How Brazil Quietly Became One of the World’s Hottest Betting Markets—and Why It Matters
2 Articles
2 Articles
How Brazil Quietly Became One of the World’s Hottest Betting Markets—and Why It Matters
Imagine a country where online gambling was once a legal gray zone, dominated by shady operators and untaxed cash flows. Now, imagine that same country just a few years later: a regulated, booming industry worth over $4 billion, with instant payments, fraud protections, and revenues funding public services. That country is Brazil, and its rapid […]
Brazil became the fifth largest online betting market in the world in 2025 with an estimated turnover of 4.139 billion US dollars. Growth goes hand in hand with the consolidation of the sector following the regulation of betting platforms, which has led to the formalisation of dozens of companies in the country. According to data from the international consulting firm Regulus Partners, Brazil is thus in terms of net sales of [...] The post Brazi…
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