Post
Topic
Board Gambling discussion
Re: Gambling tax hike in Brazil
by
coin-investor
on 13/06/2025, 22:02:19 UTC

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?

Taxes will not and cannot eradicate gambling; it's a form of activity that people always want to return to satisfy one of their needs to be entertained. It's here to stay, even with government restrictive action, they will have a hard time eradicating gambling.
Higher taxes on vices are not something new, even my country implements it as part of its government strategy to make it appear that vices, including gambling, are not appealing when in fact they're their cash cow.