MAR 14 DE MAYO DE 2024 - 08:34hs.
The country waits for legalization

How is the casino industry in Brazil?

The casino industry moves billions around the world, both land-based and online. In Brazil, the process of legalization is still under way in its capital, Brasilia, with many supporting the move as it would bring a high tax revenue for the government that could be reverted to improvements for the country. Today, Brazil is one of the most favorable emerging countries for the gaming industry, also generating growth in tourism and foreign investment.

The land-based casino industry

The casino industry in Brazil physically today works only through poker tournaments, but there are new ideas to complete casino implementations here.

Rio de Janeiro: Casinos Pilot Project

The most internationally famous city in Brazil has been considered to receive the first legalized physical casinos in Brazil. A foreign group would be interested in opening a network of casinos in the city that hosted the World Cup and the last Olympics.

This investment would generate a collection of US$7.65 billion for the Brazilian government. This model focused on Rio would further promote the city and centralize both operational and fiscal control.

Poker tournaments in Brazil

In 2012, poker was recognized as a sport of mind, being on the same level as chess and backgammon, by the Brazilian Ministry of Sports. Today, there is an estimate that in Brazil, poker has more than 6 million players, and this audience is made up of a majority of men between the ages of 18 and 55 from the Southeast, South and Central West regions.

The capital of poker in Brazil is Curitiba, where the sport is highly developed, with several establishments to play poker, and have access to restaurants, tobacco stores, beer gardens and coffee shops. That is, a complete infrastructure for players to play without worries.

Curitiba also hosted the largest poker tournaments in Brazil more than once, which further increased its popularity. In addition, several Brazilian celebrities, among them Ronaldo, Vanderley Luxemburgo, Henrique Fogaça and Denilson Show, help spread the sport even more in Brazil.

The online casino industry

The online casino industry in Brazil is also well developed, but generating profits only for its countries of origin. Brazil is still not economically favored by it.

Generation Y and mobile games

Brazil attracts so many eyes to its online gaming market, as this is one of the fastest growing sectors in the country. It is estimated that 23% of the population plays different online games, which gives an average of 46 million Brazilians, a population larger than many European countries.

Generation Y is primarily responsible for these numbers. Using their mobiles daily, they are loyal customeres, playing almost everyday. Among these games, a good percentage comes from online casino websites.

How to choose a good website to play online casino in Brazil?

Online casino websites work in Brazil legally. They are located mainly in Europe and under European laws, which makes it possible to use them without generating any legal problem for Brazilian players and bettors.

As there is no Brazilian regulation, it is essential to be very aware of the websites to vist, since there is a wide variety and difference in quality. Approximately 400 online betting sites operate in Brazil. With this boom of the segment and great variety of options it is fundamental to access a review service of these sites, such as Casinos Arena. It offers an evaluation of the best online casinos and which are safe to play. In addition, it gathers information on how to play the different games and get the best promotions.

Conclusion: What to expect in the future?

The casino industry in Brazil, it seems, has a promising future, the discussions are rolling and there are many interested in its legalization. It is time to wait how the story evolve in orde to finally have casinos in Brazil.

Source: GMB / World Lusiada (Brazil)