Brazil’s Secretariat of Prizes and Betting (SPA-MF) has published its official report on the
first full year of the regulated fixed-odds online betting market, covering the period
1 January – 30 December 2025.
The data is based on mandatory operator reporting via the SIGAP platform.
The iGN editorial team highlights the following key findings.
📈 Market performance: GGR & contributions
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$7.1 billion — total GGR in 2025
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$872 million — transfers to public funds (12% of GGR)
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$18.4 million — regulatory and licensing fees
👥 Audience and player behaviour
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25.2 million unique players
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100.8 million active brand-level accounts
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68.3% men / 31.7% women
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31–40 years — largest age group (28.6%)
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48% of players gamble with only one operator
🚫 Tackling the illegal market (Oct 2024 – Dec 2025)
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25,000 illegal URLs blocked
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265 unlicensed operators identified
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550 bank accounts shut down
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132 inspection procedures
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78 operators, 133 brands
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80 administrative sanction cases
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412 influencer audits
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324 accounts and 229 posts removed
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🧠 Self-exclusion trends (+217,000 requests)
Reasons cited:
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Loss of control — 36.83%
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Data protection concerns — 24.48%
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Voluntary choice — 14.87%
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Not disclosed — 12.53%
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Financial reasons — 10.03%
Duration selected:
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Permanent — 73.39%
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12 months — 18.89%
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3 months — 2.51%
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6 months — 2.45%
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1 month — 2.30%
