LCA estimates illegal platforms hold 38%–44% of Brazil’s betting activity
LCA Consultores estimated that unlicensed platforms accounted for 38% to 44% of Brazil’s online betting activity in the first half of 2026, down from 41% to 51% in its previous study. An Instituto Locomotiva survey of 2,291 bettors found continued use of unregulated sites, while IBJR said enforcement should continue without imposing new imbalances on licensed operators.
The estimate indicates continued unlicensed competition despite regulatory enforcement and helps frame policy risks for authorised operators.