Business News

24 May 2026

Gambling in Brazil nets seven billion in GGR

First year of legal gambling in Brazil fetches $7 billion 

The betting regulator in Brazil has released the first year’s figures in full, with the country’s gross gaming revenue coming in at BRL37 billion ($7 billion). The Secretariat of Prizes and Bets (SPA) revealed the numbers on the first anniversary of market legalization in the South American country.

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