South America eSports Betting Market Analysis from 2022 to 2034 Containing Market Size, Share along with its CAGR, Forecast and Trends
Top Countries — Revenue
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South America eSports Betting Market Analysis — Presence
Geographical Analysis
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| Region / Country | 2021 (A) | 2025 (A) | 2033 (P) | CAGR |
|---|---|---|---|---|
| South America eSports Betting Total | $ 96.99 Million | $ 182.76 Million | $ 646.78 Million | 17.114% |
| Brazil | $ 33.85 Million | $ 63.42 Million | $ 221.98 Million | 16.953% |
| Argentina | $ 18.33 Million | $ 35.15 Million | $ 129.16 Million | 17.668% |
| Colombia | $ 16.49 Million | $ 31.02 Million | $ 106.1 Million | 16.615% |
| Peru | $ 9.21 Million | $ 17.27 Million | $ 60.33 Million | 16.927% |
| Chile | $ 7.27 Million | $ 13.84 Million | $ 50 Million | 17.421% |
| Rest of South America | $ 11.83 Million | $ 22.07 Million | $ 79.22 Million | 17.319% |
A = Actual · E = Estimated · P = Projected · 🔒 Locked values require full access. Click headers to sort.
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Competitor Analysis
Competitive Landscape of the eSports Betting Market
The eSports Betting Market is a dynamic environment with a variety of competitors striving for market dominance. Companies are constantly looking for ways to expand their reach with strategies such as business acquisitions and strategic partnerships. Key players include established online gambling operators, specialized esports betting platforms, and rising startups that are bringing new and advanced esports betting solutions to the market.
May 2024: BetVictor expanded its partnership with Matchroom Sport for title sponsorship rights for a variety of snooker, pool, and darts events in the 2024/25 season. Under this agreement, BetVictor will sponsor the World Snooker Tour's Home Nation Series events, which include the English Open, Northern Ireland Open, Scottish Open, and Welsh Open. (Source: https://www.sportindustry.biz/news-categories/news/matchroom-sport-betvictor-title-sponsorship-uk-open-pool-snooker-darts/) November 2023: Betwinner has partnered with MiFinity to enhance its global presence and improve payment solutions for its customers. This collaboration aims to streamline transactions and provide a more efficient payment experience for users across multiple regions. (Source: https://igamingafrika.com/betwinner-partners-with-mifinity-to-grow-its-global-presence/) October 2023: Entain plc has completed the acquisition of Angstrom Sports, a specialist provider of next-generation sports modeling, forecasting, and data analytics. Angstrom's proprietary offering secures Entain as the only global operator with highly sophisticated in-house forecasting, analytics, risk, and pricing capabilities for US sports betting markets. (Source: https://www.entaingroup.com/news-insights/latest-news/2023/completion-of-acquisition-of-angstrom-sports/) June 2022: Betfred acquired a majority stake in LottoStar, South Africa's largest online betting company. This acquisition enhances Betfred's presence in the South African market, as LottoStar specializes in fixed-odds numbers betting and live games in the region. (Source: https://www.business-live.co.uk/enterprise/betfred-acquires-majority-stake-south-24314876)
| Top Companies (In no particular order) | 2022 (A) | 2023 (A) | 2024 (A) | 2025 (A) |
|---|---|---|---|---|
| Thunderpick | ••• | ••• | ••• | ••• |
| Bet365 | ••• | ••• | ••• | ••• |
| Betfred | ••• | ••• | ••• | ••• |
| Draft Kings | ••• | ••• | ••• | ••• |
| Esports Entertainment Group | ••• | ••• | ••• | ••• |
| Bovada | ••• | ••• | ••• | ••• |
| Bet-at-home.com | ••• | ••• | ••• | ••• |
| Flutter Entertainment | ••• | ••• | ••• | ••• |
| Entain | ••• | ••• | ••• | ••• |
| Betway | ••• | ••• | ••• | ••• |
| Others | ••• | ••• | ••• | ••• |
We Provide Regional Breakdown of this Companies and Company specific to any Country, Region, Product/ service as well. We cover market share analysis for publicly listed companies as well as privately held companies, subject to data availability.
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According to Cognitive Market Research, the global eSports Betting Market size was estimated at USD 2614.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 130.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031. .
