Brazil’s Chamber of Deputies removed Article 14 from the Antifaction Bill, which was approved on February 24, 2026, eliminating the 15% proposed tax on deposits made to licensed betting platforms. In December 2025, the bill was approved by Brazil’s Senate in its original form, which suggested the introduction of CIDE-Bets, a 15% tax on player
Brazil’s Chamber of Deputies removed Article 14 from the Antifaction Bill, which was approved on February 24, 2026, eliminating the 15% proposed tax on deposits made to licensed betting platforms.
In December 2025, the bill was approved by Brazil’s Senate in its original form, which suggested the introduction of CIDE-Bets, a 15% tax on player deposits; however, Dr. Luizinho’s amendment was approved on February 24, 2026, and removed the proposal.
In addition to the tax, a retrospective tax on pre-regulation earnings was also removed, which would have required operators to pay a 15% retrospective tax on any earnings between 2018 and 2024.
The amended Antifaction Bill was approved and will now go to Brazil’s President Luiz Inácio Lula da Silva.
As a result, the removal of the CIDE-Bets proposal caused a lot of criticism from politicians.
Otoni de Paula stated:
“Betting, in this past year alone, moved BRL30 billion monthly, BRL360 billion annually. Ladies and gentlemen, do you know the estimated GDP of São Paulo? BRL388 billion. Betting drives São Paulo’s GDP. And now this House wants to give a gift to betting. Anyone who votes in favor of this is voting for the betting lobby.”
Jandira Feghali added:
“We need to tax betting. Anyone who doesn’t want to tax it is in favor of organized crime.”
It’s expected that a separate proposal for the CIDE-Bets will be introduced, as it’s estimated that the tax could bring an additional $5.5 billion to Brazil.