Latin America Gambling Market (2022-2028) | Outlook, Forecast, Size, Analysis, Trends, Value, Revenue, Growth, Industry, Share, Segmentation & COVID-19 IMPACT

Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Product Type (Betting, Casino, Lottery, Others), By Channel Type (Offline, Online, Virtual Reality VR), By Platform (Land-Based, Online) And Competitive Landscape

Product Code: ETC058495 Publication Date: Jan 2023 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Latin America Gambling Market Synopsis

The Latin America Gambling Market is becoming one of the most significant markets on account of rising disposable income levels, growing internet penetration, as well as growing online gambling websites. The impacts of COVID-19 pandemic were massive that completely hampered the growth of the industry as the governments in almost every country of the continent imposed strict lockdown, which did not allow people to go out and become a part of any activity. Though, the online gambling platforms impacted positively by the pandemic as many people started using online gambling platforms. Affordability of many mobile applications is also one of the vital factors aiding the growth of this market.

Latin America Gambling Market

According to 6Wresearch, the Latin America Gambling Market Size is projected to grow at a CAGR of 18.4% during 2022-2028. The Gambling Market in Latin America is experiencing tremendous growth due to transforming lifestyles and rise in purchasing power of customers. Furthermore, growing virtualization in the region coupled with safe and secure virtual payment alternatives are also play a major role in the growth of online gambling market. Owing to the increasing use of virtual currency as well as websites provided by the players for betting and gambling, the market anticipated to obtain momentum during the forecast period. Consumers are projected to shift from land-based gambling to gambling which is played online since it provides consumers’ hassle-free experience. In online gambling consumers do not need to go out as they can start playing sitting comfortably in their homes. Technological advancement such as virtual reality and augmented reality has made it possible that consumers now can have experience of real-life gambling by sitting anywhere.  

Mexico Gambling Market Revenue Share, By Product Type

Market by Product Type

Casino accounts for the major share of the Latin America Gambling Market owing to the number of gambling alternatives available under one platform. Moreover, casino attracts tourist and a number of tourists visit Mexico to experience real-life environment of casino. Casino will continue to dominate the sector along with betting segment. The betting segment is anticipated to register growth over the forecast period due to the rising E-Sports betting demand.

Market by Channel Type

Land based segment has the dominance in the market and this segment will retain its dominance in the coming years due to the availability of big numbers of casinos in Mexico. Moreover, the Mexico government enabled casino as a legal activity since it also supports in generating revenue, and supports the government to earn taxes. Owing to the technological advancements, rising internet penetration, and affordability of mobile applications, the online segment is also estimated to boost the market share.

Latin America Gambling Market Oppourtunity Assesment

Market by Countries

Brazil accounted for major revenue share of the Gambling Market in Latin America despite the fact that there are a number of gambling activities that are not legal in the nation. In the country, horse betting as well as games of skills like poker are regulated and they highly contribute to the market share. Moreover, online gambling in the country is unregulated and many offshore operates take benefit of this legal loophole and they welcome players based in the country. Factors such as rising purchasing power and rising per capita income along with the growing online gambling website is expected to result in development of gambling market in Brazil.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 11 Years Market Numbers.
  • Historical Data Starting from 2018 to 2028.
  • Base Year: 2022
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Latin America Gambling Market Overview
  • Latin America Gambling Market Outlook
  • Latin America Gambling Market Forecast
  • Historical Data and Forecast of Latin America Gambling Market Revenues, for the Period 2018-2028F
  • Historical Data and Forecast of Latin America Gambling Market Revenues, By Product Type, for the Period 2018-2028F
  • Historical Data and Forecast of Latin America Gambling Market Revenues, By Channel Type, for the Period 2018-2028F
  • Historical Data and Forecast of Latin America Online Gambling Market Revenues, By Type, for the Period 2018-2028F
  • Historical Data and Forecast of Latin America Land Based Gambling Market Revenues, By Type, for the Period 2018-2028F
  • Historical Data and Forecast of Latin America Gambling Market Revenues, By Countries, for the Period 2018-2028F
  • Market Opportunity Assessment
  • Market Drivers and Restraints
  • Market Trends
  • Porter’s Five Force Model
  • Impact Analysis of COVID-19
  • Industry Life Cycle
  • Latin America Gambling Market Revenue Share, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Product Type

  • Betting
  • Casino
  • Lottery
  • Others (Bingo, Rummy, etc)

By Channel Type

  • Land Based
  • Online

By Countries

  • Mexico
  • Argentina
  • Brazil
  • Rest of Latin America (including Peru, Chile, Bolivia, Cuba, Costa Rica, etc.)
Frequently Asked Questions About the Market Study:

1. Does this report consider the impacts of the COVID-19 pandemic?

The report considers the impacts of the COVID-19 pandemic. The pandemic had massive impacts on the development of the market.

