The information is provided by Internet data analysis company Comscore.
Highlights:
- In this comparison category, Brazil is behind the US and the UK, leaving India and Italy behind
- of Brazil’s 131 million internet users, 32% (41.9 million) place bets online.
- Brazil’s online betting sector has grown 281% since 2019. It peaked in July 2023
- 80% of online betting is done from mobile phones
- The most popular bookmakers are Betano, bet365 and Pixbet
Brazil’s online betting market continues to show consistently high growth rates. The volume of the sector can also be evidenced by the Folha de S. Paulo media study based on data from the Central Bank of Brazil: from January to November 2023, local players made bets worth 54 billion reais ($11 billion).