- According to Cognitive Market Research, the Brazil eSports Betting Market size was valued at USD 55.94 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. This is due to the rising popularity of eSports and the increasing number of Brazilian bettors engaging in eSports betting. The growth of online betting platforms and the expansion of the eSports industry in Brazil are key factors driving market growth.
- Argentina's eSports Betting Market had a market share of USD 21.96 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. This growth is due to the increasing interest in eSports and the expansion of betting platforms offering eSports markets. The development of the online betting industry and the growing eSports community in Argentina are supporting market expansion.
- Colombia eSports Betting Market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 11.63 million in 2024.
- Peru eSports Betting Market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 10.72 million in 2024.
- Chile eSports Betting Market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 9.41 million in 2024.
- The Rest of Latin America's eSports Betting Market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 21.04 million in 2024.
The Latin America eSports Betting Market is poised for growth due to the rising popularity of eSports tournaments and leagues within the region. As eSports gains traction among consumers, the demand for betting opportunities on these events is increasing. Additionally, the growth of online and mobile betting platforms is making it easier for Latin American consumers to place bets on eSports competitions. The expansion of digital infrastructure and increasing internet access across Latin American countries further support the market's development. These factors contribute to the robust growth anticipated in the eSports betting sector in Latin America.
Analyst Conclusion
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product positioning and will assist you to understand opportunities and threats around the globe.
The South America eSports Betting Market Analysis is witnessing significant growth in the near future.
In 2023, the Ages 19-25 segment accounted for a notable share of the South America eSports Betting Market Analysis.
Anushka Gore is a Senior Research Associate at Cognitive Market Research & Consulting, specializing in the Consumer Goods sector. She is involved in delivering comprehensive market intelligence and business research solutions, utilizing both primary and secondary research methodologies to provide accurate, actionable, and data-driven insights for organizations operating across diverse consumer markets.
Her expertise includes market sizing and forecasting, competitive landscape assessment, consumer behavior analysis, brand positioning studies, customer and stakeholder surveys, expert interviews, and strategic market evaluations. Anushka works closely with manufacturers, retailers, distributors, industry experts, and consumers to gather firsthand market insights while leveraging extensive secondary research to validate market trends, demand patterns, and growth opportunities.
At Cognitive Market Research & Consulting, she contributes to market research reports, custom consulting engagements, and survey-based studies spanning various consumer goods categories, including packaged foods, beverages, personal care products, household products, consumer electronics, lifestyle products, and emerging consumer brands. Her research helps organizations understand changing consumer preferences, purchasing behaviors, distribution channel dynamics, competitive strategies, and innovation trends shaping the consumer goods industry.
Through her analytical approach and deep understanding of consumer markets, Anushka supports businesses in identifying growth opportunities, evaluating market potential, optimizing product strategies, and making informed strategic decisions. Her commitment to delivering high-quality research enables organizations to adapt to evolving consumer demands, strengthen market positioning, and achieve sustainable growth in an increasingly competitive marketplace.
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South America eSports Betting Market Analysis — Table of Contents
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| Age Group | Ages 19-25, Ages 26-30, Ages 31 and Above |
| BettingType | Pre-Match Betting, Live or In-Play Betting, Fantasy Sports Betting |
| Game Type | First-Person Shooter, Multiplayer Online Battle Arena, Real-Time Strategy, Sports Simulations, Others |
| Platform | Online, Offline |
| Device Type | Desktop, Mobile, Console |
| List of Competitors | Flutter Entertainment, Entain, 888 Holdings, GG.BET, Betfred, Luckbox, Everygame, BetWinner, Thunderpick, Unibet |
Additional data which we are providing for eSports Betting market
Regulatory Framework by Country
Customer Behaviour & Demographics
