H2 Gambling Capital calculates that the total betting market – online and offline- in Latin America and the Caribbean (incl. horseracing and sports), will increase by more than 66% between 2018 and 2024, reaching nearly US$ 2.331 million of gross win.
The information is based on the statistics obtained, as well as the analysis of the gambling market. In accordance with the results of marketing research, analysts of the leading consulting company H2 Gambling Capital build their predictions for the future.
In the Brazilian market alone, the total betting market (incl. horseracing and sports) is estimated to grow by nearly 700% between 2018 and 2024, increasing from US$ 73.9 million to US$ 581.4 million of gross win (the amount a bookie, bookmaker, or sportsbook wins before operating expenses are calculated in).
H2 Gambling Capital is a company dedicated to providing the best independent data and market intelligence in the sector, to help clients and partners take advantage of new opportunities, safeguard their interests and meet their commercial objectives. Its extensive market database is over 2 million data points across 150 jurisdictions.
Source: Games Magazine Brasil
