
Live casino games account for 6% of the market share, while the rest is divided into other types of iGaming.
Hot market
The study also points out the growth of active online betting and iGaming accounts in the country. The forecast is that this number will reach 36 million by 2026.
Each of these accounts should represent a gross revenue (GGR) of around US$ 133. In other words, a booming market.
In total, it is estimated that the online betting and gaming market in Brazil will reach a gross revenue of R$ 29 billion (US$5bn) in 2026.
Most popular categories
In addition, the survey presents the most popular types of bets, such as pre-match or in-game bets.
The study highlights that real-time bets have been stimulating the online betting and gaming sector in Brazil, and that this trend should continue with the regulation of the sector in the country (in progress).
Finally, the H2 Gambling Capital survey ranks the favorite and most profitable sports when it comes to online betting and gaming. It is no surprise that football leads the ranking in the country, accounting for 86% of gross revenue.
Just to give an example, tennis and basketball, which come in second and third place in GGR, represent 4% and 3%, respectively.
In the other category, the study highlights that MMA and boxing are popular, but have a lower availability of products. Therefore, they have a smaller share of the overall GGR.
Source: Cointelegraph