Brazilian betting sector proposes ‘Febrabet’ to unify industry voice
Inspired by the national banking model, the proposal aims to unify efforts amid rising taxation
Key Points
- Sector players propose creating a unified federation, which is informally being called “Febrabet”
- Fragmentation among associations has weakened operators’ negotiating capacity in Brasília
In response to growing difficulties in negotiating with the national Federal Government, Brazil’s online betting sector is moving to establish a unified federation that, for now, is being informally called “Febrabet.”
The initiative was triggered by Finance Minister Fernando Haddad’s proposal to raise the betting tax rate from 12% to 18% as part of a broader fiscal strategy.
The name “Febrabet” mirrors the structure of the country’s influential banking federation, Febraban, which has long succeeded in presenting a united front to regulators despite internal differences among financial institutions.
Currently, legalised betting operators in Brazil are represented by a fragmented array of associations, which lacks consensus and diminishes their political weight.
According to sector insiders, this model, if officially adopted, will give the Brazilian betting industry much stronger leverage in Brasília, where the national government operates from.
Good to know: Brazil’s Senate committee has recently received 17 new bills aimed at tightening betting regulations
Industry leaders say that Haddad’s tax proposal was a turning point, marking the first time multiple associations coordinated a joint manifesto against a government measure, which exposed the sector’s lack of an unified representation.
The federation is still in the planning phase, with no official name or structure confirmed yet.
However, the idea is gaining momentum as operators seek a more cohesive voice to advocate for regulatory and economic stability in Brazil’s recently regulated betting market.
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