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Brazil’s regulated iGaming market records R$37bn GGR in 2025

Regulation

Brazil’s regulated online betting market generated approximately R$37 billion in gross gaming revenue in 2025, according to market data cited in the report. The report says regulation began in January 2025 and estimates that more than 25 million Brazilians placed online bets during the year.

The reported revenue and participation figures offer operators and suppliers a measure of Brazil’s regulated market scale.

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