Brazil’s newly regulated online betting and gaming market recorded total gross gaming revenue of R$17.4 billion (approx. €2.76 billion) in the first half of 2025, generating R$3.8 billion in taxes.
According to latest figures released by the Secretariat of Prizes and Betting of the Ministry of Finance (SPA-MF), a total of 17.7 million bets were placed during the six-month period across the country’s 78 licensed operators, which operate 182 websites.
The average spending per active bettor was approximately R$983 for the half-year period, or R$164 per month.
Overall, this generated total GGR of R$17.4 billion in H1, with May the best performing month with GGR of R$3.52 billion, ahead of April’s R$3.38 billion and June’s R$3.11 billion.
Brazil’s Gross Gaming Revenue for H1 2025 (R$’ billions)
| 2025 | GGR |
| January | 2.03 |
| February | 2.69 |
| March | 2.69 |
| April | 3.38 |
| May | 3.52 |
| June | 3.11 |
| TOTAL | 17.4 |
According to the Federal Revenue Service, gambling tax collections from operators amounted to R$3.8 billion in the first half period. This comprises amounts collected by the IRS, including federal taxes such as IRPJ, CSLL, PIS/COFINS, and Social Security Contributions, in addition to the 12 per cent of social allocations provided for in Law 14,790/23, which totaled R$2.14 billion.
In addition, the SPA collected R$2.2 billion from authorization fees paid by licensed companies, and R$50 million in inspection fees paid by gambling companies.
Of the total bets placed during the half-year period, 71.1 per cent were made by men and 28.9 per cent from women, according to the first biannual report from the Ministry of Finance’s General Betting Management System (Sigap).
The 31-40 year old age group represented 27.8 per cent of all bets placed, followed by under 25 year olds with 22.4 per cent. Bettors aged 25-30 year old were the next biggest category at 22.2 per cent, while 41-50 year olds accounted for 16.9 per cent of all wagers.
Just under 10 per cent of wagers were placed by players over the age of 51, with the 51-60 year olds representing 7.8 per cent and 61-70 year olds the remaining 2.1 per cent.
SPA said that its main focus so far this year is to ensure authorized companies comply with regulations and to combat the illegal market.
As part of this, 15,463 websites have been taken offline by the National Telecommunications Agency (Anatel) since October 2024.
Financial and payment institutions and made 277 reports to the SPA and closed the accounts of 255 individuals and legal entities involved in illegal gambling activities in H1.
During this period, the SPA notified 13 payment institutions, requesting information and notifying them to close their accounts. As a result, the closure of accounts of 45 companies operating in the illegal gambling market was reported.
“This report is of fundamental importance for regulation,” said SPA-MF Secretary Regis Dudena. “It provides concrete data regarding regulatory action, addressing topics such as oversight and control, in addition to the initial figures, which reflect reality, not just estimates.
“From this point forward, the debate on the gambling market in Brazil can be conducted with even more solid elements, allowing us to advance with evidence-based regulation.
Dudena added: “Our goal is, from now on, to periodically disclose the SPA’s activities and the evolution of the gambling market in Brazil, fulfilling this government’s commitment to transparency and, above all, being accountable to society.”