Brazilian Presidential Candidates Split Over Bets Ban and R$12.2 Billion Fiscal Gap

Four of Brazil’s 2026 presidential candidates back a complete ban on sports betting platforms, but no one has outlined any plans to replace the tax revenue the sector would lose if it’s banned. A survey released by Folha de S. Paulo Reported That Betting regulated by R$12.2 billion generated public revenue in 2025. Th…