Home > Finance > Half year results > Brazil collects nearly $1.46 billion from sports betting and online gaming in H1

Brazil collects nearly $1.46 billion from sports betting and online gaming in H1

| By Kyle Goldsmith
The total represents an 83% increase over the results for the same period last year. Throughout 2025, the country collected nearly BRL10 billion from betting.
Brazil betting H1

Brazil collected BRL7.284 billion ($1.456 billion) in tax revenue from sports betting platforms in H1 2026.

This figure represents an 83% increase compared to the same period last year (BRL3.8 billion).

In June alone, BRL1.385 billion flowed into public coffers. The figures were presented by Federal Revenue Service auditors Claudemir Malaquias and Marcelo Gomide on Thursday.

In the first six months of this year, according to the June 2026 Monthly Analysis, tax revenue totaled BRL1.59 trillion.

Revenue generated for public coffers by betting operators remains of paramount importance to Brazil, consistently exceeding BRL1.3 billion per month, according to the Federal Revenue Service. This year, only March saw revenue fall below the BRL1 billion mark.

Throughout last year, Brazil collected BRL9.95 billion from sports betting and online games. In the first half of the year alone, public coffers received nearly BRL7.3 billion.

This suggests that by the end of 2026, the sector could have contributed over BRL14 billion. If this scenario plays out, it will represent a revenue increase of more than 40% compared to 2025.

Until March of this year, betting operators were taxed at a rate of 12% on Gross Gaming Revenue (GGR); this rose to 13% starting in April.

This indicates that the rise in revenue was driven not merely by the tax hike, but by actual growth in the sector. The best performance in the first half of the year occurred in January, when revenue reached nearly BRL1.5 billion.

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