Brazil: legal gambling & betting market size 2016
The statistic shows the market size of the legal gambling and betting industry in Brazil as of March 2016, in billion Brazilian reals. According to the source, the market size of the legal gambling and betting industry in Brazil amounted to approximately 14.2 billion Brazilian reals as of March 2016 (over 3.58 billion U.S. dollars at December 31, 2015 exchange rates). In 2016, the National Lottery "Caixa" accounted for around 13.5 billion Brazilian reals of the Brazilian legal gambling and betting market value.