A burgeoning economy has drawn the attention of the global gaming industry. A close analysis of the Brazilian gambling sector, as per the ENV Media survey and research, reveals a diverse range of gamblers coming from various socio-economic strata.
The ‘rich’ are the biggest gamblers in Brazil
According to the survey, 12% of active real money gamblers in Brazil hail from bracket A households, the highest socio-economic classification in the country. This is a significantly overrepresented figure, considering that these affluent households constitute just 2.9% of the Brazilian population. It indicates that those from wealthier backgrounds have a higher propensity for real money gambling, perhaps due to their disposable income and easier access to both online and physical gaming platforms. Similarly, those from B1-B2 households, another upper-middle-class group, comprise 40% of the active real money gamblers.
Given that B1-B2 households represent only 21.8% of the Brazilian populace, this category is also overrepresented in the gambling sector. This suggests that those within the middle to upper-middle class also partake in gambling at a relatively high rate, possibly due to their ability to engage in such leisure activities without significantly affecting their financial stability.
Interestingly, the most populous socio-economic segment, the C1-C2 households, account for 48% of active real money gamblers. This is almost directly proportional to their representation within the population, as they constitute 47.4% of all Brazilian households.
Thus, despite their relatively lower economic status, this segment engages in gambling at a rate consistent with their proportion of the general population. But comfortingly, that doesn’t extend to those from the lowest definition of household: D-E. No respondents from this bracket questioned in the survey admitted to taking part in real-money betting games.
This data may reflect the democratization of access to gambling platforms, especially with the rise of online gaming and mobile gambling applications.
Financial flexibility key to who gambles
Even households with more modest incomes can now participate in gambling activities without incurring substantial costs associated with traditional brick-and-mortar casinos. And as per above, that’s mostly down to the wide accessibility and relatively low cost of owning and using mobile phones in Brazil as well as the ease of access to partake in real-money gambling in online casino and sportsbook websites.
However and somewhat comfortingly, that doesn’t extend to those from the lowest definition of household: D-E. No respondents from this bracket questioned in the survey admitted to taking part in real-money betting games.
The ENV Media survey offers valuable insights into the socio-economic profile of Brazilian gamblers. The overrepresentation of upper and middle socio-economic brackets among active gamblers suggests that gambling is a popular leisure activity among these demographics, likely attributable to their economic flexibility.
Meanwhile, the representation of C1-C2 households in line with their population percentage underscores the increasing accessibility of gambling for individuals across the socio-economic spectrum.
Opportunities aplenty in a booming market
The data illuminates Brazil’s gambling market’s potential growth and diversity, making it an attractive landscape for gaming industry investors and operators.
Yet, it also highlights the importance of responsible gaming measures to ensure that gambling remains a source of entertainment, not financial distress, particularly for those in the lower economic brackets. Further research into these diverse gambler segments’ motivations, preferences, and habits could further refine the gaming industry’s strategies in this vibrant market.
Source : European Gaming