Brazilian Soccer Teams Want a Say on Sports Betting Taxes

Brazil’s Finance Minister, Fernando Haddad, recently announced a plan to implement a tax on sports betting operators as a possible precursor to full acceptance of the activity. The measure led to a call for the operators to participate in a discussion of the plan. Now, several soccer teams want in as well. Members of Brazil’s Flamengo FC pose for a photo. The team is one of several that wants input on proposed tax regulations for the sports betting industry. (Image: Pinterest) Eight of Brazil’s premier football clubs have formally requested the federal administration give them a chance to weigh in on policies and guidelines for online betting. Major clubs like …