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Brazil’s SPA reports BRL220.6bn in regulated betting deposits for 2025

Regulation

Brazil’s Secretariat of Prizes and Betting said bettors deposited BRL220.6 billion with federally licensed betting operators in 2025, equivalent to USD42.644 billion. The agency’s secretary, Daniele Correa Cardoso, said the figures are preliminary and may change after verification; the total excludes state-authorised and illegal operators.

The preliminary figures give operators and regulators a measure of deposits and gross gaming revenue in the federally licensed market.

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Regulation

ANJL argues Brazil betting ban will shift demand to illegal market

The National Association of Games and Lotteries (ANJL) told a Brazilian Supreme Court public hearing on 3 November that banning fixed-odds betting would not eliminate gambling. ANJL legal consultants said demand had moved to the underground market; a speaker cited a 32% year-on-year fall in betting volume over the latest three months of Ministry of Finance data.

The conclusion was that prohibiting fixed-odds betting in Brazil is not the same as gambling disappearing. The National Association of Games and Lotteries (ANJL) presented it at a public hearing held on Tuesday by the Federal Supreme Court, with Justice Luiz Fux as rapporteur.

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