By The Weekly Edge desk ·
Brazilian betting companies have doubled revenue in 2026, iGaming Business reported. The report also said illegal operators continued to represent a significant part of betting activity.
The regulated betting market is expanding while illegal betting remains a significant part of activity.
Request a correction / right of reply
Same companies, regulators or market.
Brazil’s revenue decline affected Entain’s reported growth, while the measure’s market restrictions add to uncertainty for operators there.
The suspension removes one betting-sponsored football broadcast and shifts free-to-air coverage to X Sports.
Betting companies’ departure reduces funding for the 2027 Campeonato Gaúcho, although staging does not depend on their return.
Novibet’s planned products would expand its offering amid increased sports betting competition and regulatory uncertainty.
KTO’s continued operations remain uncertain following Brazil’s betting ban, with closure unconfirmed by the company.