Brazil Gambling Tax - The Samba Sours for Latin America’s Fast‑Growing iGaming Market
Brazil’s new 24 % GGR tax proposal could erode 20 % margins to under 5 %, trigger a 30 % operator exit, and slash $400 m in projected tax revenue—turning a growth engine into a collapse in the iGaming Latin America market. Why a 24 % Tax threatens the momentum of Latin America’