used to play in here in Brazil had to leave, through a betting regulation law, the bookmakers that remained had to pay to regulate and it was no small amount of money, they had to shell out millions, with this the player has more guarantee of having his game reliable and where to complain if he feels injured by the bookmaker, The regulation of betting legislation makes activity safer in Brazil

Ordinances issued by the Ministry of Finance prevent money laundering, data theft and the involvement of minors, all to ensure greater security and compliance with the law.

But here comes the best part, the icing on the cake is that when you won on the platform your winnings were paid out in full, for example: you won R$ 100,000.00 reais, now they're yours and you have to pay the tax on the winnings that are rightfully yours, and the platform already pays it to be able to function, How does the bets tax work?

In addition to betting operators, punters are also subject to tax on their winnings. Law No. 14.790/2023 establishes that winnings received by bettors are subject to taxation at 15% of the net winnings, with the possibility of deducting losses accumulated over the course of the year, so dear friends, for this reason many players are stopping their betting, I'm still doing it and what do you think?

Hi,

I expect someone from our external co-workers to get back to you. Someone local, so you get proper response. 😉

Hello, yes we have had this change, as of 01/01/2025 many casinos no longer accept players from Brazil and are sending us emails to close our accounts and where we already had a registration and the houses were regulated we had to re-register, this regulation is very expensive for both sides, I think it's unfair that the house is already paying millions to be able to operate legally and they still want our share, since the majority don't always earn extremely high amounts, but that's the current government, unfortunately they could just leave it the way it was, without interfering so much, but we know they're taxing everything, the air for now is free, kkkk.

I believe that the majority will still find a way to play, but perhaps with less intensity. At the same time, searches for various casinos are only increasing, according to trends some have had a sudden increase of more than 300% in certain regions of the country.

I think it's the economy in general that will tell the truth about this situation, if the economy is doing badly, it affects all sectors and leisure is one of the first to fall sharply. In this sense, only time will show us the reality.

I particularly play as much as possible, without significant gains that for the time being don't affect tax rates. But I would be sad to have to share the result of my luck with this government. At the same time, I hope that more good casinos can join over time and start operating here again, I miss Vera&John 🙁... It was my favorite. NetBet is promising to return soon, cheers!

Good luck 🍀