By The Weekly Edge desk ·
The United States, Canada and Mexico collectively generate approximately 39% of worldwide iGaming revenue, iGaming Brazil reported. The report attributes the estimate to betting analytics platform Blask.
Operators and investors can assess North America’s market significance through Blask’s estimate of approximately 39% of global iGaming revenue.
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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.
Blask’s projection suggests prohibition would push consumers outside Brazil’s regulated betting market without ending demand.