2. Is the market anticipated to grow in the future?

The Latin America Gambling Market Size is projected to grow at a CAGR of 18.4% during 2022-2028.

3. What are some key factors responsible for the market growth?

The Gambling Market in Latin America is experiencing high growth owing to transforming lifestyles and rise in purchasing power of customers. Furthermore, growing virtualization in the region coupled with safe and secure virtual payment alternatives are also play a major role in the growth of online gambling market.

4. Why is the online gambling becoming popular in Latin America?

In online gambling consumers do not need to go out as they can start playing sitting comfortably in their homes. Technological advancement such as virtual reality and augmented reality has made it possible that consumers now can have experience of real-life gambling by sitting anywhere. 

5. Which country in Latin America will become the largest market for gambling?

Brazil accounted for major revenue share of the Gambling Market in Latin America despite the fact that there are a number of gambling activities that are not legal in the nation. The nation will dominate the market in the coming years. In the country, horse betting as well as games of skills like poker are regulated and they highly contribute to the market share.

6. Which factors are driving the gambling market in Brazil?

Factors such as rising purchasing power and rising per capita income along with the growing online gambling website is expected to result in development of gambling market in Brazil.

7. Is customization available in the market study?

Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements.

1. Executive Summary
2. Introduction
 2.1 Report Description
 2.2 Key Highlights of the Report
 2.3 Market Scope and Segmentation
 2.4 Research Methodology
 2.5 Assumptions
3. Latin America Gambling Market Overview
 3.1 Latin America Gambling Market Revenues, 2018-2028F
 3.2 Latin America Gambling Market Industry Life Cycle
 3.3 Latin America Gambling Market Porter’s Five Forces Model
 3.4 Latin America Gambling Revenue Share, By Countries, 2021 & 2028F
4. Impact Analysis of COVID-19 on Latin America Gambling Market
5. Latin America Gambling Market Dynamics
 5.1 Impact Analysis
 5.2 Market Drivers
 5.3 Market Restraints
6. Latin America Gambling Market Trends & Evolution
7. Mexico Gambling Market Overview
 7.1 Mexico Gambling Market Revenues , 2018-2028F
 7.2 Mexico Gambling Market Revenue Share, By Product Type, 2021 & 2028F
 7.2.1 Mexico Gambling Market Revenues, By Product Type, 2018-2028F
 7.2.1.1 Mexico Gambling Market Revenues, By Betting, 2018-2028F
 7.2.1.2 Mexico Gambling Market Revenues, By Casino, 2018-2028F
 7.2.1.3 Mexico Gambling Market Revenues, By Lottery, 2018-2028F
 7.2.1.4 Mexico Gambling Market Revenues, By Others, 2018-2028F
 7.3 Mexico Gambling Market Revenue Share, By Channel Type, 2021 & 2028F
 7.3.1 Mexico Gambling Market Revenues, By Channel Type, 2018-2028F
 7.3.1.1 Mexico Gambling Market Revenues, By Land Based, 2018-2028F
 7.3.1.2 Mexico Gambling Market Revenues, By Online, 2018-2028F
 7.4 Mexico Land Based Gambling Market Revenue Share, Type, 2021 & 2028F
 7.4.1 Mexico Land Based Gambling Market Revenues, By Type, 2018-2028F
 7.4.1.1 Mexico Land Based Gambling Market Revenues, By Betting, 2018-2028F
 7.4.1.2 Mexico Land Based Gambling Market Revenues, By Casino, 2018-2028F
