Industry Proposes 15% ‘Cide‑Bets’ on Online Wagers in Brazil

Overview

• The National Industry Confederation and its Industry Forum unveiled a manifesto in Brasília proposing a 15% contribution on amounts wagered, framed as a selective levy to support health and education.
• The measure is pitched as temporary through 2027, with sponsors proposing replacement by the selective tax envisioned under Brazil’s tax reform.
• Research cited by the groups projects R$8.5 billion in revenue in 2026 and models a roughly 22.5% drop in betting volume to about R$56.6 billion a year.
• Betting operators currently face corporate and consumption taxes plus a 12% charge on net betting revenue, and player winnings are taxed at 15%.
• The initiative follows the expiration of an executive bid to raise the rate to 18% and comes as a Chamber finance panel advanced a separate bill to lift the rate to 24%, according to ISTOÉ.