Casino City's iGaming Pocket Directory - 2015 Edition

102 Sponsored by Casino City’s iGaming Pocket Directory BRAZIL/LATAM Much like Asia, Latin America is a giant and largely untapped online gaming market. A Research and Market report estimates the Latin American gaming market is worth about $33 billion a year. There are about 255 million Internet users in Latin America, according to a Council of the Americas report. That represents about 43 percent of the Latin American population. Argentina leads the way in Internet adoption, with 68 percent of its residents having access. Chile, Uruguay and Colombia also have penetration rates of more than 50 percent, according to the report. In terms of broadband penetration, Uruguay leads Latin America in household penetration, with 39.4 percents of its households holding broadbrand subscriptions, according to the report. Chile and Argentina follow close behind. As the countries in Latin America build their infrastructure, the value of the Latin American market will rise exponentially, making it a critical place to set up shop. BRAZIL Brazil is easily Latin America’s most populous country, with a little more than 191 million people, according to a 2009 population estimate. Brazil also has the highest penetration rate for mobile broadband in Latin America with about 21 subscriptions per 100 people, according to a Council of the Americas report. Poker, both land- based and online, is incredibly popular in Brazil. In 2014, Brazil’s Bruno Politano became the first Brazilian to reach the World Series of Poker Main Event final table. He won $947,172 for finishing in eighth place. Brazilians also enjoy playing bingo, slot machines and betting on horse racing. Put all of these factors together and you get an online gaming market that’s worth pursuing. BRAZIL/LATAM