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)
* 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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Senado Federal do Brasil, & Instituto Jogo Legal, & BNL. (March 15, 2016). Market value of the illegal gambling and betting industry in Brazil as of March 2016 (in billion Brazilian reals) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/741980/illegal-gambling-betting-market-value-brazil/
Senado Federal do Brasil, und Instituto Jogo Legal, und BNL. "Market value of the illegal gambling and betting industry in Brazil as of March 2016 (in billion Brazilian reals)." Chart. March 15, 2016. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/741980/illegal-gambling-betting-market-value-brazil/
Senado Federal do Brasil, Instituto Jogo Legal, BNL. (2016). Market value of the illegal gambling and betting industry in Brazil as of March 2016 (in billion Brazilian reals). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/741980/illegal-gambling-betting-market-value-brazil/
Senado Federal do Brasil, and Instituto Jogo Legal, and BNL. "Market Value of The Illegal Gambling and Betting Industry in Brazil as of March 2016 (in Billion Brazilian Reals)." Statista, Statista Inc., 15 Mar 2016, https://www.statista.com/statistics/741980/illegal-gambling-betting-market-value-brazil/
Senado Federal do Brasil & Instituto Jogo Legal & BNL, Market value of the illegal gambling and betting industry in Brazil as of March 2016 (in billion Brazilian reals) Statista, https://www.statista.com/statistics/741980/illegal-gambling-betting-market-value-brazil/ (last visited December 21, 2024)
Market value of the illegal gambling and betting industry in Brazil as of March 2016 (in billion Brazilian reals) [Graph], Senado Federal do Brasil, & Instituto Jogo Legal, & BNL, March 15, 2016. [Online]. Available: https://www.statista.com/statistics/741980/illegal-gambling-betting-market-value-brazil/
