In these analyses, the OGQ takes an in-depth look at the following topic: Growth potential of key online gambling markets – LatAm focus – survey results Q3 2025. The data research compiles survey responses from industry insiders across multiple regions to gauge the anticipated revenue growth of global and Latin American markets. It highlights how regional markets—particularly Africa and Brazil—are shaping the next phase of expansion for the global online gambling industry. The analyses also explore market relevance, operator sentiment, and year-over-year changes in growth expectations.

Growth potential of selected global regions – Survey results Q3/2025

This chart compares the expected revenue growth potential of six key online gambling regions over the next 12 months. Africa and LatAm lead the global outlook, while both Eastern and Western Europe remain at the bottom of the ranking.

• Africa now holds the top position for growth expectations, overtaking all other regions in the survey conducted in September 2025.

• Latin America (LatAm) continues to show strong optimism, reflecting its growing market size and new regulatory developments across several countries.

• The US and Asian online gambling markets are viewed as having moderate growth potential but remain highly competitive and stable.

• Eastern and Western Europe continue to post the lowest expectations, signaling market saturation despite their large scale and established presence.

• Compared to earlier surveys from March and June 2025, there were no major shifts, except for Africa’s rise to first place.

Growth potential of key LatAm online gambling markets – Survey results Q3/2025

This chart zooms in on Latin America, assessing how experts rate the growth potential of individual markets across the region. Brazil and Argentina clearly lead the expectations, followed by Peru, Mexico, Chile, and Colombia.

• Brazil remains the strongest market in Latin America, benefiting from ongoing regulation of online casinos and sports betting in 2025.

• Argentina made a notable leap forward in growth expectations compared to 2024, signaling increasing investor and operator confidence.

• Peru and Mexico display moderate but steady growth prospects, suggesting reliable markets with consistent potential for online operators.

• Chile and Colombia maintain smaller growth expectations, indicating relatively stable but slower-moving market conditions.

Relevance of LatAm for the online gambling industry – Survey results Q3/2025

This chart explores how industry participants view the importance of Latin America for their business strategies in the coming year. The majority see its relevance increasing, reinforcing its role as one of the most dynamic global markets.

• The average estimate leans strongly toward increasing relevance, showing broad confidence in Latin America’s market potential.

• Many survey respondents expect to strengthen their operations or partnerships across Latin American jurisdictions within the next 12 months.

• Regulatory progress, particularly in Brazil and Argentina, continues to fuel optimism about sustainable long-term market development.

• No participants indicated a significant decrease in relevance, underscoring the region’s central role in industry growth strategies.

More info about this analysis: Growth potential of key online gambling markets – LatAm focus – survey results Q3 2025. Please find more data and the methodology applied in the current edition of the OGQ Magazine. Also, find more content in our data section.