Technological Innovations
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1.1 Top Competitors Analysis
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1.1.1 Global eSports Betting Market Analysis by Key Players
(Subject to Data Availability (Private Players))
- 1.1.2 Top Players Ranking 2024
- 1.1.3 New Product Launch Analysis
- 1.1.4 Industry Mergers and Acquisition Analysis
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1.2 Company Profile (Data Subject to Availability) Sample Format
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1.2.1 Flutter Entertainment
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
- 1.2.1.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.1.2 Business Overview
- 1.2.1.3 Financials (Subject to data availability)
- 1.2.1.4 R&D Investment (Subject to data availability)
- 1.2.1.5 Product Types Specification
- 1.2.1.6 Business Strategy
- 1.2.1.7 Recent Developments
- 1.2.1.8 Management Change
- 1.2.1.9 S.W.O.T Analysis
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1.2.2 Entain
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
- 1.2.2.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.2.2 Business Overview
- 1.2.2.3 Financials (Subject to data availability)
- 1.2.2.4 R&D Investment (Subject to data availability)
- 1.2.2.5 Product Types Specification
- 1.2.2.6 Business Strategy
- 1.2.2.7 Recent Developments
- 1.2.2.8 Management Change
- 1.2.2.9 S.W.O.T Analysis
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1.2.3 888 Holdings
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
- 1.2.3.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.3.2 Business Overview
- 1.2.3.3 Financials (Subject to data availability)
- 1.2.3.4 R&D Investment (Subject to data availability)
- 1.2.3.5 Product Types Specification
- 1.2.3.6 Business Strategy
- 1.2.3.7 Recent Developments
- 1.2.3.8 Management Change
- 1.2.3.9 S.W.O.T Analysis
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1.2.4 GG.BET
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
- 1.2.4.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.4.2 Business Overview
- 1.2.4.3 Financials (Subject to data availability)
- 1.2.4.4 R&D Investment (Subject to data availability)
- 1.2.4.5 Product Types Specification
- 1.2.4.6 Business Strategy
- 1.2.4.7 Recent Developments
- 1.2.4.8 Management Change
- 1.2.4.9 S.W.O.T Analysis
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1.2.5 Betfred
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
- 1.2.5.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.5.2 Business Overview
- 1.2.5.3 Financials (Subject to data availability)
- 1.2.5.4 R&D Investment (Subject to data availability)
- 1.2.5.5 Product Types Specification
- 1.2.5.6 Business Strategy
- 1.2.5.7 Recent Developments
- 1.2.5.8 Management Change
- 1.2.5.9 S.W.O.T Analysis
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1.2.6 Luckbox
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
- 1.2.6.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.6.2 Business Overview
- 1.2.6.3 Financials (Subject to data availability)
- 1.2.6.4 R&D Investment (Subject to data availability)
- 1.2.6.5 Product Types Specification
- 1.2.6.6 Business Strategy
- 1.2.6.7 Recent Developments
- 1.2.6.8 Management Change
- 1.2.6.9 S.W.O.T Analysis
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1.2.7 Everygame
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
- 1.2.7.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.7.2 Business Overview
- 1.2.7.3 Financials (Subject to data availability)
- 1.2.7.4 R&D Investment (Subject to data availability)
- 1.2.7.5 Product Types Specification
- 1.2.7.6 Business Strategy
- 1.2.7.7 Recent Developments
- 1.2.7.8 Management Change
- 1.2.7.9 S.W.O.T Analysis
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1.2.8 BetWinner
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
- 1.2.8.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.8.2 Business Overview
- 1.2.8.3 Financials (Subject to data availability)
- 1.2.8.4 R&D Investment (Subject to data availability)
- 1.2.8.5 Product Types Specification
- 1.2.8.6 Business Strategy
- 1.2.8.7 Recent Developments
- 1.2.8.8 Management Change
- 1.2.8.9 S.W.O.T Analysis
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1.2.9 Thunderpick
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
- 1.2.9.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.9.2 Business Overview
- 1.2.9.3 Financials (Subject to data availability)
- 1.2.9.4 R&D Investment (Subject to data availability)
- 1.2.9.5 Product Types Specification
- 1.2.9.6 Business Strategy
- 1.2.9.7 Recent Developments
- 1.2.9.8 Management Change
- 1.2.9.9 S.W.O.T Analysis
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1.2.10 Unibet
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
- 1.2.10.1 Company Basic Information, Manufacturing Base, Sales Area, and Competitors
- 1.2.10.2 Business Overview
