Sports Betting Businesses Need Brace Themselves

The political backing for this is understandably high as a tax on sports gambling would mean more money going to the state coffers. This measure makes economic sense as well because Brazil needs to find money to fill in for the exemption for workers who earn up to twice the minimum wage, which was promised under the new government of President Luiz Inacio Lula da Silva, who ousted his rowdy predecessor Jair Bolsonaro.