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Just to remind you, according to H2 ⚽️ Gambling Capital, by 2024 the Brazil gaming market is predicted to increase to approximately 23 billion Brazilian pesos in ⚽️ gross gaming revenues , making Brazil the largest gambling market in Latin America. On top of that, it is ⚽️ projected to be worth nearly 500m per yer by2025, putting it in the same league as Australia and ⚽️ Western Europe. However, brazi'swigroup involvement in L A .L : might drive a 5% revenue increase betweeb 2024- 2028, with ⚽️ visitor numbers forecasted to contract during this period. Furthermore, Sports bettors account for nearly three- quarters of online gamblers in ⚽️ Brazil, with Sports results influencing more tha 85 % of virtual bets and their odds (G)bets too. Online casinos and ⚽️ online bingo are forecasted to experience spectacular development rates between 2024 - 2025, achieving a Compound Annual Growth Rate ⚽️ of approximately 54%. Despite this, online Sports bets will continue to control the country'sc online gaming ⚽️ market ,responsible for 80 - 90% of the income un 203 - 2025. Therefore, we don't recommend using illegal ⚽️ bookmakers in general. A single, government-owned betting company has a monopoly over the gambling industry in Brazil making them ⚽️ in charge of online lotteries and retail , but things. have changed with the enaction pf decree number 9.841. Sports ⚽️ betting was formally legalized . Finally, there is no prosecution for online sports gambling in Brazil. Now, 30% of ⚽️ bet 365 marketing aim is entirely unique while running some generous bonus schemes such as losing streak compensation up to ⚽️ 50%, a welcome incentive of up to 15%, refunds for sure money, a reward scheme named 365 Play, etc.
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