Brazil Betting Market Growth in Q1
The Brazil betting market completed its first full quarter under regulation. The Ministry of Finance’s Secretariat of Prizes and Betting (SPA-MF) reported 17.7 million active players in Q1 2025.
Men made up 71% of bettors, while 29% were women. The largest age group came from 31–40 years, with 27.8% of the share. Young adults aged 18–25 followed with 22.4%.
These figures came from the General Betting Management System (Sigap), which tracks daily betting activity. For related insights, see our iGaming news updates.
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The bonus offer is available to new Mostbet clients who have signed up since December 19, 2022. The bonus is not available when depositing via Mostbet Cash.
To enter the Promotion, the Player must select the desired bonus (Sports or Casino) at the time of registration, then make a single deposit in the amount exceeding EUR 5 / USD 5 / BDT 400 / RUB 500 / UZS 15,000 / AZN 3 / TRY 20 / KZT 600 / UAH 150 / PKR 200 / INR 300 / CZK 100 / BYN 20 / PLN 25 / AUD 15 / MXN 200 / HUF 4,000 / CAD 15 / CLP 1,000 / TJS 20 / AMD 1,000 / BRL 25 / NOK 100 / PEN 6 / TZS 3,000 / THB 100 / VND 100,000 / NPR 500 / LKR 500 / MAD 20 / EGP 15 / KGS 80 within 7 days of registration.
The standard bonus amount is 100% of the deposit amount. For example, Participant N made a deposit of USD 100 the day after registration. The bonus amount will be 100%, i.e. USD 100. .
To receive an increased bonus, the Participant must make a single deposit in the amount exceeding EUR 5 / USD 5 / BDT 400 / RUB 500 / UZS 15,000 / AZN 3 / TRY 20 / KZT 600 / UAH 150 / PKR 200 / INR 300 / CZK 100 / BYN 20 / PLN 25 / AUD 15 / MXN 200 / HUF 4,000 / CAD 15 / CLP 1,000 / TJS 20 / AMD 1,000 / BRL 25 / NOK 100 / PEN 6 / TZS 3,000 / THB 100 / VND 100,000 / NPR 500 / LKR 500 / MAD 20 / EGP 15 / KGS 80 within 30 minutes of registration.
The increased bonus amount is 125% of the deposit amount. For example, Participant N made a deposit of USD 100 within 30 minutes after registration. The bonus amount will be 125%, i.e. USD 125.
The maximum bonus is EUR 400/USD 300/25 000 RUB/3 000 000 UZS/800 AZN/10000 TRY/140 000 KZT/9000 UAH/25 000 BDT/50 000 PKR/34 000 INR/8000 CZK/800 BYN/1400 PLN/1000 AUD/8000 MXN/160000 HUF/1000 CAD/260000 CLP/4500 TJS/150000 AMD/2000 BRL/3000 NOK/1400 PEN/750000 TZS/10000 THB/7500000 VND/35000 NPR/120000 LKR/3500 MAD/5000 EGP/20000 KGS/700 TND/1500 AED/800 SAR/150 KWD/3000 SEK/COP 950 000/XOF 60 000/ARS 300 000 or the equivalent in another currency.
In order to receive an additional 250 free spins in the casino to the selected Casino bonus, the first deposit must be made in the amount of EUR 20 / USD 20 / BDT 700 / RUB 1,000 / UZS 125,000 / AZN 30 / TRY 100 / KZT 5,000 / UAH 400 / PKR 2,000 / INR 1,000 / CZK 400 / BYN 30 / PLN 50 / AUD 30 / MXN 200 / HUF 5,000 / CAD 45 / CLP 10,000 / TJS 150 / AMD 7,000 / BRL 50 / NOK 300 / PEN 50 / TZS 40,000 / THB 500 / VND 400,000 / NPR 600 / LKR 3,500 / MAD 100 / EGP 200 / KGS 800 within 7 days of registration.
250 free spins are credited in equal parts within 5 days. Free spins are accumulated once a day, after which they are available for bets within 24 hours.
250 free spins are issued in equal instalments within 5 days. Depositing occurs once a day, after which free spins are available for bets within 24 hours. The wagering game is displayed in the “Your status” section.
Only the first deposit qualifies for the bonus. Bonus funds and free spins will be credited to the bonus balance within 72 hours from the moment of the Promotional deposit.
Bonus Sports: in order to successfully convert bonus funds into real funds and withdraw them from the gaming account, it is necessary to fulfil the following conditions within 30 days of making the first deposit: 5 times the bonus received from the bonus account must be wagered with accumulator bets with at least 3 events and odds of each event of at least 1.4. The maximum number of events in the accumulator is unlimited. If a Participant does not manage to fulfil the conditions of the Promotion within the specified time period, the bonus balance will be cancelled.
