Brazil Market: SPA Projects R$10B Revenue for 2026
The Secretariat of Prizes and Bets (SPA) has published its consolidated report for the first year of the regulated market. Beyond the revenue figures, the report reveals a social and operational snapshot that positions Brazil as the fifth largest iGaming market in the world, only behind the USA, the United Kingdom, Italy, and Russia.
1. Snapshot of the Brazilian Bettor
The Betting Management System (SIGAP) has allowed, for the first time, obtaining real data rather than estimates:
- User Volume: 2025 closed with 25.2 million active bettors, representing approximately 12% of the country’s total population.
- Average Ticket: The average spending per bettor was R$ 164 monthly (approx. USD 30), which represents about 10.8% of the current minimum wage.
- Demographics: The predominant profile is male (71%), with a massive concentration in the 31 to 40 years old segment (27.8%), closely followed by young people aged 18 to 25.
- Preferences: Football remains the undisputed king (94% of bets), although eSports and basketball showed annual growth exceeding 25%.
2. Economic Performance and Tax Revenue
The impact on public coffers has exceeded the projections of the Ministry of Finance:
- Annual GGR: The Gross Gaming Revenue (total wagered minus prizes) surpassed R$ 37 billion in 2025.
- Total Revenue: Including grants (outorgas), inspection fees, and direct taxes, the State received more than R$ 8.8 billion.
- Allocation of Funds: The Brazilian model stands out for its social impact; 36% of the collected funds were allocated to sports, 28% to public security, and 10% to education.
3. The "War" against the Illegal Market
The SPA, in collaboration with Anatel, has been relentless in protecting the licensed market:
- Massive Blockades: More than 25,000 illegal domains were taken offline during the year.
- Financial Sanctions: 550 bank accounts used by unlicensed operators to process payments were identified and closed, thanks to monitoring by 54 financial institutions.
- Administrative Proceedings: Currently, 80 companies are in the penalty phase for non-compliance with advertising regulations or lack of transparency.
4. Responsible Gaming: The New Self-Exclusion Platform
One of the milestones at the end of 2025 was the launch of the Centralized Self-Exclusion Platform.
- In its first weeks of operation, more than 217,000 Brazilians requested the blocking of their accounts.
- 73% of applicants opted for indefinite exclusion, citing loss of financial control as the main reason.
Outlook for 2026: What’s Next?
For the second year of regulation, the SPA has defined an agenda that includes:
- Regulation of the Economic Chain: Strict rules will be established for game providers (slots, live casino) and affiliate platforms.
- World Cup and Growth: With the 2026 World Cup on the horizon, marketing investment from the 184 authorized brands is expected to reach historic levels.
- Estimated Revenue: Analysts predict that by the end of 2026, the sector’s total tax revenue will reach R$ 12 billion annually.
You can access the full SPA report here
Tags: Brazil, 2025 Brazil betting balance, SPA Brazil betting report, Brazil SPA Report 2025