Brazil's historic year: US$5.090B GGR & 25M active users

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Brazil's historic year: US$5.090B GGR & 25M active users

Brazil reached a gross gaming revenue (GGR) volume of R$27.7 billion (US$5.09 billion) between January and September, a figure that confirms the rapid expansion of the regulated market for sports betting and fixed-odds games, in effect since the regulatory adjustment implemented in 2024. The data comes from a report by the Ministry of Finance, obtained through the Access to Information Law by the Pay4Fun platform.

The number of active bettors also reflects the sector's magnitude: 25 million users, equivalent to 12 percent of the population, participated on regulated platforms during the first nine months of the year. The demographic profile shows a male predominance, with 68 percent male users compared to 32 percent female users.

How the State's revenue was distributed

From the total generated by operations, the federal government collected R$3.3 billion (US$606 million), which was channeled towards strategic areas:

Smaller contributions were also recorded for civil society organizations, the Federal Police, and the Brazilian Industrial Development Agency. The numbers consolidate the fiscal relevance of the sector under Law 14,790, approved at the end of 2023.

October marks a milestone in tax collection

The Federal Revenue Service confirmed at the end of November that revenue from online betting reached R$1 billion (US$185 million) in October alone, compared to the scant R$11 million (US$2 million) collected in the same month of 2024.

Between January and October, the sector’s accumulated tax revenues exceeded R$7.9 billion (US$1.46 billion), a 16,000 percent increase compared to the previous year and a clear demonstration of the impact of the new regulatory framework and the oversight tools applied by the State.

Although in September the revenue had reached a peak of R$1.2 billion (US$222 million), the Federal Revenue Service considers that the stability of the monthly amounts indicates maturity of the tax model, despite the expiration of Provisional Measure 1,303, which proposed raising the GGR rate from 12 to 18 percent.

Tags: Brazil, Pay4Fun, Brazil betting revenue, betting volume Brazil