By The Weekly Edge desk ·
Blask projects that 21.6 million Brazilians would continue betting after a ban, SBC Notícias Brasil reported. The study expects a prohibition on fixed-odds betting to push consumers out of the regulated market without ending demand.
Blask’s projection suggests prohibition would push consumers outside Brazil’s regulated betting market without ending demand.
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The measure may affect access to regulated self-exclusion and remove a funding source for gambling-related prevention and treatment, according to BNLData.
Offshore providers gained market share as their demand held steady while domestic demand fell following Brazil’s provisional restriction measure.
Blask’s estimated migration to offshore platforms highlights potential bettor welfare risks and threats to financial and personal data security.
Blask’s research highlights continued offshore gambling website use after India’s ban as an emerging risk for Brazil.
Blask estimates Brazil’s licensed online gambling ban could push approximately 21.6 million bettors towards offshore platforms.
Licensed operators face offshore competitors taking a larger share of both online search demand and projected revenue in New Jersey.