Brazil’s Regulated Betting Market Hits $3.2B in First Half of 2025 (Casino News Daily)

Brazil’s Regulated Betting Market Hits $3.2B in First Half of 2025 (Casino News Daily)

The Secretariat of Prizes and Betting (SPA) has released new data highlighting the performance of Brazil’s regulated betting and iGaming market in the first six months of 2025, confirming gross gaming revenue (GGR) of BRL17.4 billion ($3.2 billion). The report also provided insights into bettor demographics, regulatory measures, and actions targeting illegal gambling operators. Market performance and bettor demographics Launched on January 1, 2025, after a rigorous licensing phase, Brazil’s regulated market has attracted 17.7 million active bettors within its first half-year. According to SPA data, 71% of players were men, with women accounting for 28.9%. Nearly half of these bettors are under 30, with the 31–40 age group representing the largest share at 27.8%, followed by the 18–25 group at 22.4%, and the 25–30 segment at 22.2%. Only 2.1% of bettors were between 61 and 70. The market’s growth reflects significant activity across the 78 licensed operators and their… Read More

Category: News 
Source: Casino News Daily