Ep 148: Brazilian sports betting bill sees tax reductions

Following a week of waits and postponements, the Brazilian Senate’s Committee on Economic Affairs approved the bill that will see the regulations of fixed-odd sports betting in Brazil.According to the text of the rapporteur, senator Angelo Coronel, companies in the sector will pay 12% tax on revenue obtained from games. It reduced the 18% rate approved by the Chamber of Depu-ties, and extended the grant period from three to five years. In addition, online casinos and other virtual products are still on the table after an attempt to remove it, as the moment, seems to have failed. This will be the topic for today’s episode of iGaming Daily, sponsored by SBC Summit Rio, where James Ross is joined by SBC Noticias Brazil’s Journalist, Isadora Marcante.To read more on the topic discussed in today's podcast, click on the following link:- https://sbcnoticias.com/br/pl-apostas-cae-impostos/Host: James RossGuest: Isadora MarcanteProducer: Anaya McDonaldEditor: James RossNext up for SBC Events is beautiful Rio, SBC Summit Rio will place a spotlight on critical aspects such as regulatory frameworks, localized product offerings, operator-media relationships, sports integrity, data rights, and sponsorship opportunities. Visit https://sbcevents.com/en/sbc-summit-rio/ for more info, and to get your ticket!