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Vixio Forecasts the Latin American Online Gambling Market to be Worth 12.3bn by 2028

Published

7 months ago

December 11, 2024

Adrienn Sarkany

Reading Time: 2 minutes

Latin America’s regulated online gambling market is set to grow more than five-fold over the next few years to reach $12.3bn in 2028 versus $2.5bn in 2024, finds a report by Vixio, a leading provider of regulatory intelligence and market analysis.

The forecasts are featured in Vixio’s newly published Latin America Online Gambling Outlook report, which offers an in-depth overview and analysis of the online gambling markets across Latin America, highlighting key developments and trends shaping the industry.

The report includes a detailed update on the regulatory status of major countries in the region, providing stakeholders with essential insights into the evolving landscape of online gambling. Vixio’s proprietary forecasts for regulated markets across the continent from 2024 to 2028 are also featured, offering valuable projections for investors and operators looking to navigate this dynamic market.

In addition to regulatory updates and forecasts, the report delves into pending legislation and policy trends in key markets, including Brazil, Argentina, and Peru. These insights are crucial for understanding the potential opportunities and challenges that may arise as countries in the region continue to adapt their gambling regulations.

Mult-Billion Dollar Brazilian Market to Go Live in 3 Weeks

With Brazil accounting for over half of the Latin American online gambling market, it will be a critical jurisdiction to watch. Brazil’s regulated market for online gaming and sports betting is scheduled to launch on January 1, 2025. With one month to go before launch, Vixio has created a guide with the critical intelligence on the new market.

As the online gambling sector in Latin America continues to grow, Vixio remains committed to providing accurate and timely information to help industry professionals make informed decisions. The Latin America Online Gambling Outlook November 2024 report is an essential resource for anyone looking to stay ahead in this rapidly changing environment.

Related Topics:Gambling Latin America VIXIO

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Adrienn Sarkany

Hello there! I'm a 21-year-old university student majoring in Finnish and Korean Language and Literature. I have a deep passion for art and a profound connection to the natural world. My journey through life has been a colorful one, driven by my love for creativity, music, and the wonders of the great outdoors. As a dedicated student, I've already earned a degree in Classic Cantos, a testament to my appreciation for the timeless beauty of classical music. Beyond the classroom, my artistic spirit thrives through my love for painting and drawing. These creative outlets allow me to express my thoughts and emotions, transforming blank canvases into vibrant stories. My interests go far beyond music and art. Singing, playing the piano, and exploring new melodies are integral parts of my life, providing me with both solace and exhilaration. When I'm not immersed in the world of art and music, I find solace in nature's embrace. My heart is drawn to animals and the serene beauty of the natural world, fueling my desire to protect and preserve our precious environment.