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Brazil: Operators grossed $5bn between January and September 2025

In the first nine months of the year, Brazil had 25 million active bettors.

3 min read
Brazilian money
Key Points
The equivalent to 12% of the national population placed wagers until September this year
The majority of bettors in the country are male
The Brazilian Government collected around 11.9% of the revenue

Operators in Brazil have recorded gross revenue of BR27.7bn ($5bn) between January and September this year.

This amount led to BR3.3bn in federal revenue, which is about 11.9% of the revenue collected. This data comes from the Ministry of Finance in response to a Freedom of Information Act request made by Pay4Fun.

Among the 25 million national active bettors, 68% are men and 32% are women.

The largest allocation went to sports, with BR1.2bn, followed by tourism that's got BR953m and public security with BR461m.

The surge in sports betting revenue follows recent data showing Brazil's football sponsorship by operators went up 125%.

The total amount invested in front-of-shirt deals rose from BR496m in 2023 to BR1.117bn in 2025 among the clubs currently competing in the league.

Other areas in the country that benefitted from the revenue were social security (BR347m), education (BR 342m) and health (BR34m).

There were also transfers to civil society organizations like NGOs, associations and workers unions (BR16m).

Besides that, additional funds were directed to the federal police fund (BR18m) and the Brazilian industrial development agency (BR13m).

Even with legal uncertainty surrounding the sector, particularly after the recent suspension of municipal lotteries by Minister Nunes Marques, the data suggests that Brazil's regulated betting market continues to expand at a fast pace.

The scale of participation and revenue concentration indicates a sector that is growing despite regulatory turbulence, not because of its absence.

Good to know

Brazilian Senators are debating whether betting-related contributions should finance a new public-security fund

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