BNLData challenges revenue claims used to support Brazil’s fixed-odds betting ban
By The Weekly Edge desk ·
Summary
BNLData disputes Receita Federal secretary Robinson Barreirinhas’s claim that spending shifted from fixed-odds betting would raise tax revenue elsewhere. Citing government figures, it says regulated betting generated substantial tax and statutory contributions, and argues a ban could shift activity to illegal sites. The article says the government has not provided evidence for its projected revenue replacement.
Why it matters
Disputed revenue claims and the risk of activity shifting to illegal sites complicate assessment of Brazil’s proposed ban.