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Bain survey finds 15% of Latin American betting respondents borrowed to wager

Regulation

Bain & Company’s Consumer Pulse Latam 2025 survey found that 15% of betting respondents across the surveyed Latin American countries had borrowed or taken on debt to wager. In Brazil, 16% of respondents reported borrowing or incurring debt for betting; the survey covered about 5,700 interviews conducted in March 2025.

The survey figures offer operators and regulators evidence of reported borrowing linked to betting across the region.

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