Legalization of Online Betting: As of January 1, 2025, Brazil officially launched its regulated online betting and gambling market for fixed-odds sports betting. This followed the sanctioning of Law No. 14,790/2023.
Licensing: Operators interested in offering online betting services in Brazil need to obtain a license, which involves meeting specific requirements and paying a license fee. The Secretariat of Prizes and Betting (SPA) is the regulatory body.
Regulation: The regulations cover various aspects, including licensing rules, anti-money laundering (AML) and Know Your Customer (KYC) procedures, responsible gaming practices, and the protection of player data.
Taxation: Licensed operators are subject to a 12% tax on Gross Gaming Revenue (GGR), along with corporate income tax and social contributions. Players also face a 15% income tax on winnings exceeding a certain threshold.
Advertising Restrictions: There are rules regarding how gambling can be advertised, including the requirement to display a gambling license logo, restrictions on targeting minors, and the inclusion of warnings about the risks of gambling. Endorsements by celebrities and influencers are prohibited for new bettors.
Market Size and Growth: Brazil's iGaming market is considered to have significant potential due to its large population and strong interest in sports. The online gambling market botim phone number data is projected to reach substantial revenue in the coming years, with sports betting currently being the largest segment.
Mobile Usage: Mobile devices are the preferred way for Brazilians to access online betting platforms.
Popularity of Football: Football is a major driver of the sports betting market in Brazil.
Emerging Online Casino Market: With the recent regulation, the online casino segment is also expected to grow significantly.
Market Competition: The Brazilian market is attracting both international and local operators.
If you are interested in market data or statistics related to gambling in Brazil, I can share some general findings from research reports:
Brazil's online Gross Gaming Revenue (GGR) was significant in 2023 and is projected to grow further.
Sports betting currently accounts for the largest share of the online gambling market revenue.
The average revenue per user (ARPU) in Brazil's iGaming market is notably high compared to the regional average.
Mobile betting is dominant, with a large percentage of sports bettors using smartphones.
Please remember that obtaining individual's phone numbers for marketing or any other purposes related to gambling without their explicit consent is illegal and unethical. If you are a business looking to operate in the Brazilian gambling market, focusing on legal and ethical customer acquisition strategies is crucial. This includes obtaining proper licenses, adhering to advertising regulations, and respecting user privacy.