Brazil betting taxes hit R$11.1bn in 9 months

Between January and September 2026, Brazil’s taxes on betting and gambling reached to R$11.116 billion. The number also included Caixa lotteries. The September figures mark the final month before the country’s betting ban began disrupting licensed operators, putting further revenue growth at risk. On October 22, Brazil’s Federal Revenue Service released a data that shows sector collections reached R$1.206 billion in September, up 3.7% from R$1.163 billion in August. The figure, that included federal taxes such as Corporate Income Tax (IRPJ), Social Contribution on Net Profit (CSLL), PIS and Cofins, was 7.94% lower than the estimated R$1.310 billion collected in September 2025. For licensed betting operators to fully operate September was the last month before the Provisional Measure 1,394/2026 began. From January to September, fixed-odds betting companies generated R$3.72 billion in legally mandated allocations to beneficiaries under Law No. 14,790/2023, including sports, tourism and public security. They also contributed R$3.14 billion in federal taxes and contributions, according to Marcelo Gomide, the Federal Revenue Service’s coordinator of Forecasting and Analysis. Claudemir Malaquias, head of the agency’s Center for Tax and Customs Studies, added that some gambling-related revenue would continue because the measure does not cover every betting and lottery category. Betting ban puts 2026 revenue forecast at risk The nine-month figures have already surpassed the previous year’s total, but the suspension of fixed-odds betting risks undermining hopes for more success. BNL data had predicted that yearly income may reach R$14.6 billion to R$15.5 billion in 2026. But it is now being threatened as exclusively fixed-odds betting revenue is not being reported anymore, so the overall picture will depend more on sources of revenue other than fixed-odds betting, including Caixa lotteries. According to the report, fixed-odds betting has produced R$6.86 billion of taxes and contributions during the first nine months. The impact may also be felt by beneficiaries in the public sector. BNLData believes that the ban may jeopardize R$18 billion over this period for all lawful beneficiaries by the expiration of the current licences. It is unclear how the provisional measure will evolve. It must go through Congress in order to be kept in place, while there are also lawsuits challenging the prohibition pending in the Supreme Federal Court. Justice Luiz Fux, who is in charge of the case, was expected to issue a ruling after the second round of elections. The September figures highlight the financial stakes as Brazil’s betting policy remains contested.