FinanceRegulation & Legal

Brazil betting market records 15.2 million bettors in Q1

Brazil’s regulated betting market registered 15.2 million bettors in the first quarter of 2026, according to a report released by the Ministry of Finance. The data, collected by the Secretariat of Prizes and Betting (SPA) through the Betting Management System (Sigap), covers activity between January and March and provides the first detailed overview of bettor profiles in the country’s regulated market.

The report identified 15,186,243 unique CPF numbers active on licensed betting platforms during the period. The same database recorded 97,905,739 active accounts with operators and 113,347,716 connections across different brands, showing that many users maintain accounts with multiple betting companies.

Men accounted for 68.01% of registered bettors, while women represented 31.99% of the total user base. By age group, bettors aged 31 to 40 years old formed the largest segment, representing 28.85% of registrations. Users aged 25 to 30 accounted for 22.08%, followed closely by bettors aged up to 24 years old, who represented 21.66%.

The report also showed a high level of multi-platform activity among Brazilian bettors. More than half of users, 55.64%, maintained accounts with two or more operators. The breakdown showed that 44.36% of bettors used a single platform, while 17.96% used two operators, 9.89% used three, and 27.78% maintained accounts with four or more bookmakers.

The regulated market generated R$7.6 billion in gross gaming revenue during the first three months of 2026, with funds distributed to public and social sectors.

Of the total gross gaming revenue generated in the quarter, R$914 million was allocated to social and public purposes under Brazil’s betting legislation. Sports received the largest share of these funds, with R$329.1 million, followed by tourism with R$256 million and public security with R$124.3 million.

Additional allocations included R$91.4 million each for education and social security, while the health sector received R$9.1 million. The figures provide insight into the early performance of Brazil’s regulated betting framework following the implementation of the country’s licensing system.

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