Blask: Top 20 Brands Generate 80% of Brazil’s GGR

The analytics platform Blask, together with the marketing agency brmkt, published the
Brazil’s Betting Brands Report, analyzing the top 20 iGaming brands in Brazil’s regulated market
from January to November 2025.

The analysis is based on the CEB and Blask Index metrics. The iGN editorial team highlights the following key data:

Market Overview (SPA Regulator Data)

• $6.27 billion — projected GGR for 2025 ($3.28 billion in H1 2025)
• 17.7 million players in H1 2025 (71.1% male)
• 182 active brands

Top 20 Brands (Projected GGR / BAP)

• Betano — $1.43 billion (21.54%)
• Bet365 — $741 million (11.06%)
• Sportingbet — $540 million (8.01%)
• Esportes da Sorte — $425 million (6.27%)
• Superbet — $361 million (5.31%)
• Betnacional — $359 million (5.29%)
• 7Games — $285 million (4.17%)
• EstrelaBet — $175 million (2.5%)
• Vaidebet — $164 million (2.35%)
• Onabet — $143 million (2.04%)
• Blaze — $115 million (1.62%)
• H2Bet — $97 million (1.35%)
• Pix Bet — $85 million (1.19%)
• Bet7k — $83 million (1.17%)
• CassinoPix — $81 million (1.15%)
• Betao — $74 million (1.04%)
• Novibet — $72 million (1.02%)
• BullsBet — $67 million (0.96%)
• Betfair — $58 million (0.84%)
• KTO — $54 million (0.79%)

According to the report, around 65% of revenue in the Brazilian market comes from the
online casino vertical.