{"id":13188,"date":"2025-08-07T13:36:57","date_gmt":"2025-08-07T13:36:57","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/?post_type=gambling&#038;p=13188"},"modified":"2025-08-07T13:36:57","modified_gmt":"2025-08-07T13:36:57","slug":"belo-horizonte-mayor-proposes-cutting-betting-tax-in-bid-to-attract-igaming-firms","status":"publish","type":"gambling","link":"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/belo-horizonte-mayor-proposes-cutting-betting-tax-in-bid-to-attract-igaming-firms\/","title":{"rendered":"Belo Horizonte mayor proposes cutting betting tax in bid to attract iGaming firms"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The Mayor of Belo Horizonte, \u00c1lvaro Dami\u00e3o, submitted a bill on July 24, 2025, to the City Council proposing a significant reduction in the municipal betting tax (ISSQN) from the current 5% to the legal minimum of 2%, aiming to position the capital of Minas Gerais as a competitive hub for online betting operators.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Currently, the municipal government projects a minimal revenue loss of approximately R$11,685 (US $2,100) for the balance of 2025. However, officials anticipate that the inauguration of new operators in the market could generate up to R$2.8 million (US $504,000) in annual ISS revenue\u2014even with the lower rate\u2014thanks to expansion of the taxpayer base.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Belo Horizonte joins other Brazilian cities\u2014like S\u00e3o Paulo, Porto Alegre, Barueri, and Recife\u2014that have adopted similar fiscal incentives to attract corporate investment in the rapidly growing regulated betting sector.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"700\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg\" alt=\"\" class=\"wp-image-9622\" style=\"width:840px;height:auto\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng.jpg 700w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-300x300.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/08\/multigame-diamod-III-700-eng-150x150.jpg 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Yet the initiative has faced swift pushback. The City Council has already received over 40 information requests, and a public hearing is scheduled for August 26 to examine social risks, advertising regulation, consumer protection, and public health policies in relation to gambling addiction.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/belo-horizonte-mayor-proposes-cutting-betting-tax-in-bid-to-attract-igaming-firms2.jpg\" alt=\"\" class=\"wp-image-13190\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/belo-horizonte-mayor-proposes-cutting-betting-tax-in-bid-to-attract-igaming-firms2.jpg 1024w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/belo-horizonte-mayor-proposes-cutting-betting-tax-in-bid-to-attract-igaming-firms2-300x200.jpg 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2025\/08\/belo-horizonte-mayor-proposes-cutting-betting-tax-in-bid-to-attract-igaming-firms2-768x512.jpg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><br>Councilors Wagner Ferreira (PV) and Bruno Pedralva (PT) have questioned whether the expected economic returns\u2014such as job creation and revenue growth\u2014justify the social costs associated with expanded gambling, including the potential rise in ludopathy, family debt, and psychological harm. Both have also introduced counter-legislation proposing bans on gambling advertising and implementing a dedicated mental health policy for gambling-related disorders.<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.mundovideo.com.co\/landing\/multigame-link\/\" target=\"_blank\" rel=\" noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"340\" src=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1.png\" alt=\"\" class=\"wp-image-9725\" srcset=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1.png 1000w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1-300x102.png 300w, https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/ice-london-termino-y-se-despidio-la-feria-en-imagenes-mgl-1-768x261.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Critics argue the proposal risks catalyzing a municipal-level fiscal race, particularly in the absence of Brazil\u2019s pending tax reform. Experts caution that the emergence of a unified tax system (IBS) by 2029\u20132032 could render such local incentives obsolete and may call for a more nuanced policy stance during the reform transition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.mundovideo.com.co\/en\/colombian-gambling-news\/squeeze-them-but-dont-kill-them-brazils-acting-president-calls-for-tighter-grip-on-online-betting\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u201cSqueeze Them, But Don\u2019t Kill Them\u201d: Brazil\u2019s Acting President Calls for Tighter Grip on Online Betting<\/a><br><br>For prospective gaming companies evaluating market entry in Brazil, Belo Horizonte\u2019s move reflects a broader trend: municipalities offering reduced tax burdens to attract licensed iGaming platforms ahead of federal standardization. Whether the initiative yields long-term gains\u2014or ignites regulatory clash\u2014will depend heavily on how the council finalizes the ISS bill and integrates safeguards for vulnerable communities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Belo Horizonte joins other Brazilian cities\u2014like S\u00e3o Paulo, Porto Alegre, Barueri, and Recife\u2014that have adopted similar fiscal incentives to attract corporate investment in the rapidly growing regulated betting sector.<\/p>\n","protected":false},"author":1,"featured_media":13191,"menu_order":86,"comment_status":"closed","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[4315,844,105],"class_list":["post-13188","gambling","type-gambling","status-publish","format-standard","has-post-thumbnail","tag-brasil","tag-brazil","tag-sports-betting","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - 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