Of this amount, 22.4% will be allocated to the Ministry of Tourism and 5.6% to Embratur. The objective of the measure is to promote tourism in Brazil, using part of the growth of the growing gambling market. It is expected that these resources will contribute to the promotion of the country as a tourist destination.
The review marks an important step in the implementation of the law, which aims to diversify the sources of financing of the sector.
The President of Embratur, Marcelo Freixo, highlighted the relevance of this initiative to strengthen the infrastructure and the promotional activities of Brazilian tourism.
The value of part of the part destined for the tourism sector within the new taxation model of the market that moves billion in the country. The government expects that these resources will be expanded to promote the promotion of Brazil as a tourist destination.
In accordance with the law passed by President Lula in 2023, which regulates the sports betting market in Brazil, 28% of the net profit from the prizes must be allocated to the tourism sector.
This percentage is divided between the Ministry of Tourism, which will receive 22.4%, and Embratur, which will receive the remaining 5.6%.
Source: GMB
