Tag Archives: Vasco de Gama

Lula & Haddad eye 15% GGR tax on Brazil sports betting regime

SBC News Lula & Haddad eye 15% GGR tax on Brazil sports betting regime

A draft proposal co-signed by Brazil President Lula da Silva and Finance Minister Fernando Haddad has recommended that  a 15% gross gaming revenue (GGR) tax be applied to sports betting activities.  News of the proposal submitted to the Attorney General’s National Treasury Office (PGFN) was reported during the Easter break by Brazilian business news source Poder360. As reported, Lula and …

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