Brazil gambling revenue hits R$11.1bn Jan-Sep, up 55% YoY

Brazil's federal government collected R$11.1 billion from gambling and betting exploitation fees in the first nine months of 2026, exceeding the same period of 2025 by 55%. The sharp increase reflects the maturation of Brazil's regulated betting market, which launched in 2025, and suggests stronger-than-expected fiscal inflows from this new revenue stream.

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