
Jose Sanchez
Research expert covering society, economy, & politics for Latin America
The gambling market in Latin America reflects the diversity of the region, with each country possessing different legislation to regulate sports betting, lotteries, and casinos. Despite the challenges posed by such a fragmented legal framework, the gross gaming revenue (GGR) of the betting market in Latin America is predicted to increase by almost 2.5 billion U.S. dollars between 2026 and 2030. When looking at online GGR in Latin America, a December 2025 study forecast considerable growth between 2021 and 2027. This growth was mainly driven by just three countries: Brazil, Mexico, and Argentina. That being said, this scenario was largely dependent on Brazil’s successful adoption of online gambling regulations that were implemented in the last decade.Â

Detailed statistics
Online vs. offline revenue of the sports betting market in Latin America 2017-2030

Detailed statistics
Online gambling revenue in Latin America 2017-2029

Detailed statistics
Global slot machine count 2024, by region

Online vs. offline revenue of the sports betting market in Latin America 2017-2030
Revenue of the sports betting industry in Latin America from 2017 to 2025, with a forecast until 2030, by setting (in billion U.S. dollars)

Estimated offline gambling revenue in Latin America 2017-2030, by country
In-person gambling revenue in selected countries in Latin America from 2017 to 2030 (in billion U.S. dollars)

Online gambling revenue in Latin America 2017-2029
Online gambling revenue in Latin America from 2017 to 2024, with a forecast until 2029 (in billion U.S. dollars)

Estimated online gambling revenue in Latin America 2017-2030, by country
Online gambling revenue in selected Latin American countries from 2017 to 2025, with a forecast until 2030 (in million U.S. dollars)

Percentage of users who played online betting in Latin America in 2023
Percentage of individuals who placed online bets in the last six months in selected Latin American countries, as of August 2023

Global slot machine count 2024, by region
Number of slot machines worldwide in 2024, by region

Slot machine count in the Caribbean 2023, by country or territory
Number of slot machines in selected countries or territories in the Caribbean in 2023

Countries with highest rates of online betting in Latin America 2025, by frequency
Share of individuals who bet online in selected Latin American countries as of February 2025, by frequency

Online gambling operators with largest share of voice in Brazil 2025
Leading online gambling companies in Brazil as of June 2025, by share of voice

Sports betting revenue in Brazil 2017-2030, by setting
Revenue of the sports betting industry in Brazil from 2017 to 2025, with a forecast until 2030, by setting (in billion U.S. dollars)

Preferred sports to bet on in Brazil 2025
Revenue of the sports betting revenue industry in Brazil in 2025, by sport (in million U.S. dollars)

Monthly spending of online gamblers in Brazil 2024
Amount deposited with online gambling operators per month by gamblers in Brazil as of August 2024 (in Brazilian reals)

Leading factor when deciding on a gambling operator in Brazil 2024
Reasons for choosing a betting operator in Brazil as of August 2024

Most popular gambling types in Brazil 2025
Gambling forms with the highest rates of engagement in Brazil as June 2025

Most popular online casino games in Brazil 2025
Most popular online casino games in Brazil as of February 2025

Brazil online sports betting market revenue forecast 2022-2027.
Online sports betting market revenue in Brazil in 2022, with forecasts until 2027 (in billions of U.S. dollars)

Tax revenue from lotteries, raffles, and gambling in Mexico 1980-2024
Tax revenue from lotteries, raffles, and gambling in Mexico from 1980 to 2024 (in U.S. dollars)

Number of casinos and gambling units in Mexican states 2025
Number of casino halls and other gambling units in Mexico as of May 2025, by state

Largest gambling companies in Mexico 2020-2024, by revenue
Leading companies in the gambling market in Mexico from 2020 to 2024, by net revenue (in billion Mexican pesos)

Gambling types with the most participants in Mexico 2017-2030
Number of individuals gambling in Mexico from 2017 to 2025 with a forecast to 2030, by type (in millions)

Online gambling penetration rate in Colombia 2017-2027
Percentage of users who accessed online gambling in Colombia between 2017 and 2027

Internet gambling market revenue in Colombia 2017-2027
Online gambling market revenue in Colombia from 2017 to 2027 (in millions of U.S. dollars)

Betting shops count in Colombia 2019-2022, by legal and illegal market
Number of legal and illegal betting shops in Colombia in 2019, with forecast until 2022

Most popular gambling websites in Colombia 2026
Most visited online gambling websites in Colombia in January 2026

Most well-known online betting companies in Argentina 2024
Most recognized online betting platforms in Argentina as of 2024

GGR of casinos in Chile 2018-2025
Gross gaming revenue (GGR) of casino halls in Chile from 2018 to 2025 (in billion Chilean pesos)

Tax revenue from gambling in Bolivia 1990-2023
Tax revenue from gambling in Bolivia from 1990 to 2023 (in U.S. dollars)

Tax revenue from casinos and gambling in Costa Rica 1990-2024
Tax revenue from casinos and gambling in Costa Rica from 1990 to 2024 (in U.S. dollars)

Gambling tax revenue in the Dominican Republic 1990-2022, by segment
Tax revenue from gambling in the Dominican Republic from 1990 to 2022, by segment (in million Dominican pesos)

Tax revenue from betting, gaming, and lottery in Jamaica 1990-2023
Tax revenue from betting, gaming, and lottery in Jamaica from 1990 to 2023 (in 1,000 U.S. dollars)

Tax revenue from gambling in Panama 1990-2023
Tax revenue from gambling in Panama from 1990 to 2023 (in U.S. dollars)

Gambling tax revenue in Paraguay 2015-2023, by segment
Tax revenue from gambling in Paraguay from 2015 to 2023, by segment (in million Paraguayan guaranÃes)

Tax revenue from casinos and slot machines in Peru 1994-2023
Tax revenue from casinos and slot machines in Peru from 1994 to 2023 (in million U.S. dollars)

Revenue of the casino games industry in South America 2017-2031
Revenue of the casino games industry in South America from 2017 to 2031 (in million U.S. dollars)

Casino games apps revenue in South America 2019-2029, by type
Revenue of casino games apps in South America from 2019 to 2029, by type (in million U.S. dollars)

Revenue of casino games apps in selected Latin American countries 2019-2029
Revenue of casino games apps in selected Latin American countries from 2019 to 2029 (in million U.S. dollars)

Main factors that would increase confidence to gamble online in Latin America 2022
Public opinion on the factors that would make people more confident about gambling online in selected Latin American countries as of January 2022

eSports and fantasy sports betting interest 2021, by country
Interest in betting on eSports and fantasy sports in selected countries worldwide as of April 2021

Main aspects for choosing a gambling company in Latin American countries 2020
Main factors influencing the choice of a gambling service provider in selected Latin American countries in 2020

Perceived impact of a new casino openings in Latin American countries 2020
Public opinion on the impact of a new casino opening in selected Latin American countries in 2020
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