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Gross Revenue Growth
The gross gaming revenue (GGR) of the betting market in Latin America is projected to nearly triple between 2020 and 2025.
Projected Growth
Expected to rise at a CAGR of 10.3%, reaching US$ 245,792.4 million by 2033.
Major Market Players
Companies like Bet365, Intertops, 1XBet, and Betway are notable players in the region.
Market Revenue
The online gambling market revenue in South America is expected to reach $4.25 billion in 2023.
Annual Growth Rate
The market is forecasted to grow at an annual rate of 14.77% from 2023 to 2027.
Projected Market Volume
Estimated to reach $7.38 billion by the end of 2027.
Mobile Gaming Market
Expected to grow from US$ 2.67 billion in 2023 to USD 4.31 billion by 2028, with a CAGR of 10.01%.
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