Emerging Markets
Emerging Markets
Latin America, Africa and the Middle East: the currencies, commodities and companies of the emerging world.
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Brazil's online betting tax take offers a fiscal lesson for the region
Brazil's federal government collected close to R$10 billion in tax from licensed betting operators during 2025, the first full year of its regulated market, turning a once informal corner of the internet into a recognised line on the national accounts. For finance ministries across Mercosur watching their fiscal margins narrow, the figure is difficult to ignore.
4 min read · 20 Jul 2026
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