Betting Companies Double Revenue in Brazil and Already Pay as Much Tax as Tobacco and Agriculture

Brazil's betting and online casino industry doubled its revenue in the first four months of 2026 compared with the same period in 2025. Tax revenue jumped from R$2.2 billion ($425 million) to R$4.5 billion ($869 million), approaching the amount paid by the tobacco and agriculture sectors, which each contribute about R$1 billion per month. Industry revenue reached R$12.2 billion ($2.3 billion) in the first four months of the year, compared with R$36.9 billion ($7.1 billion) during all of the previous year. Leia mais (06/08/2026 - 12h36)