Brazil Sports Betting Market to 2032
Overview
The Brazil Sports Betting Market is expected to reach a 19,211.44 USD Billion by 2032 and is projected to grow at a CAGR of 12.75% from 2025 to 2032.
Revenue, 2024 (USD Billion)
9,675.08
Forecast, 2032 (USD Billion)
19,211.44
CAGR, 2024 - 2032
12.75%
Report Coverage
Brazil
Brazil Sports Betting Market 2018-2032 USD Billion
Brazil Sports Betting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 9,675.08 USD Billion
- Projected Market Size (2032): 19,211.44 USD Billion
- CAGR (2025-2032): 12.75%
Key Findings of Brazil Sports Betting Market
- The Brazil Sports Betting Market was valued at 9,675.08 USD Billion in 2024.
- The Brazil Sports Betting Market is likely to grow at a CAGR of 12.75% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Racing in Sports Segment accounted for the largest share of the market with a revenue of 7,233.68 USD Billion
- The fastest growing segment Casinos in Operator Segment grew Fastest with a CAGR of 13.56% during the forecast period from 2024 to 2032.
Brazil Sports Betting Market Scope
Brazil Sports Betting Market Segmentation & Scope
Sports
- Non-Racing
- Racing
Operator
- Others
- Off-Track Sports Betting
- Lotteries Operator
- Video Gaming Terminals
- Concession Operators
- Coin-Operated Gambling Device
- Bookmakers
- Card Rooms
- Bingo Halls
- Casinos
Age Group
- Baby Boomers
- Gen Z
- Gen X
- Gen Y/Millennials
Type
- Others
- Pari Mutuel
- E-Sports
- Spread Betting
- Daily Fantasy
- Exchange Betting
- Fixed Odd Betting
- Line-in-play
Platform
- Offline
- Online
Brazil Sports Betting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 9,675.08 USD Billion |
| Market Value in 2032 | 19,211.44 USD Billion |
| CAGR (2025-2032) | 12.75% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Sports,Operator,Age Group,Type,Platform |
Regional Insights:
-
Leading Market (2024-2032): Brazil, leading in terms of revenue 9,675.08 USD Billion in 2024
- Key Country: Brazil, leading in terms of revenue with value of 9,675.08 USD Billion in 2024.
Segments and Scope
-
Brazil Sports Betting Market to 2032, By Sports
- Racing is the largest segment in Brazil Sports Betting Market to 2032 with a revenue of 7,233.68 USD Billion in the year 2024.
- Non-Racing is the Fastest growing segment in Brazil Sports Betting Market to 2032 with a Growth rate of 12.54 % in forecast period 2025-2032.
-
Brazil Sports Betting Market to 2032, By Operator
- Casinos is the largest segment in Brazil Sports Betting Market to 2032 with a revenue of 2,923.87 USD Billion in the year 2024.
- Casinos is the Fastest growing segment in Brazil Sports Betting Market to 2032 with a Growth rate of 13.56 % in forecast period 2025-2032.
-
Brazil Sports Betting Market to 2032, By Age Group
- Gen Y/Millennials is the largest segment in Brazil Sports Betting Market to 2032 with a revenue of 4,301.06 USD Billion in the year 2024.
- Gen X is the Fastest growing segment in Brazil Sports Betting Market to 2032 with a Growth rate of 12.55 % in forecast period 2025-2032.
-
Brazil Sports Betting Market to 2032, By Type
- Line-in-play is the largest segment in Brazil Sports Betting Market to 2032 with a revenue of 2,136.35 USD Billion in the year 2024.
- Line-in-play is the Fastest growing segment in Brazil Sports Betting Market to 2032 with a Growth rate of 13.50 % in forecast period 2025-2032.
-
Brazil Sports Betting Market to 2032, By Platform
- Online is the largest segment in Brazil Sports Betting Market to 2032 with a revenue of 6,621.02 USD Billion in the year 2024.
- Online is the Fastest growing segment in Brazil Sports Betting Market to 2032 with a Growth rate of 12.87 % in forecast period 2025-2032.
Brazil Sports Betting Market Company Share Analysis
| Company Name |
|
||
| Sun International | |||
| FEG | |||
| Flutter Entertainment plc | |||
| LAS VEGAS SANDS CORPORATION | |||
| Entain | |||
Brazil Sports Betting Market Geographical Sales Distribution, 2018-2032 USD Billion
Brazil Sports Betting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Brazil Sports Betting Market is segmented based on Segmentation Sports,Operator,Age Group,Type,Platform.
Brazil Sports Betting Market was valued at USD 9,675.08(Revenue in USD Billion) in 2021.
Brazil Sports Betting Market is projected to grow at a CAGR of 12.75% during the forecast period of 2024 to 2032.
The Racing segment is expected to dominate the Brazil Sports Betting Market, holding a largest market share of 7,233.68 USD Billion in 2024
Brazil Sports Betting Market Scope
Brazil Sports Betting Market Segmentation & Scope
Sports
- Non-Racing
- Racing
Operator
- Others
- Off-Track Sports Betting
- Lotteries Operator
- Video Gaming Terminals
- Concession Operators
- Coin-Operated Gambling Device
- Bookmakers
- Card Rooms
- Bingo Halls
- Casinos
Age Group
- Baby Boomers
- Gen Z
- Gen X
- Gen Y/Millennials
Type
- Others
- Pari Mutuel
- E-Sports
- Spread Betting
- Daily Fantasy
- Exchange Betting
- Fixed Odd Betting
- Line-in-play
Platform
- Offline
- Online
Frequently Asked Questions
The Brazil Sports Betting Market is segmented based on Segmentation Sports,Operator,Age Group,Type,Platform.
Brazil Sports Betting Market was valued at USD 9,675.08(Revenue in USD Billion) in 2021.
Brazil Sports Betting Market is projected to grow at a CAGR of 12.75% during the forecast period of 2024 to 2032.
The estimated market value of the Brazil Sports Betting Market for final year is USD 19,211.44 (USD Billion).
Brazil Sports Betting Market Company Profiling
Frequently Asked Questions
The Brazil Sports Betting Market is segmented based on Segmentation Sports,Operator,Age Group,Type,Platform.
Brazil Sports Betting Market was valued at USD 9,675.08(Revenue in USD Billion) in 2021.
Brazil Sports Betting Market is projected to grow at a CAGR of 12.75% during the forecast period of 2024 to 2032.
The estimated market value of the Brazil Sports Betting Market for final year is USD 19,211.44 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.