Brazilian households sent R$ 62.5 billion to betting platforms in 2025, study says
A study by Comsefaz and Cicef puts the net outflow from Brazilian families to betting platforms at R$ 62.5 billion in 2025, or about 0.68% of household disposable income. For PSPs, the useful bit is not the moral drama but the payment flow: Pix has become the main rail feeding regulated betting volumes in Brazil.
- The study was prepared by the Comitê Nacional de Secretários de Fazenda dos Estados e do Distrito Federal (Comsefaz) together with the Centro Internacional Celso Furtado de Políticas para o Desenvolvimento (Cicef), using data from the Banco Central, the Estatísticas de Pagamentos por Atividade Econômica (Epae), and its own analysis.
- The report defines net outflow as the difference between everything players deposit on betting platforms and the money that comes back as prizes. In plain terms: how much leaves household wallets and stays in the betting sector.
- Between October 2024 and March 2026, the average monthly outflow was estimated at R$ 4.7 billion. For 2025 alone, families’ net outflow to bets reached R$ 62.5 billion.
- The researchers say that amount amounts to a transfer of income from families to the betting sector, with potential consequences for households’ ability to meet financial commitments. They also argue that betting spending leaves fewer resources for other purchases and can add pressure in a context of high debt and income already tied up elsewhere.
- The study says bets have a low multiplier effect on the economy: compared with spending on goods and services, money sent to betting platforms generates less circulation of income, fewer jobs, and less economic activity.
The report also says Pix has become the main tool Brazilians use to fund betting accounts, with transfer volumes to companies linked to the sector surging after betting was regulated. Before regulation, in January 2025, monthly transfers from individuals to companies in arts, culture, sport and recreation were around R$ 5 billion.
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