Latin America Online Outlook 2022

Keep updated on key regulatory issues

Outlook  |  March 15, 2023  | GC Editorial, Research & Data 


This report is part of Vixio GamblingCompliance’s Outlook series, which provides subscribers with forward-looking insights, data analysis and consolidated research on key segments of the global gambling industry. This edition is designed to provide high-level intelligence on Latin America's online gambling market as various countries introduce their own regulatory and licensing systems.


22.2m Brazilian reals - suggested upfront fee for a sports-betting licence

This outlook report includes:

  • A deep dive on Brazil's anticipated implementation of sports-betting regulations.
  • Policy perspectives on Chile, Peru and Argentina.
  • An updated summary on the state of online gambling regulation across the region.


US$4.4bn - Estimated size of Latin America’s regulated online gambling market in 2026

Overall, Vixio forecasts Latin America’s regulated online gambling market to grow to an estimated US$4.4bn in gross revenue in 2026, up more than fourfold from an estimated US$830m in 2021.

Just three markets are expected to drive around two-thirds of this total, with Brazilian online sports-betting GGR projected to surpass US$1bn in the market’s second full year of operation, and revenue in the maturing Mexican and Colombian online markets forecasted to reach US$1.2bn and US$770m, respectively, by 2026.

Opt in to hear about webinars, events, industry and product news

Still can’t find what you’re looking for? Get in touch to speak to a member of our team, and we’ll do our best to answer.