International edition
June 21, 2021

According to Research and Markets' latest study

Latin American gaming “worth us$ 150 billion a year”

(Ireland).- If both legal and illegal activities in Latin America were combined, the region would generate more than us$ 150 billion a year, according to Research and Markets' latest study. Latin Americans spend approximately us$ 10 billion a year on gaming and it is estimated that each inhabitant spends around us$ 250 each a year.

C

osta Rica, Brazil, Mexico, Argentina, Chile, Colombia, Peru and Venezuela are considered to be the most prolific gambling countries in the region, where slot machines, casinos, horse racing, lotteries and bingo entertain millions of people each day.

The report also states that the existing telecoms infrastructure and internet and mobile penetration levels provide interesting opportunities for mobile, internet and interactive TV gambling applications.

Internet penetration in Latin America by 2009 was at 32.1 per cent, reaching over 182.7 million people – this represented a 30 per cent increase on the previous year.

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