People say Latam is a Booming Market for Igaming. Here are the 3 countries with the greatest growth potential for your company: At Pacifica Continental, we are experts in the iGaming sector and have worked with dozens of international clients from Europe, and the Americas region. Based on our experience, we have identified some countries that stand out for companies wanting to expand their presence in Latin America. By entering the Latin American market, you can access huge markets at much lower costs. In addition to having a large consumer market, studies show that 35% of people have already gambled in online casinos, indicating that the population of these countries has a high interest in this type of service. 👉 Brazil: Brazil is the country with the largest iGaming market in Latin America. Studies estimate that the market grows by 16% per year and could reach €3.33bn by 2028, according to Statista. With over 200 million inhabitants, it represents a promising market for iGaming, especially following advances in regulations, which make the business environment more favorable for online gaming operators. Many of the country's biggest football teams already have some kind of partnership with betting companies, making this type of market being widely recognized by the population. In addition, many major influencers already widely promote partnerships with companies in this sector, which reinforces the market's participation in Brazilian society. 👉 Peru: Peru is quickly establishing itself as an important player in the Latin American iGaming market. With a population of over 32 million, the Peruvian market shows a steady increase in online gaming activity. The country has implemented progressive gaming laws that provide a stable and transparent regulatory environment, which attracts both local and international operators. Furthermore, Peru's strategic location and economic stability make it an appealing destination for iGaming investments. The growing popularity of sports betting, coupled with an enthusiastic sports culture, particularly in football, adds to the market's attractiveness. 👉 Argentina: Argentina, with a population of about 45 million people, is emerging as one of the leading iGaming markets in Latin America. Data indicates a growth of 8.81% per year, potentially reaching €1.78bn by 2028. If you want to learn more about how to expand an iGaming operation in Latin America, our experts have developed material with a salary guide, organizational structure, and key positions for the iGaming market in LATAM, a true expansion guide based on our experience with more than 20 international clients. To download it, just visit our website: https://lnkd.in/eVEBEYxh
Very useful info!
Sergio Basurto
1mo
Great info!
If you want to learn more about how to expand an iGaming operation in Latin America, our experts have developed material with a salary guide, organizational structure, and key positions for the iGaming market in LATAM, a true expansion guide based on our experience with more than 20 international clients. To download it, just visit our website: https://pacificacontinental.com/ebook-igaming/