Why Is It Worth Opening an Online Casino in Brazil?
The most lucrative market in the region
Interest of the audience in gambling
Simple process of obtaining a license
Optimal conditions for casino operators
Fast Licensing of Projects
We will help you prepare documentation and obtain a gaming license in the desired jurisdiction in the short term
Selection of Relevant Content
Our experts will advise you on the selection of gaming content that will meet the needs of your potential customers
Software from the Best Vendors
Casino Market cooperates with world-renowned, time-tested suppliers having extensive experience
Prompt Informational Support
We will be constantly in touch during the implementation of your gambling project. Feel free to ask any questions
How Profitable Is It to Buy an Online Casino in Brazil? A Detailed Market Analysis from Casino Market Experts
The online gambling business in Brazil is an excellent example of how things can shape up very fast. Currently, the country has a substantial land-based gambling infrastructure with dozens of establishments being situated in Sao Paolo and Rio. At the same time, the online industry is still gaining momentum.
There have already been attempts to legalize internet gambling in Brazil. Regardless of the urgent question being up in the air, a lot of operators are still focusing on acquiring the local players. The experts at Casino Market gathered all relevant data to explain why it is beneficial to start an online gambling business in Brazil.
Main Peculiarities of Brazilian Gambling Laws
Brazilian gambling laws do not regulate the online industry, for now, so here are the main notions to keep in mind before you buy an online casino in Brazil:
- Taxes from foreign-based platforms. Statistics say that the online gambling business in Brazil gathers almost $4 billion of taxes that go to casino websites from abroad. These platforms are registered in the jurisdictions that the Brazilian government can not influence. So, it is insanely beneficial to legalize the sphere to start putting money into the local treasury.
- Failed gambling bill. In 2016, there has already been an attempt to install online gaming regulations and move Brazilian gambling laws to a new level. It was all about the special bill called SB 186/2014. It implied the enhanced control over the industry and allowed operators to apply for a local gaming license.
- Partnership potential. As soon as the bill was mentioned in the order-paper, operators immediately started to seek for the benefit. An untitled gambling services provider signed a $5-million agreement with one of the most successful football clubs in Brazil — Corinthians. The bill was soon denied but it showed how important for the local operators to legalize the online gambling business.
- Increased demand. When an operator wants to open online betting in Brazil or launch an internet gambling platform, he should be aware of the popularity of the entertainment. The residents of Brasilia, Rio, Sao Paulo, and other big cities are in high demand for online gambling. It was particularly impactful during the Coronavirus pandemic when the land-based establishments could not offer their services to Brazilians.
For now, the most efficient way to buy an online casino in Brazil is to find a foreign jurisdiction that issues licenses to operate in the country. With the proper operational permit and taxation clarity, there will be no problems with the law, and the players’ trust will be on a high level.
Image of a Brazilian Player
When an operator enters a new market, it is integral to get acquainted with the public to understand their preferences and demands. Brazil is the biggest and most populous state in South America. The majority of residents speak Portuguese.
The internet penetration rate is at a high level — over 90%. Most people use low-cost Android phones (81%) that are still capable of supporting popular applications.
The average earning capacity within the country is $550 monthly. However, local regions differ a lot from each other in terms of solvency because of the labour market distribution. It does not prevent all Brazilians from being fond of various discounts, promos, and bonuses.
One of the main concerns in the country is the distribution of e-commerce payment methods:
- credit cards — 56%;
- e-wallets — 12%;
- Boleto (local cash payment system) and vouchers — 10%;
- international credit cards — 9%;
- bank transfers — 6%;
- debit cards — 5%.
While the majority of residents utilise credit costs to pay for their activity on the Internet, online gambling faces its biggest challenge. It is currently not allowed to use such cards (especially of local banks) to deposit or cash out funds. That is why e-wallet is the most widely resorted payment method.
The currency of the punters' choice is a dollar or a local real. However, since a lot of e-commerce transactions take up to a month to process, Brazilians gladly work with crypto. Bitcoin is the trendiest digital currency thanks to its confidentiality and instant transfers.
A typical gambling player in Brazil has the following characteristics:
- utilises a smartphone to access a casino or a betting site rather than a desktop computer (78% of all users);
- fancies slots but also actively participates in online roulette (79%), blackjack (66%), and other card games (64%);
- regularly accesses a famous lottery-based entertainment called Jogo do Bicho;
- prefers the Portuguese language on the site but does not mind English due to a relatively high percentage of understanding;
- often takes part in eSports betting, choosing such popular games as The League of Legends, CS:GO, Overwatch, etc.;
- get attracted to national symbols (flag and colours) due to the highly patriotic nature of the mindset.
Casino Market offers our innovative analytical solutions to ensure your platform is constantly adapted to the needs of modern Brazilians. Order our latest administrative and entertainment software to maximise user appeal for your casino or bookmaker’s portals.
