Brazil: legal & illegal gambling market size as of 2016
The statistic shows the market value of the illegal and illegal gambling and betting industry in Brazil as of March 2016, in billion Brazilian reals. According to the source, the market value of the legal and illegal gambling industry in Brazil amounted to approximately 34.1 billion Brazilian reals as of March 2016 (over 8.6 billion U.S. dollars at December 31, 2015 exchange rates). At that point in time, the illegal gambling market accounted for around 19.9 billion Brazilian reals of the total Brazilian gambling and betting industry.