Brazil’s Finance Ministry report says fixed-odds betting generated R$ 7.6 billion in GGR and R$ 914.1 million in legal earmarks in one quarter before MP 1.394

A Finance Ministry report released only through a public records request gives a rare official snapshot of Brazil’s regulated fixed-odds betting market before MP 1.394/2026 shut it down. For PSPs and operators, the point is simple: this was not just a tax story, but a functioning regulated stack with tracked players, earmarked payments, and responsible-gaming controls.

1. The “Panorama Periódico do mercado regulado de APOSTAS DE QUOTA FIXA – Dados de 1º de janeiro a 31 de março de 2026” was prepared by the Secretaria de Prêmios e Apostas do Ministério da Fazenda (SPA-MF), but the government did not publish it proactively. It became public only after an access-to-information request.
2. For the quarter from 1 January to 31 March 2026, the regulated sector generated R$ 7.6 billion in GGR (gross gaming revenue) and transferred R$ 914,137,288.80 in legal earmarks, which the report ties to the 12% rate set by Lei 14.790/2023. If the pace had held, that would translate to about R$ 3.6 billion a year in earmarks alone, before taxes, licensing fees, and inspection charges.
3. For a fuller picture of scale, the report says the first half of 2026 produced R$ 20.07 billion in GGR, a figure obtained by BNLData via access-to-information rules, implying roughly R$ 2.4 billion in earmarks over six months.
4. The report identifies 15,186,243 unique CPF holders who placed bets in the quarter, with 97.9 million active accounts across operators and 113.3 million across brands. Men accounted for 68.01% of bettors and women for 31.99%; the 31 to 40 age bracket made up 28.85% of the user base, and 44.36% bet with only one operator.
5. The document also shows where the money went. Health received R$ 9.1 million, or 1% of the total, while Sport received 36 times more and Tourism 28 times more. The ministry report frames this as part of a regulated structure that included a GT de Prevenção e Redução de Danos do Jogo Problemático, with ministries covering Finance, Health and Sport plus the Secretariat of Social Communication.

That working group’s action plan included a centralized self-exclusion platform, the Autoteste Saúde, a health-care intake protocol, training for the Rede de Atenção Psicossocial (RAPS) and other health workers, and an education campaign aimed at athletes. In other words, the regulated market was not just moving money; it was also building the compliance and player-protection machinery that the MP 1.394 ban has now interrupted.