(AsiaGameHub) –   Brazil’s federal tax authority has verified that regulated gambling revenue exceeded R$3bn in the first quarter of 2026, marking a historic high since the implementation of the nation’s gaming legislation and underscoring the expanding economic impact of the country’s formalized gaming sector.

During this same quarter, licensed gambling operators generated a total of R$3.4bn, representing a remarkable 123.7 percent surge compared to the R$1.5bn recorded during the corresponding three-month period in 2025.

This substantial growth in revenue follows the implementation of fixed-odds betting regulations, which established a structured environment for gambling operations to be both regulated and taxed. Licensed operators are now mandated to adhere to a formal regulatory framework and fulfill tax obligations as stipulated by the Ministry of Economy.

The revenue growth is primarily driven by improved regulation, the establishment of transparent tax policies, and strengthened government oversight of the gambling ecosystem.

The legal Brazilian gaming market reached a key milestone on January 1, 2025, when all licensed operators became authorized to conduct legal gaming activities as permitted by the 2023 law. A major component of this framework is the 12 percent gross gaming revenue (GGR) tax levied on regulated operators.

In the coming years, the tax burden on operators is set to rise, as the GGR tax rate will be incrementally adjusted under the terms of the Complementary Law Project (PLP 128/2025), which has been passed by the Brazilian Congress as follows:

• 13 percent for 2026
• 14 percent for 2027
• 15 percent for 2028

The government’s strategy of phasing in higher GGR tax rates demonstrates its commitment to optimizing revenue from the regulated gambling industry to support the national budget.