Brazil collects US$1.93bn from gambling between January and August

Brazil collects US$1.93bn from gambling between January and August

It took just eight months for the sector to nearly match an entire year. From January to August 2026, betting and gaming generated R$9.910m (US$1.930m) in tax revenue, according to Receita Federal data that includes Caixa lotteries, compared to the R$9.950m (US$1.939m) the vertical contributed throughout all of 2025.

The year-on-year comparison is even more striking. In the first eight months of last year, tax collection stood at R$5.857m (US$1.141m), representing a 69.25 percent increase.

August, however, broke the streak. That month, the sector contributed R$1.163m (US$226m) in taxes, well below July's R$1.463m (US$285m)—a 20.51 percent drop that marks the first monthly decline since the February-to-March dip typically attributed to Carnival. From April to July, the monthly floor remained above R$1.400m (US$272m) with few exceptions, and available data points to no specific reason for August's downturn.

Projections now depend on what happens next. If the monthly average over these eight months holds through December, the year would close at around R$14.900m (US$2.900m), roughly 50 percent above 2025.

The figure comes at an awkward time for fiscal arguments. The Executive is still reviewing a measure that could exclude certain online casino games from the legal framework, just as the sector's tax collection posts its highest figures since the market was regulated on January 1, 2025, under federal licenses granted and supervised by the Secretaría de Premios y Apuestas.

Tags: Receita Federal, gambling revenue in Brazil, betting taxation, Caixa lotteries