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The gaming market in Brazil is the biggest in Latin America and one of the biggest worldwide.There is no crisis affecting the Brazilian gaming industry.
Similar to the Brazilian e-commerce economy, which has seen consistent expansion, the global pandemic and economic downturn appear to have passed the gaming industry by. The gaming industry in Brazil is the biggest in Latin America.
In recent years, the taxation policy for gaming consoles has also evolved. This has also resulted in modest growth in this industry’s sub sector. The Brazilian economy as a whole and the country’s middle class population have both grown (to a great extent represented by millennials, who like to play video games).
Social isolation has led people to turn to digital solutions, and gaming is a key component of online amusement. The industry for digital games is also being driven by factors such as an increase in gamers, greater disposable income, and technological advancements.
The Brazil gaming market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
The NFT and cryptocurrency-based computer game Heroes of Metaverse is slated to be released officially by the Brazilian gaming business Prota Games, which has received funding from a Seed round to make its debut as a game developer. Funds like Iporanga Ventures, Big Bets, and Class 5 Global participated in the BRL fundraising round.
Salsa Technology recently announced the addition of the END 2 END premium bingo solution to their online casino portfolio. Now accessible on Salsa’s aggregator platform is the innovative bingo offer from END 2 END. All business partners will now have access to a large selection of 75 and 90 ball bingo solutions and lottery games.
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