Brazil iGaming demand fell 78pct w-o-w post-ban, but offshore brands took some remaining share: Blask analysis

Demand for online gaming in Brazil fell by 78.2 percent week-on-week in the seven days up to Sunday (October 4), according to the latest data from artificial intelligence (AI)-driven market analytics platform Blask. That is according to a briefing the analytics provider shared with GGRAsia. The decline measured by the Blask Index was the second week-on-week fall since President Luiz Inácio Lula da Silva signed a provisional measure on September 25, prohibiting fixed-odds sports betting and online games nationwide. Under the measure, customers had until Monday (October 5) to withdraw funds from betting accounts, with betting websites and applications due to cease operations from Tuesday (October 6). In the week of September 21 to September 27, the Blask Index for Brazil had fallen 20.1 percent week-on-week. Per the latest update from Blask, offshore brands took a growing share of what Brazilian online gaming market remains. Their share of the Blask Index for Brazil rose from 3.7 percent in the week of September 14 to September 20; to 5.9 percent in the next week and 18.1 percent in the week of September 28. On October 4, the share held by offshore brands reached 23.4 percent. For the purposes of Blask’s research, the terms “onshore” and “offshore” describe a brand’s licensing status in Brazil. They do not indicate whether a provider is deemed either “legal” or “illegal” by others. Offshore share is the offshore brands’ part of the combined Blask Index of all tracked brands in Brazil. Philippines-listed online gaming operator DigiPlus Interactive Corp, which relaunched its BingoPlus platform in Brazil in July this year, said on September 28 that it was taking steps to comply with the Brazilian government’s directive, including processing customer withdrawals within the prescribed period. The company said the regulatory developments were not expected to have a material impact on its overall financial or operating position. DigiPlus added that it was monitoring the ongoing legislative and legal processes, noting that the situation “remained fluid”. On Sunday, the first round of Brazil’s 2026 presidential election saw the main right-wing challenger Flávio Bolsonaro gain 47.03 percent of the vote. Mr Lula da Silva, the main left-wing contender, got 45.16 percent. A second round of voting will be held on October 25.