Key Advantages of Online Gambling Business in Brazil
An operator must be aware of the main benefits of building a project in this country. Undoubtedly, high demand is one of the crucial turning points for the decision. However, there are still a lot of advantages that can help an operator opt for the Brazilian gambling market.
| Acquiring a positive reputation | As you build your online casino in Brazil, you will try to make it as appealing as possible with the most reliable software. Players do not miss how you care about them and will spread your reliability across the country and beyond |
| Popularizing online gambling | People in Sao Paulo, Rio, and Brasilia (as well as other local cities) enjoy gambling and betting. However, there are still a lot of audiences to acquire that either is not familiar with this entertainment of just makes the first steps into the world of online gaming |
| Total digitalization | Mobile gambling is living through its best times right now, and Brazilians gladly accept such an accessible entertainment. 70% of the population has an internet connection, so with the right focus of the gaming content, there will be no lack of players |
| High level of return | When an operator develops an online casino, he wants it to be beneficial for himself and attractive for players. Individual development of return-to-player rates make it possible to pay off all investments made into the organization of a casino in less than half a year |
| No black competition | The appearance of high-quality foreign gambling establishments made entering the market without a license entirely useless. Such disgraceful operators are quickly banned and have their access to the market restricted |
| Pandemic influence | Brazil is one of the worst affected countries in the world. Three million registered instances (by August 2020) made the local government install strict quarantine measurements. As a result, land-based gambling establishments can not host the same amount of players, making online casinos extremely popular in the hard times |
Another huge advantage of working in Brazil is its prospects for the near future. The online gross gaming revenue over 2022 was estimated at around $200 million. However, constant updates in regulations and a rapid upgrade of the betting sphere allow experts to make promising forecasts.
Brazilian GGR prediction for the next few years:
- 2023 — $550 million;
- 2024 — $800 million;
- 2025 — $1.1 billion;
- 2026 — $1.3 billion.
Casino Market guides our clients through any challenges of accessing one of the most promising South American gambling regions. We offer individual elaboration of components as well as a ready-made platform setup. Order proficient assistance at a leading aggregator of gaming and betting solutions.
Ordering a Turnkey Online Casino in Brazil
If an entrepreneur has never had any experience in the gambling business, it will be complicated for such a person to open a casino in Brazil. Even though it may look like any other business project, there are actually a lot of notions that must be considered in the organizational process. That is why it is much more beneficial to rely on professional help.
The experts at Casino Market offer you to try a turnkey online casino in Brazil. It involves the transfer of all responsibilities from you as an operator to our specialists.
Let us provide you with a bit more details on this convenient offer:
- Individual approach to the site design. Our web designers are into the latest Brazilian trends and are ready to implement them during the development of your online gambling platform.
- Efficient online casino software in Brazil. Casino Market works only with the most beneficial vendors on the Brazilian market. These are Novomatic, Igrosoft, Nextgen, Aristocrat, and Greentube.
- Legal assistance from specialists. Casino Market also has an experienced juridical department that can take care of any occurred issues.
- Effortless licensing process. One of the peculiarities of the Brazilian market is the necessity to obtain an official operational permit. Our experts know perfectly well what type of license and what jurisdiction your particular business needs.
- Secure payment systems. Casino Market also offers the installation of the best payment gambling software in Brazil. Among all available transaction possibilities Itau, Banco do Brasil, and Bradesco are the most widely used in the country.
Restricted Casino Providers in Brazil
The popularity of iGaming amusement in the region attracts numerous entrepreneurs to start lucrative projects targeting locals. The performance rate of these platforms depends on the quality and legality of software providers.
Brazilian authorities are now working hard on establishing a fully regulated digital gambling environment. Current operability access allows almost any legal vendor of programming support to propose its services in the country. For now, there is only one brand notably restricted from the state — Nolimit City.
The variety of accessible providers is excellent for starting a gambling project for Brazilian punters. But the selection of the right partners can be challenging for operators.
Casino Market offers proficient aid in choosing and integrating the relevant programming support. Our experts will make sure your audience gets enjoyable entertainment while your administrative capabilities will also be extensive.
Order our relevant software support or look into a casino platform from scratch in Brazil with complete development by specialists.
The Main Things about Launching An Online Gambling Business in Brazil
Besides a convenient turnkey online casino in Brazil, Casino Market also offers a complete guide on the gambling industry in the country. It involves explanations and around-the-clock support of the tiniest aspects related to the operational process in Brazil. In particular, our specialists pay attention to:
- the potential regulation of the online gambling industry in the country that is being heavily discussed after the failed SB 186/2014 bill in 2016;
- the key advantages of starting an online gambling business in Brazil that includes acquiring a positive reputation, increased popularity of the industry, total digitalization of the country, quick pay-off period, absence of illegal competition, recent pandemic influence;
- the best providers of online casino software in Brazil that include Novomatic, Igrosoft, Amatic, Aristocrat, and Greentube;
- the opportunity to acquire an online gambling platform through a turnkey online casino in Brazil from Casino Market.
Order the most efficient software and licensing assistance from one of the leaders of the gambling market. Our services are budget-friendly and understandable to any entrepreneur. Just contact us via any convenient method. We are waiting for your orders.
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