Bragg Gaming Group Inc. has forayed into the Brazilian online casino market following the introduction of the market’s online casino operations regulations on Jan. 1, 2025.
Per the H2 Gambling Capital, the online casino market in Brazil is expected to reach $1.4 billion by 2025 and $3.7 billion by 2029. This projected growth trend is expected to benefit the company in the upcoming years, with revenues from the market representing up to 10% of its 2025 total revenues.
Furthermore, BRAG believes that as a specialist iGaming market supplier with diversified content offerings, it is well-positioned to reach more than half of licensed operators in Brazil by the end of second-quarter 2025.