DraftKings and MGM Find New Gaming Frontier in Brazil
DKNGDraftKings(DKNG) PYMNTS·2024-04-03 23:23

Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy and its new, and regulated, online gambling market, Bloomberg News reported Wednesday (April 3). The report noted that Brazil — with a population of around 200 million — has emerged as one of the world’s top 10 betting markets since it began relaxing its online gambling laws in 2018. The country c ...