SOFTSWISS has released a new edition of the iGaming in Brazil Market ResearchiGaming in Brazil Market Research 2025 | SOFTSWISS
iGaming in Brazil Market Research 2025 | SOFTSWISS
218 million and a GDP of USD 2.33 trillion, the country is one of the fastest-growing economies globally. Digital adoption is also soaring, with over 86% of Brazilians actively using the internet and mobile penetration exceeding 97%.
iGaming in Brazil Market Research 2025 | SOFTSWISS
USD 10 billion by 2029. To ensure sustainable industry development, the regulating body implemented strict compliance measures, player protection policies, and structured licensing frameworks.
The regulatory landscape in Brazil has undergone a substantial transformation, culminating in the enforcement of Law No. 14.790 in 2023, which formalised the market, and the establishment of the Secretariat of Prizes and Bets (SPA/MF) in 2024. From 1 January 2025, only licensed operators can legally provide online gaming and betting services.