WASHINGTON D.C., October 25 – Latin America’s regulated online gambling market is set to quadruple in size and reach $6.75bn in annual revenue by 2027, according to a new report released today by Vixio Regulatory Intelligence, the leading provider of regulatory and business intelligence to the global gambling and payments industries.Īlthough established markets in the region have plenty of headroom, the main driver of growth will be a series of new laws and regulations that are set to be adopted in the coming months in several key jurisdictions, according to Vixio’s Latin America Online Outlook report.īrazil, Peru and Chile are all forecasted to launch licensing regimes for online gambling as soon as 2024, following in the footsteps of Colombia, Mexico, Panama and certain provinces of Argentina.
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