The gambling business in Brazil is incredibly profitable. The large population and the loyal attitude of citizens towards gambling allowed many successful projects to develop actively here.
Learn more about the features of the Brazilian gambling laws in this article from 2WinPower. Find out how to launch a new project on the most optimal conditions.
Brazilians are big gambling enthusiasts. The most popular type of gambling here is sports betting. Residents follow the world of sports. Moreover, they are actively involved in physical activities. People like to bet on different teams. The favourite sport of Brazilian citizens is soccer.
Nonetheless, Brazilians are also interested in other types of gambling.
The most popular entertainments are as follows:
For a long time, operators fought for the opportunity to work legally in the gambling business in Brazil. The first positive changes took place in 2018. The country's government has decided to legalise sports betting. This decision was very smart.
Besides bookmaker activities, horse race betting was also allowed in the state. Two other types of gambling are in a highly controversial position today:
Entrepreneurs and gamblers are looking forward to new positive changes in the Brazilian gambling laws.
Due to the recent changes in gambling regulations, the country is slowly but steadily becoming more favourable to operators. Brazil is now among the most anticipated destinations for online casino activity, mainly because of the availability of multiple service providers.
The openness of the country’s legal principles is set up in a way that almost all software developers can offer their products to operators who work in the region. Currently, only one explicitly known brand is officially unavailable in Brazil — Nolimit City.
2WinPower legal department is constantly monitoring the situation with the jurisdiction. We notify our clients about changes or additions to industry regulations.
If you want to start a fruitful online gambling business in Brazil, order a turnkey project elaboration at our company or inquire about individual services at customer support.
The virtual betting business is legal here. If you want to open an online betting establishment in Brazil, you can be sure of the legitimacy of your future activities.
In the meantime, there is one important peculiarity here. It is forbidden to conduct transactions using bank cards in the gambling business in Brazil. Therefore, entrepreneurs should think about alternative financial instruments in advance (payment systems, e-wallets, cryptocurrencies, etc.)
Popular iGaming portals offer the possibility to deposit in dollars and local reals. The challenge of conducting transactions with bank cards is not a problem in the country since only 20% of the population holds the most widespread Visa and MasterCard products.
At the same time, Bitcoin is incredibly relevant in Brazil. Statistically, it is used more often than dollars. Since many e-commerce transactions take a lot of time to proceed, instant crypto transfers have quickly gained wide recognition among locals.
As for online casinos, their activities are prohibited within the state. However, a lot of gamblers use popular foreign gaming resources to play their favourite games.
Key aspects of the Brazilian audience and its behaviour:
Brazilians are very patriotic. The usage of the national flag and colours during the project promotion is highly beneficial. Furthermore, a considerable percentage of residents perceive iGaming as a possibility to earn. So, operators have to ensure they convey the message about the entertainment nature of their services rather than a source of income.
The government has little or no control over international online casinos. To open a casino in Brazil, it is enough to register and license a new project in an optimal offshore jurisdiction (for example, the Isle of Man, Costa Rica, Curacao, Alderney, etc.)
While Mexico and Columbia are the most profitable regions in Latin America when it comes to online gambling, Brazil has an excellent forecast for the next few years. Technical affordability is rising, and the popularity of casino entertainment is spreading as well.
The estimated gross gaming revenue of the country ($, billions):
By the beginning of 2027, Brazilian GGR is forecast to exceed Colombian revenue generation and come close to Mexico. It indicates the high value of the local market and incredible prospects of running a gambling business in the country.
Entrepreneurs wanting to buy online casinos in Brazil have to perform lots of tasks on their own. To avoid possible problems and speed up the launch of a new gaming project significantly, you should purchase a turnkey online casino in Brazil. This product is characterised by the following advances:
Fast and easy licensing of gambling companies | When buying turnkey online casinos in Brazil from reliable intermediaries, you will receive assistance in preparing the necessary documents and counselling on any legal issues |
Searching for suitable gambling software in Brazil | Experienced specialists will help you find the most relevant and popular video slots, card games, VR and AR entertainments, etc. Trust companies partnering with the best manufacturers (Microgaming, EGT, Novomatic and others) |
The protection of online casinos and betting websites | A ready-made project includes powerful security tools, which can help you prevent DDoS attacks, information leakage, money laundering, bonus abuse and other types of fraud |
Original design of a project | Share your wishes with professional web designers and they will create an attractive website for you. Remember, a good game resource should look moderately laconic and stylish |
The promotion of a finished website | Qualified marketers will help you get the desired user traffic you want and retain the most prospective customers |
To buy an online casino in Brazil and get the desired profit, you need to cooperate with a reliable mediator. A reputable intermediary-company is marked by the following features:
Brazil is a very profitable region. Gambling projects launched in this country can bring super-profits to their owners.
If you want to buy casino software in Brazil and open your gaming platform, remember about these specifics:
2WinPower is an experienced player in the Brazilian market. Our company cooperates with many successful projects in this country. We provide various services for the iGaming industry (licensing, marketing, advertising, etc.). Also you can buy or rent quality software from such companies as Amatic, Greentube, Microgaming, EGT and others.
Do you want to start your own business in Brazil? Please contact us to find out more:
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