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NEXT.io report sets out two five-year scenarios for Brazil betting market
NEXT.io has published a report with Pragmatic Solutions setting out bull and bear cases for Brazil's regulated betting market over the next five years, reported by NEXT.io. The report says the outcome depends largely on policy after the 4 October 2026 general election, with analysts projecting the market to reach around $9bn by 2029. Brazil opened its regulated online market on 1 January 2025 and recorded roughly R$37bn in first-year gross gaming revenue.
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- BettingStartupsPartnership
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