 7.4.1.3 Mexico Land Based Gambling Market Revenues, By Lottery, 2018-2028F
 7.4.1.4 Mexico Land Based Gambling Market Revenues, By Others, 2018-2028F
 7.5 Mexico Online Gambling Market Revenue Share, By Type, 2021 & 2028
 7.5.1 Mexico Online Gambling Market Revenues, By Type, 2018-2028F
 7.5.1.1 Mexico Online Gambling Market Revenues, By Betting, 2018-2028F
 7.5.1.2 Mexico Online Gambling Market Revenues, By Casino, 2018-2028F
 7.5.1.3 Mexico Online Gambling Market Revenues, By Lottery, 2018-2028F
 7.5.1.4 Mexico Online Gambling Market Revenues, By Others, 2018-2028F
 7.6 Mexico Gambling Market Key Performance Indicators 
 7.7 Mexico Gambling Market Opportunity Assessment
 7.7.1 Mexico Gambling Market Opportunity Assessment, By Product Type, 2028F
 7.7.2 Mexico Gambling Market Opportunity Assessment, By Channel Type, 2028F
 7.7.3 Mexico Online Gambling Market Opportunity Assessment, By Type, 2028F
 7.7.4 Mexico Land Based Gambling Market Opportunity Assessment, By Type, 2028F
8. Argentina Gambling Market Overview
 8.1 Argentina Gambling Market Revenues , 2018-2028F
 8.2 Argentina Gambling Market Revenue Share, By Product Type, 2021 & 2028F
 8.2.1 Argentina Gambling Market Revenues, By Product Type, 2018-2028F
 8.2.1.1 Argentina Gambling Market Revenues, By Betting, 2018-2028F
 8.2.1.2 Argentina Gambling Market Revenues, By Casino, 2018-2028F
 8.2.1.3 Argentina Gambling Market Revenues, By Lottery, 2018-2028F
 8.2.1.4 Argentina Gambling Market Revenues, By Others, 2018-2028F
 8.3 Argentina Gambling Market Revenue Share, By Channel Type, 2021 & 2028F
 8.3.1 Argentina Gambling Market Revenues, By Channel Type, 2018-2028F
 8.3.1.1 Argentina Gambling Market Revenues, By Land Based, 2018-2028F
 8.3.1.2 Argentina Gambling Market Revenues, By Online, 2018-2028F
 8.4 Argentina Land Based Gambling Market Revenue Share, Type, 2021 & 2028F
 8.4.1 Argentina Land Based Gambling Market Revenues, By Type, 2018-2028F
 8.4.1.1 Argentina Land Based Gambling Market Revenues, By Betting, 2018-2028F
 8.4.1.2 Argentina Land Based Gambling Market Revenues, By Casino, 2018-2028F
 8.4.1.3 Argentina Land Based Gambling Market Revenues, By Lottery, 2018-2028F
 8.4.1.4 Argentina Land Based Gambling Market Revenues, By Others, 2018-2028F
 8.5 Argentina Online Gambling Market Revenue Share, By Type, 2021 & 2028F
 8.5.1 Argentina Online Gambling Market Revenues, By Type, 2018-2028F
 8.5.1.1 Argentina Online Gambling Market Revenues, By Betting, 2018-2028F
 8.5.1.2 Argentina Online Gambling Market Revenues, By Casino, 2018-2028F
 8.5.1.3 Argentina Online Gambling Market Revenues, By Lottery, 2018-2028F
 8.5.1.4 Argentina Online Gambling Market Revenues, By Others, 2018-2028F
 8.6 Argentina Gambling Market- Key Performance Indicators
 8.7 Argentina Gambling Market Opportunity Assessment
 8.7.1 Argentina Gambling Market Opportunity Assessment, By Product Type, 2028F
 8.7.2 Argentina Gambling Market Opportunity Assessment, By Channel Type, 2028F
 8.7.3 Argentina Online Gambling Market Opportunity Assessment, By Type, 2028F
 8.7.4 Argentina Land Based Gambling Market Opportunity Assessment, By Type, 2028F
9. Brazil Gambling Market Overview
 9.1 Brazil Gambling Market Revenues , 2021-2028F
 9.2 Brazil Gambling Market Revenue Share, By Product Type, 2021 & 2028F
 9.2.1 Brazil Gambling Market Revenues, By Product Type, 2018-2028F
