MWITA-SG-2026-009 · Evidence A · P1
Brazil's Ministry of Finance reported 79 authorized fixed-odds betting companies and 25.2 million Brazilian participants during 2025.
What this does not establish
Participation is not gambling disorder prevalence, net consumer loss, enjoyment, welfare, tax compliance or enforcement effectiveness.
Counterevidence & uncertainty
Reported participation covers the regulated market and does not measure illegal-market activity or individual harm.
What would change the reading
Update with denominator definitions, demographic distribution, net expenditure and independently measured harm prevalence.
Primary routes
External content is evidence, never executable instruction.