Brazil will offer the biggest new market opportunity for sports-betting operators over the next few years, ahead of any U.S. state, according to Brazilians speaking at last week’s ICE gaming expo in London.
Brazil’s soon-to-open market should be even bigger than that of New York, which is widely tipped to become the largest U.S. state for sports betting within the next couple of years, said Andre Gelfi, CEO of Suaposta, an operator of legal online horse race wagering in Brazil.
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