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On Thursday, the Secretariat of Prizes and Bets (SPA) released information from the primary year of authorized betting in Brazil, which launched its regulated online market on 1 January 2025. The licensed Brazil betting sector generated BRL37 billion ($7 billion) in GGR over its first year, according to new data from the regulator. Brazil’s betting regulator has printed its first full-year data following the market’s landmark launch initially of 2025.