Brazil Leads LatAm Gaming and Betting Growth in Q2

Brazil – August 14, 2025 – www.zonadeazar.com – Latin America remains one of the fastest-growing regions in global gaming and betting. With just seven months of regulated online operations, Brazil is emerging as a key growth driver, while Colombia and Peru face headwinds from increased taxation.

Flutter boosts revenue with NSX acquisition

In 2024, Flutter acquired 56% of NSX, owner of Betnacional, and created Flutter Brazil, also including Betfair Brazil.

  • Brazil revenue: +144% in Q2 (US$ 44 million).
  • Betfair Brazil saw a slight decline due to adverse sports results and stricter KYC requirements.

CEO Peter Jackson highlighted Brazil’s market potential and hinted at further LatAm expansion.

Entain grows 21% in Brazil despite challenges

Entain posted a 21% year-on-year increase in H1, making Brazil its fastest-growing market outside the U.S.

  • Boosted by the FIFA Club World Cup.
  • Country accounted for 5% of H1 NGR.
  • Tax increases impacted EBITDA by £28 million (US$ 38 million).

CEO Stella David warned of market volatility and the risk of illegal market expansion.

BetMGM targets 10% share in Brazil

Partnering with Grupo Globo, BetMGM aims to capture 10% market share in Brazil. CEO Bill Hornbuckle and MGM Interactive President Gary Fritz reaffirmed an optimistic outlook with aggressive marketing plans.

Betsson hits LatAm revenue record

Betsson grew regional revenue by 35.4% to €84.7 million (US$ 99.3 million).

  • LatAm represented 28% of quarterly revenue.
  • Peru and Argentina led growth.
  • Sports betting revenue rose from €22.3M to €33.2M.

Other players: Super Group and Kambi

Super Group saw LatAm revenue drop nearly 50% after exiting Brazil.
Kambi increased Americas turnover by 3.4% thanks to Brazil’s market launch, with the Club World Cup generating 80% of bets on its regional network.

Editó: @_fonta www.zonadeazar.com

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