Re: Gambling tax hike in Brazil

Quote from: peter0425 on June 10, 2025, 08:23:23 PM

Brazilian Finance Minister Fernando Haddad has confirmed gambling tax in the country will increase from 12% to 18% of GGR.

Do you think that casinos would continue to want to operate in Brazil with these taxes? I am assuming that as a result, casinos would offer higher prices on their services as well due to the taxes and would most likely drive away customers. Would this eradicate the gambling sector altogether?

I think if the casino still gets profit even though there is tax increase from the government they will still operate there but on the other hand if the tax is detrimental why should they continue the business? And for the casino customers maybe with the tax increase it can affect a little bit by for example the withdrawal fee will be increased a little but I don't think it will reduce customers.