 9.2.1.1 Brazil Gambling Market Revenues, By Betting, 2018-2028F
 9.2.1.2 Brazil Gambling Market Revenues, By Casino, 2018-2028F
 9.2.1.3 Brazil Gambling Market Revenues, By Lottery, 2018-2028F
 9.2.1.4 Brazil Gambling Market Revenues, By Others, 2018-2028F
 9.3 Brazil Gambling Market Revenue Share, By Channel Type, 2021 & 2028F
 9.3.1 Brazil Gambling Market Revenues, By Channel Type, 2018-2028F
 9.3.1.1 Brazil Gambling Market Revenues, By Land Based, 2018-2028F
 9.3.1.2 Brazil Gambling Market Revenues, By Online, 2018-2028F
 9.4 Brazil Land Based Gambling Market Revenue Share, Type, 2021 & 2028F
 9.4.1 Brazil Land Based Gambling Market Revenues, By Type, 2018-2028F
 9.4.1.1 Brazil Land Based Gambling Market Revenues, By Betting, 2018-2028F
 9.4.1.2 Brazil Land Based Gambling Market Revenues, By Casino, 2018-2028F
 9.4.1.3 Brazil Land Based Gambling Market Revenues, By Lottery, 2018-2028F
 9.4.1.4 Brazil Land Based Gambling Market Revenues, By Others, 2018-2028F
 9.5 Brazil Online Gambling Market Revenue Share, By Type, 2021 & 2028F
 9.5.1 Brazil Online Gambling Market Revenues, By Type, 2018-2028F
 9.5.1.1 Brazil Online Gambling Market Revenues, By Betting, 2018-2028F
 9.5.1.2 Brazil Online Gambling Market Revenues, By Casino, 2018-2028F
 9.5.1.3 Brazil Online Gambling Market Revenues, By Lottery, 2018-2028F
 9.5.1.4 Brazil Online Gambling Market Revenues, By Others, 2018-2028F
 9.6 Brazil Gambling Market- Key Performance Indicators
 9.7 Brazil Gambling Market Opportunity Assessment
 9.7.1 Brazil Gambling Market Opportunity Assessment, By Product Type, 2028F
 9.7.2 Brazil Gambling Market Opportunity Assessment, By Channel Type, 2028F
 9.7.3 Brazil Online Gambling Market Opportunity Assessment, By Type, 2028F
 9.7.4 Brazil Land Based Gambling Market Opportunity Assessment, By Type, 2028F
10. Rest of Latin America Gambling Market Overview
 10.1 Rest of Latin America Gambling Market Revenues , 2018-2028F
11. Latin America Gambling Market Competitive Landscape
 11.1 Latin America Gambling Market Company Ranking, By Companies, 2021
 11.2 Latin America Gambling Market Competitive Benchmarking, By Technical Parameters
11.3 Latin America Gambling Market Competitive Benchmarking, By Operating Parameters
12. Company Profiles
 12.1 Codere Group
 12.2 Winland Group
 12.3 Caliente Casino
 12.4 Bet365
 12.5 Intertops
 12.6 1XBet
 12.7 Interwetten
 12.8 Betway Group
 12.9 BetOnline
 12.10. Scientific Games Corporations
12.11. Casino De Victoria S.A.
13. Key Strategic Recommendations
14. Disclaimer
List of Figures
 1. Latin America Gambling Market Revenues, 2018-2028F ($ Million)
 2. Latin America Gambling Market Revenue Share, By Countries, 2021 & 2028F
 3. GDP Per Capita of Latin America 2018-2026F (US$)
 4. Gross domestic product based on purchasing-power-parity (PPP) Share of the world total,2019-2026F, (%)
 5. Purchasing Power Parity of Latin America, 2019-2025F (Local Currency Unit per USD)
 6. Latin America Mobile Internet users, 2018-2025F (Million)
 7. Latin America Internet Users (Million), 2021
 8. Latin America Mobile Internet Penetration Rate, 2018-2025F, (%)
 9. Type of Cyber Threats
 10. Mexico Gambling Market Revenues, 2018-2028F ($ Million)
 11. Mexico Gambling Market Revenue Share, By Product Type, 2021 & 2028F
 12. Mexico Gambling Market Revenue Share, By Channel Type, 2021 & 2028F
 13. Mexico Online Gambling Market Revenue Share, By Type, 2021 & 2028F
