The regulation of gaming and betting in Brazil, under discussion in the National Congress and expected to happen in 2023
Bipartisan legislation would allow up to 18 online sportsbooks with nine awarded to sports franchises in the state
The regulation of gaming and betting in Brazil, under discussion in the National Congress and expected to happen in 2023, opens up the prospect of expansion for a market that is expected to move at least R$ 12 billion this year.
The value represents an increase of 70% over 2020 revenues in games and electronic games alone, according to surveys and analysis of sector data. Brazil already ranks 12th in the world in the games segment and remains the largest market in Latin America. Read More….