Brazilian President Signs Law Funding Federal Police with Bookmaker Taxes

The President of Brazil has officially signed a new law regarding the taxation of the betting industry. The legislation mandates that legal bookmakers allocate 3% of their Gross Gaming Revenue to fund the Federal Police.

Regulatory Framework

The new regulation establishes a direct financial link between licensed gambling operators and law enforcement agencies. This measure aims to strengthen security infrastructure through the revenue generated by the sector.

According to reports from sportclan.ru, this decision is part of the broader effort to regulate the betting market in the country. The funds collected will specifically support the operations of the Federal Police.

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