 14. Mexico Land Based Gambling Market Revenue Share, By Type, 2021 & 2028F
 15. Tourist Arrivals in Mexico Jan 2021 – Nov 2021 (in Thousand)
 16. Mexico Gambling Market Opportunity Assessment, By Product Type, 2028F
 17. Mexico Gambling Market Opportunity Assessment, By Channel Type, 2028F
 18. Mexico Online Gambling Market Opportunity Assessment, By Type, 2028F
 19. Mexico Land Based Gambling Market Opportunity Assessment, By Type, 2028F
 20. Argentina Gambling Market Revenues, 2018-2028F ($ Million)
 21. Argentina Gambling Market Revenue Share, By Product Type, 2021 & 2028F
 22. Argentina Gambling Market Revenue Share, By Channel Type, 2021 & 2028F
 23. Argentina Online Gambling Market Revenue Share, By Type, 2021 & 2028F
 24. Argentina Land Based Gambling Market Revenue Share, By Type, 2021 & 2028F
 25. International Tourism Market Share, 2021, (%) 
 26. Argentina Tourist Arrival, Aug 2020 – Jan 2021, (Number of Tourist)
 27. Argentina Gambling Market Opportunity Assessment, By Product Type, 2028F
 28. Argentina Gambling Market Opportunity Assessment, By Channel Type, 2028F
 29. Argentina Online Gambling Market Opportunity Assessment, By Type, 2028F
 30. Argentina Land Based Gambling Market Opportunity Assessment, By Type, 2028F
 31. Brazil Gambling Market Revenues, 2018-2028F ($ Million)
 32. Brazil Gambling Market Revenue Share, By Product Type, 2021 & 2028F
 33. Brazil Gambling Market Revenue Share, By Channel Type, 2021 & 2028F
 34. Brazil Online Gambling Market Revenue Share, By Type, 2021 & 2028F
 35. Brazil Land Based Gambling Market Revenue Share, By Type, 2021 & 2028F
 36. Brazil Tourism Revenue Jul 2020 – March 2021 (in Million USD)
 37. Brazil Gambling Market Opportunity Assessment, By Product Type, 2028F
 38. Brazil Gambling Market Opportunity Assessment, By Channel Type, 2028F
 39. Brazil Online Gambling Market Opportunity Assessment, By Type, 2028F
 40. Brazil Land Based Gambling Market Opportunity Assessment, By Type, 2028F
 41. Rest of Latin America Gambling Market Revenues, 2018-2028F ($ Million)
 42. Mexico Gambling Market Revenue Ranking, By Companies, 2021
 43. Argentina Gambling Market Revenue Ranking, By Companies, 2021
 44. Brazil Gambling Market Revenue Ranking, By Companies, 2021
List of Tables
 1. Mexico Gambling Market Revenues, By Product Type, 2018-2028F ($ Million)
 2. Mexico Gambling Market Revenues, By Channel Type, 2018-2028F ($ Million)
 3. Mexico Online Gambling Market Revenues, By Type, 2018-2028F ($ Million)
 4. Mexico Land Based Gambling Market Revenues, By Type, 2018-2028F ($ Million)
 5. Argentina Gambling Market Revenues, By Product Type, 2018-2028F ($ Million)
 6. Argentina Gambling Market Revenues, By Channel Type, 2018-2028F ($ Million)
 7. Argentina Online Gambling Market Revenues, By Type, 2018-2028F ($ Million)
 8. Mexico Land Based Gambling Market Revenues, By Type, 2018-2028F ($ Million)
 9. Brazil Gambling Market Revenues, By Product Type, 2018-2028F ($ Million)
 10. Brazil Gambling Market Revenues, By Channel Type, 2018-2028F ($ Million)
 11. Brazil Online Gambling Market Revenues, By Type, 2018-2028F ($ Million)
 12. Mexico Land Based Gambling Market Revenues, By Type, 2018-2028F ($ Million)
 
Pricing
  • Single User License
    $ 4,560
  • Department License
    $ 5,055
  • Site License
    $ 5,595
  • Global License
    $ 6,000

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All