Brazil's Feb betting & lottery revenue hits historic $200M
The federal government of Brazil has started the year 2026 with strong fiscal results within the gaming sector. According to the latest data from the Receita Federal, tax collection from fixed-odds betting and lotteries exceeded 1.04 billion reais in February, equivalent to approximately 200 million dollars. This performance represents an explosive growth of over 300 percent compared to the same month last year, when the tax authorities barely collected about 258 million reais before the full consolidation of the current regulatory framework.
Although the year-on-year figures are extremely positive, the report shows a 30 percent decrease compared to last January, a month in which a peak of 1.5 billion reais was reached. Despite this monthly fluctuation, the accumulated total for the first two months of 2026 already exceeds 2.5 billion reais (approximately 478 million dollars). This volume of revenue signifies an increase of between 235 percent and 236 percent compared to the first two months of 2025, confirming that the formalization of the market has effectively expanded the tax base and captured resources that previously circulated informally.
Factors of growth and tax structure
Receita Federal authorities attribute this quantitative leap to the maturity of fixed-odds betting regulation. The entry into force of clear regulations not only allowed for the formalization of existing operations but also attracted a greater number of licensed operators, increasing the volume of taxes collected by the State. Currently, the revenue stream is supported by a structure that includes the Gross Gaming Revenue (GGR) tax, in addition to mandatory federal contributions such as PIS/PASEP, Cofins, Corporate Income Tax (IRPJ), and Social Contribution on Net Profit (CSLL).
A relevant piece of information for the coming months is the change in the GGR tax rate, which increased from 12 percent to 13 percent at the beginning of this year. According to technicians from the Ministry of Finance, this increase has not yet been fully reflected in February's statistics, as its real impact is expected to be felt in public coffers starting in May. It is estimated that this modification will contribute an additional 260 million reais to monthly collection once the system is fully adjusted.
Outlook for the close of the fiscal year
The official trend suggests that revenues will continue their upward trajectory throughout the rest of the year. The government's goal is to far exceed the mark registered in 2025, when total collection linked to online gaming and lotteries reached 9.95 billion reais. With the first two months already setting a rapid pace, the sector is consolidating as a vital source of income for financing various public policies, demonstrating that a regulated and supervised market offers tangible benefits for the national treasury.
Tags: Brazil, online betting Brazil, GGR Brazil 2026, GGR Brazil February 2026