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Brazil SPA reports BRL37bn licensed betting revenue for 2025

Regulation

Brazil's Secretariat of Prizes and Bets reported BRL37 billion in gross gaming revenue from licensed betting in 2025, the first year of the regulated online market. Seventy-nine licensed companies reported activity from 25.2 million bettors; SPA chief Regis Dudena said the data would inform future bettor-protection measures.

The figures give operators and regulators a first-year view of licensed-market activity and the regulator's stated use of the data.

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Regulation

Brazilian industry representatives warn betting ban could expand illegal market

Industry representatives warned at a Supreme Federal Court hearing in Brazil that the betting ban could shift activity to unlicensed operators. The Ministry of Justice said it had requested the removal of 36,905 websites between 25 September and 29 October; representatives also said betting volumes fell 32% in the latest three-month data compared with a year earlier.

A debate has intensified in Brazil over whether the betting ban protects consumers or steers gambling toward unregulated operators. The matter featured at a Supreme Federal Court (STF) public hearing on Tuesday. At that hearing, 34 entities discussed Provisional Measure 1.394, the measure that banned betting in Brazil.

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