The lowest level includes monthly revenues of up to R$30.8 million (US$5.4m), while the highest range is for revenues exceeding R$660.96 million (US$116.3m). The amounts to be paid per month range, respectively, from just over R$54,000 (US$9,500) to R$1.944 million (US$342,000).
In its response to Valor, the Ministry of Finance stated: “there are currently 80 legal entities that operate the fixed-odds lottery betting modality,” which means that the monthly revenue for the Union with the measure varies from just over R$4.353 million (US$765,000) to R$155.52 million (US$27.35m). In annual terms, the amount varies from R$52.2 million (US$ 9.2m)to R$1.866 billion (US$327m).
The ministry is currently evaluating 203 requests from companies seeking authorization to operate fixed-odds betting in the country.
Last week, the federal government's working group to deal with virtual betting held its first meeting. According to the Ministry of Finance, the group's objective is to propose and implement actions “to prevent, mitigate damage and offer support to individuals and communities affected by compulsive gambling practices” in virtual bets.
Between October 2024 and March of this year, the SPA ordered the blocking of 12.5 thousand domains of illegal betting sites in Brazil, for failing to comply with the legislation in force.
The fixed-odds sports betting market in Brazil began operating in a regulated manner on January 1, 2025. Since then, to operate legally at the national level, betting companies must follow a series of requirements. Among them are the use of the “.bet.br” domain and the identification of bettors through the Individual Taxpayer Registry (CPF) and facial recognition.
When contacted to inform what the purpose of the funds would be, the Ministry of Finance did not respond. The National Association of Games and Lotteries (ANJL) also chose not to comment.
Source: Valor
