There have been too many letters from readers in the past six months, requesting that we could report more on the Brazilian gaming industry. The editorial team of Wetron Gaming has written two articles, respectively discussing the current situation of the Brazilian gaming industry and the legalization of the sports gaming industry, both of which have received wide responses and feedback. Therefore, the third report of the Brazilian gaming series is launched again. From different perspectives and in-depth analysis of readers, what are the reasons for saying that Brazil’s online gaming industry has unlimited potential?
• Brazil has a large young population
As the largest country in South America, Brazil has a total population of more than 215 million people, making it the sixth-largest country in the world. Not only that, the median age of the Brazilian population is about 32 years old, which also means that the age composition of the country’s population is dominated by young people. Additionally, this group of people is usually the main customer group of online casinos, with certain financial capabilities and interests. It is an indispensable energy to promote the development of the online gaming industry!
• Rapidly developing economy and network
With a large population and productivity, this also means that Brazil’s economic momentum is very strong. Not only is it the largest economy in South America, but its gradual and stable growth has allowed the country’s GDP to exceed US$2 trillion, which is enough to support the consumption capacity required for the development of online gaming. Not only that, with the rapid development of the internet and the popularity of mobile devices, Brazilian users spend an average of 5.4 hours a day on smartphones, ranking first with Indonesia in the ranking of average mobile phone usage time. This proves the dependence of Brazilians on smartphones.
• Brazilians’ natural love for sports and recreational activities
As we all know, Brazil is a world-renowned football country. Needless to say, there is no need to say more about the love of football. Of course, players who like football betting are also first-class. It is precisely because Brazil has such a rich cultural background that focuses on sports and entertainment, it is the best innate environment for the development of online gaming and sports betting. This once again proves that Brazil has the confidence to develop the online gaming industry!
If you want to know more about the current situation of Brazil’s online gaming industry and white label services, please contact Wetron Gaming, or click here to experience Borajogar!