Illegal gambling & betting market value Brazil 2017

The statistic shows the market value of the illegal gambling and betting industry in Brazil as of March 2016, in billion Brazilian reals. According to the source, the market value of the illegal gambling and betting industry in Brazil amounted to approximately 19.9 billion Brazilian reals as of March 2016 (over 5 billion U.S. dollars at December 31, 2015 exchange rates). In 2016, illegal gambling with "Jogo do Bicho" ("the animal game", in English) accounted for around 12 billion Brazilian reals of the total Brazilian illegal gambling and betting market value.

Market value of the illegal gambling and betting industry in Brazil as of March 2016 (in billion Brazilian reals)

Characteristic	Market value in billion Brazilian reals
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Release date

March 2016

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Region

Brazil

Survey time period

2016

Supplementary notes

* Jogo do Bicho (in English, "the animal game") is a popular albeit illegal gambling game in Brazil which consists of betting any amount of money on a particular animal. More information about this game can be found here.
The source does not provide an exact date of survey.

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