🇧🇷 Brazil Confirms 18% Betting Tax Boost

Brazil's adventure with fixed-odds betting taxes has reached a landmark decision. Starting 2026, the betting tax will rise from 12% to 18% over three years, ending political stalemate and discord even within President Lula’s party. The Senate's decision aligns with Lula's goals, providing stability ahead of next year’s elections and aligning with efforts to address gambling taxes by 2025's end. This move is a significant step forward, potentially enriching Brazil's betting landscape and offering operators clarity. 🇧🇷💼