Bonus Casino: to successfully convert bonus funds into real ones and withdraw them from a gaming account, it is necessary to wager the amount of the received bonus 60 times in the Casino, TV games and Virtual Sports, within 72 hours after making the first deposit. Not all games take the stake fully into account when wagering the bonus. For example, in the TV games and Virtual Sports sections, 10% of the bet is considered. The list of available games may vary on the website and in the mobile version, and can also be changed at any time.
Winnings from free spins are credited to the main casino bonus account. To successfully convert bonus funds into real ones, Participants must wager the bonus in the Casino, TV games or Virtual Sports sections within 24 hours of creating a bonus account pursuant to the requirements listed under Your Status. The maximum total winnings from free spins are credited in equal amounts within 5 days and total EUR 50 / USD 50 / BDT 10,000 / RUB 10, 000 / UZS 1,250,000 / AZN 250 / TRY 750 / KZT 50,000 / UAH 3,500 / PKR 25,000 / INR 10,000 / CZK 3,500 / BYN 500 / PLN 500 / AUD 375 / MXN 2,500 / HUF 125,000 / CAD 225 / CLP 100,000 / TJS 500 / AMD 50,000 / BRL 500 / NOK 1,250 / PEN 400 / TZS 300,000 / THB 5,000 / VND 2,500,000 / NPR 6,000 / LKR 50,000 / MAD 2,000 / EGP 1,250 / KGS 8,000.
If a Participant has funds on both the real and bonus balance, then all bets are placed first of all from the funds on the real balance. Real funds are used for bets until the real balance reaches 0. Funds from the bonus balance will be used for bets only if the real balance reaches 0. The list of games available for playing with the bonus balance are located in the Promotions and Bonuses section of Terms & Conditions.
No withdrawals can be made before all the conditions of the Promotional offer are met. Bets that do not meet the conditions listed in Paragraphs 5.2 and 5.3 of these rules are not taken into account when wagering bonus funds. The wagered bonus is transferred to the main account in the amount of the remaining bonus funds, but not more than the bonus amount. If, after wagering, the balance on the bonus account is less than the minimum bet, the bonus is considered lost.
Bets settled more than 30 days (Sports) and 72 hours (Casino) after the activation of the bonus offer are not taken into account. All bets must be settled at the time the bonus expires.
As long as there is at least one open bonus account, the Participant can withdraw an amount of 0 or higher to the total amount of wagered deposits, if at least twice the bonus face value remains on the gaming balance. A withdrawal is considered successful when the request is approved and marked as ‘completed’. Withdrawal of funds in violation of the Terms of this Paragraph of the rules shall be regarded as the Participant’s refusal of the bonus, in which case the bonus balance will be cancelled. This rule is applied from the moment the bonus account is created until the bonus amount appears on the gaming account.
The bonus offer can be used only once. By choosing one of the bonuses (Sports or Casino), the Participant automatically refuses the second. This choice cannot be changed in the future.
By activating the bonus during registration, the Participant automatically agrees with the Terms and Conditions of this Promotion.
The Participant can refuse to participate in the bonus promotion only at the stage of making the first deposit when the bonus offer is activated or if the conditions for wagering are not met.
The opportunity to refuse bonus funds is available only at the registration stage, upon activation of the bonus offer or in case of non-compliance with the wagering conditions.
The bonus is available only for one gaming account per person, family, apartment, computer or IP address. If the Participant is suspected of violating the rules through multiple registrations (fake accounts, game groups), Mostbet has the right to cancel the bonus. If the Participant creates a second account, it will be deleted, and all gaming bonuses and winnings may be cancelled.
The Company reserves the right to cancel the bonus and/or refuse to provide it to the Participant without stating reasons if, during the verification of the gaming account, the Company finds any violations of game honesty and / or the use of strategies that, at its discretion, are considered malicious. Withdrawal of bonus funds is possible at any time without prior notice to the Participant, but not after withdrawal and / or wagering of this bonus accumulation. In controversial situations, the decision of the authorised officers of the Company is deemed final.
The Company reserves the right to carry out the verification procedure for the owner of the gaming account, as well as to stop bonus funds being received on the gaming account for the duration of the verification procedure.
In the event that Company officials suspect a Participant of fraud or money laundering, Mostbet reserves the right to apply individual bonus wagering conditions to this category of Participants.
The current Terms and Conditions can be amended and supplemented at any time.
Join Now Advertising Rules and Revenue Growth
The betting ad sector is also under control. SPA joined tech giants like Google, Meta, TikTok, and Amazon to remove illegal content. Together, they took down 112 influencer pages and 146 unlawful ads.
Revenue numbers highlight the size of the market. In Q1, operators earned R$17.4bn in GGR. Each bettor spent about R$983 in six months, or R$164 per month.
The government secured R$3.8bn in taxes along with R$2.25bn in fees and inspection charges. These numbers show how betting has turned into a major revenue source for Brazil.
Latest News
Stay updated with the latest news on casino and sports betting industry by visiting Latest News.
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