Brazil
33,651,056.11 in 2013 to US$ 36,962,624.39 in 2014.
Another football themed game is LotoGol which allows the player to bet on the number of goals a football team will score in five matches. Sales increased by 24.2 per cent from US$ 4,960,657.14 in 2013 to US$ 6,161,922.38 in 2014.
Its most high profile sports betting lottery game is Timemania which is based around the theme of local football clubs. Money raised from the game are used to help football clubs pay tax debts and CAIXA transfers resources directly to each one of the creditors every month for this purpose. Sales increased by 68.7 per cent from US$ 94,891,866.94 in 2013 to US$ 160,133,660.88 in 2014.
LotoFacil allows the player to choose 15 to 18 numbers, from 25. Winners receive a payout if they choose 11, 12, 13, 14 or 15 of the correct numbers. It is held three times a week. Sales increased by 10.9 per cent increasing from US$ 1,125,274,177.42 in 2013 to US$ 1,247,747,808.26 in 2014.
Lotomania allows the player to choose 50 numbers. Drawings are held on Wednesdays and Saturdays. Sales decreased by 8.2 per cent from US$ 230,371,221.32 in 2013 to US$ 211,447,369.09 in 2014.
5 0
Quina, meanwhile, allows the player to choose 5, 6 or 7 numbers from 80 with payouts on 3, 4 or 5 numbers. The game is held six times a week. Sales increased by 6 per cent from US$ 730,740,963.65 in 2013 to US$ 774,586,696.19 in 2014.
Instantanea are instant tickets and these too are becoming increasingly popular. Sales for instants increased by 26.5 per cent increasing from US$ 56,935,494.84 in 2013 to US$ 72,107,753.34 in 2014.
SPORTS BETTING Brazil offers a huge and as yet untapped market
when it comes to sports betting. One of the reasons behind the huge popularity of online sports betting in Brazil is that there is no bricks and mortar solution in place to meet demand because of the 1947 act. As a result sports enthusiasts have no choice but to turn to offshore betting sites.
Sports betting remains banned under Brazil’s gaming laws and the only legalised form of sports betting (apart from a small number of Codere horse race betting shops) is via lottery type games offered by CAIXA. This is nowhere near enough to meet demand and Brazilians have been tuning to offshore gambling sites in increasing numbers. Although online gambling is currently banned in Brazil it is estimated that Brazilians gamble
Local daily Folha de Sao Paulo reported that the Ministry of Sports had commissioned a
study into the issue which found that in 2011 Brazilian sports betting turnover made via
offshore sports betting sites amounted to a massive
US$300m on Brazilian sports. US$600m a year via offshore sports betting sites.
The issue became increasingly pressing ahead of last year’s World Cup where it was believed that the government could have given the green light for some expansion of sport betting online but no action was taken on the issue although it did raise the profile of sports betting in the media. The government is also showing increasing awareness and the issue has in recent years been considered by a number of government bodies including the Ministry of Sport, the Ministry of Finance and the Brazilian Lottery (CAIXA).
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