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  1. #1
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    Default Report: LatAm will be the next big mobile gambling market

    iGaming software provider Digitain released a report on its website titled, "Mobile gambling in Latin America. How has the industry changed in 3 years?" which predicted that the LatAm mobile gaming and gambling market will be worth over $2 billion this year.

    Some excerpts from the report:

    When online gambling software developers consider the next markets, Latin America is rarely their first choice. That’s no surprise since the top countries by game revenue are China, the U.S., and Japan. Truth is, Latin America finished 2018 with 19% growth year-over-year on mobile platforms. And the predictions say that by 2021 there will be over 235 million smartphone users. Latin America is going through a rapid advancement and quickly catching up to global market leaders.
    Latin America is comprised of 26 countries. Collectively, it is twice as big as Europe, and has almost the same number of people. And if all countries are consolidated, like the European Union, it would be the fourth largest. Yet it is still off the radar for most online gambling software developers.
    The growth is expected to continue, even though only something over 150 million of approximately 630 million people have smartphones. The majority of whom reside in Brazil, Mexico, Colombia, Argentina, Chile and Peru.
    Read more here: https://digitain.com/mobile-gambling...ed-in-3-years/

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  3. #2
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    Make sense, they have the population amount, so it's just a matter of time until LATAM will be in the place where they belong in the market

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    I think one of the problems in LATAM is the majority of people bet and watch sports - football mostly. They do not have that casino culture I.e. like playing all the roulette, slots games , dices and craps.

    In Mexico we are there massively huge numbers of online-based casino , people love to play slots.
    Latam is a an interesting destiation as it is big and ever growing and educating markets, in terms of all the aspects of betting.
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  5. #4
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    Honestly, thinking that only 150M people in LATAM have smartphones is enough for me. Clearly it is a nonsense and whatever else they say is like random words.

    I just googled it, to be sure: "eMarketer estimates that 120 million Brazilians access the internet via smartphones" https://www.pagbrasil.com/noticias/s...age-in-brazil/ (Brazil has less than 1/3 of Latam population)

    People in latin america actually I believe have more smartphones than in many countries of Europe for example.
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    I wonder how much the average LatAm gambler wagers per month, given the economic state of Latin America in general.

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    They can gamble a lot. Much more than they should. But they gamble on weird things. In brazil I read 1% of GDP goes for illegal/grey lottery called Jogo Do Bicho. Then you have official lottery.

    In Chile and I assume in Argentina big thing is for example rodeo in rural areas: again, something unofficial. Races are popular in horse areas.

    There is definitely some space to destroy more lives with gambling in Latin America. People will not be able to spend that much as in Uk for example, but there are wealthy people too. The high middle class and up earns actually comaparably to the 1st world. There are wealthy property owners. Potential whales.
    We are all bloodsucking ticks, hungry, devious
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    Sportsbooks would probably work better. I've know of 3 casino affiliates (all are seasoned webmasters, with years of marketing exp), and not one single person managed to crack Latam markets promoting casinos. They all used professional translators. No matter what they tried, they couldn't nail it. The signups they did acquire, were of very low value.
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  11. #8
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    With 33 countries, a population of 600+ million and a booming tourism industry, it comes as no surprise that gambling operators, land-based and online alike, want to get a piece of this potential huge gambling cake. We want a little piace

    Hi. Why i didn't find this info earlier. We just start promoting our site for Latin America, and now I have doubds.

    Hi. Guys, who has a fresh info about LA market. Any moves to goodway?

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    I think one of the problems in LATAM is the majority of people bet and watch sports - football mostly. They do not have that casino culture I.e. like playing all the roulette, slots games , dices and craps.
    In Mexico we are there massively huge numbers of online-based casino , people love to play slots.
    Latam is a an interesting destiation as it is big and ever growing and educating markets, in terms of all the aspects of betting.

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