Ads for online sports betting sites and apps, called bets, are everywhere. This proliferation is one of the hallmarks of this market in Brazil. A Datafolha survey in December showed that 15% of Brazilians have already made or are making bets of this type — the number is higher among those aged 16 to 24: 30%.
Those who play spend, on average, R$260 per month, and the poorest have a share of the income consumed by the activity. The expansion of the market raises the alarm of educators, who draw attention to the popularity of betting among young people (despite the ban on them for minors), and doctors, due to the potential for addiction.
Online sports betting has grown up in a limbo of rules and oversight. At the end of 2023, President Lula (PT) sanctioned a law on the subject, which, among other things, defines tax rates; the government targets the revenue potential of the activity. The regulation should be finalized this semester, and the expectation is that it can also curb factors such as manipulation of results.
This Monday’s Breakfast (22) deals with the size of the sports betting market in Brazil, discusses points that need to be regulated and analyzes the economic and social impacts of games. The podcast interviews João Gabriel and Paulo Saldaña, reporters from Sheet who subscribe to the Bets no Brasil series of reports.
The audio program is published on Spotify, a streaming service partner of Sheet in the initiative and which specializes in music, podcast and video. You can listen to the episode by clicking above. To access the app, simply register for free.
Café da Manhã is published from Monday to Friday, always at the beginning of the day. The episode is presented by journalists Magê Flores and Gustavo Simon, produced by Laila Mouallem and Victor Lacombe. Sound editing is by Thomé Granemann.