Brazilians See Online Gambling as a Threat to Household Budgets

The Brazilian Federation of Banks (FEBRABAN) released the results of a major public opinion survey on how online gambling impacts family finances.

How Brazilians Perceive the Impact of iGaming

The survey, conducted between June 12 and 26, 2025, included 3,000 adults from across the country:

• 81% of respondents view iGaming as harmful to household budgets;
• 50% described the impact as “very negative”;
• 31% labeled it “negative”;
• Only 6% see online gambling in a positive light (4% “positive”, 2% “very positive”);
• 10% considered the impact to be neutral.

Personal Experience and Consequences

More than one-third of respondents have either been personally affected by iGaming or know someone who has:

The youth appear particularly vulnerable: 34% of Brazilians aged 18 to 24 reported significant financial losses due to online gambling.

Lack of Financial Literacy

The study also highlighted a widespread lack of preparedness when it comes to managing personal finances:

• 40% admitted having low financial literacy;
• 39% have fallen victim to financial scams.

How This Connects to iGaming

FEBRABAN experts link the rise in online gambling to a lack of basic financial knowledge. Respondents who reported lower financial literacy were more likely to experience gambling-related issues.

Conclusions and Public Response

The findings have raised concerns among banks and financial analysts. FEBRABAN stresses the urgent need to improve financial education and raise awareness about the risks associated with iGaming.

Recommended Actions

• Educational campaigns targeting young people;
• Stronger regulation of online gambling platforms;
• Support services for individuals affected by gambling addiction.

Financial resilience and digital safety are emerging as critical issues as iGaming continues to grow in popularity across Brazil.