Gambling Capital, a well-known research firm, predicts a huge rise in Brazil’s iGaming market.
They expect an expansion in the next few years as the country starts to regulate online gambling. With clearer rules in place, Brazil should become one of the top markets in Latin America for online gaming.
Regulation opens the door to more companies
Brazil has recently made progress toward regulating online gambling, including online casinos and sports betting. Experts see this as crucial for the market, allowing more operators to confidently enter the iGaming space. H2 Gambling Capital believes Brazil will see many new investments as regulations are established.
The government currently focuses on creating a transparent and secure gambling framework. This will help attract international companies looking to expand into the Latin American market, and as a result, more players will have access to regulated and safer gambling options.
Brazil’s market keeps growing
The growing number of internet users in Brazil and the widespread use of smartphones set the foundation for a thriving iGaming market. According to H2 Gambling Capital, Brazil’s expanding digital economy is an attractive location for gaming companies. In fact, they predict the market could see significant revenue increases as more players gamble online.
This rise in gaming is not just limited to local players, and international companies are also keen to tap into the Brazilian market. As the regulations unfold, local and global operators are expected to make Brazil a major business focus.
