Ep 662: Into the Upside Down: Brazil’s iGaming Market Faces a Tax Shift

In today's episode of iGaming Daily, SBC Media Manager Fernando Noodt is joined by SBC Noticias Brasil Business Journalist Ana Maria Menezes and special guest Kamilla Michiko Yazawa, Chief Compliance and Legal Officer at Vanguard Entretenimento Brasil, as the trio discuss how Brazil’s proposed tax increases could reshape the country’s newly regulated betting landscape, and what this means for operators, consumers, and the industry’s long-term sustainability.

Tune in to today’s episode to find out:

• A clear summary of the latest developments around Brazil’s potential tax rise and how the local media is responding
• How the phased tax increases could affect long-term investment strategies for licensed operators
• Whether higher taxation may influence RTP levels or the consumer experience in Brazil
• The risks that early tax pressure could pose to channelisation and the viability of smaller local operators
• What operators, affiliates, payment providers and suppliers should prioritise in 2025–2026 to remain competitive in a more expensive regulatory environment

Host: Fernando Noodt
Guests: Ana Maria Menezes & Kamilla Michiko Yazawa
Intro: Elisa Marcante
Producer: Anaya McDonald
Editor: Anaya McDonald
Intro Sources:  https://www.youtube.com/watch?v=PCT8NcfSQws, https://g1.globo.com/politica/noticia/2025/12/02/comissao-do-senado-aprova-aumento-tributacao-de-bets.ghtml

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