- 1.2.10.3 Financials (Subject to data availability)
- 1.2.10.4 R&D Investment (Subject to data availability)
- 1.2.10.5 Product Types Specification
- 1.2.10.6 Business Strategy
- 1.2.10.7 Recent Developments
- 1.2.10.8 Management Change
- 1.2.10.9 S.W.O.T Analysis
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- 2.1 Global eSports Betting Market Analysis
- 2.2 Global eSports Betting Market Analysis by Region
- 2.3 Global eSports Betting Market Analysis by Age Group
- 2.4 Global eSports Betting Market Analysis by BettingType
- 2.5 Global eSports Betting Market Analysis by Game Type
- 2.6 Global eSports Betting Market Analysis by Platform
- 2.7 Global eSports Betting Market Analysis by Device Type
- 2.8 Global eSports Betting Market Analysis by Key Players
- 3.1 South America eSports Betting Market Analysis
- 3.2 South America eSports Betting Market Analysis by Country
- 3.3 South America eSports Betting Market Analysis by Age Group
- 3.4 South America eSports Betting Market Analysis by BettingType
- 3.5 South America eSports Betting Market Analysis by Game Type
- 3.6 South America eSports Betting Market Analysis by Platform
- 3.7 South America eSports Betting Market Analysis by Device Type
- 3.8 South America eSports Betting Market Analysis by Key Players
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4.1 Ages 19-25
- 4.1.1 Global Ages 19-25 Market
- 4.1.2 Global Ages 19-25 Market by Region
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4.2 Ages 26-30
- 4.2.1 Global Ages 26-30 Market
- 4.2.2 Global Ages 26-30 Market by Region
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4.3 Ages 31 and Above
- 4.3.1 Global Ages 31 and Above Market
- 4.3.2 Global Ages 31 and Above Market by Region
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5.1 Pre-Match Betting
- 5.1.1 Global Pre-Match Betting Market
- 5.1.2 Global Pre-Match Betting Market by Region
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5.2 Live or In-Play Betting
- 5.2.1 Global Live or In-Play Betting Market
- 5.2.2 Global Live or In-Play Betting Market by Region
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5.3 Fantasy Sports Betting
- 5.3.1 Global Fantasy Sports Betting Market
- 5.3.2 Global Fantasy Sports Betting Market by Region
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6.1 First-Person Shooter
- 6.1.1 Global First-Person Shooter Market
- 6.1.2 Global First-Person Shooter Market by Region
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6.2 Multiplayer Online Battle Arena
- 6.2.1 Global Multiplayer Online Battle Arena Market
- 6.2.2 Global Multiplayer Online Battle Arena Market by Region
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6.3 Real-Time Strategy
- 6.3.1 Global Real-Time Strategy Market
- 6.3.2 Global Real-Time Strategy Market by Region
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6.4 Sports Simulations
- 6.4.1 Global Sports Simulations Market
- 6.4.2 Global Sports Simulations Market by Region
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6.5 Others
- 6.5.1 Global Others Market
- 6.5.2 Global Others Market by Region
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7.1 Online
- 7.1.1 Global Online Market
- 7.1.2 Global Online Market by Region
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7.2 Offline
- 7.2.1 Global Offline Market
- 7.2.2 Global Offline Market by Region
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8.1 Desktop
- 8.1.1 Global Desktop Market
- 8.1.2 Global Desktop Market by Region
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8.2 Mobile
- 8.2.1 Global Mobile Market
- 8.2.2 Global Mobile Market by Region
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8.3 Console
- 8.3.1 Global Console Market
- 8.3.2 Global Console Market by Region
- 9.1 Market Drivers
- 9.2 Market Restraints
- 9.3 Market Trends
- 9.4 Market Opportunity
- 9.5 Technological Road Map (Subject to Data Availability)
- 9.6 Product Life Cycle (Subject to Data Availability)
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9.7 Customer and Buyer Behavior Analysis
- 9.7.1 Consumer Demographics and Target Audience Assessment
- 9.7.2 Digital Engagement, Customer Experience & Relationship Analysis
- 9.7.3 Customer Buying Behavior & Purchase Decision Analysis
- 9.7.4 Vendor Selection, Supplier Preferences & Future Demand Trends
- 9.7.5 Pricing, Affordability & Value Perception Analysis
- 9.7.6 Customer Segmentation & Demand Pattern Analysis
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9.8 PESTEL Analysis
- 9.8.1 Political Factors
- 9.8.2 Economic Factors
- 9.8.3 Social Factors
- 9.8.4 Technological Factors
- 9.8.5 Legal Factors
- 9.8.6 Environmental Factors
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9.9 Industrial Chain Analysis (Subject to Data Availability)
- 9.9.1 Industry Chain Analysis
- 9.9.2 Manufacturing Cost Analysis
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9.9.3 Supply Side Analysis
- 9.9.3.1 Raw Material Analysis
- 9.9.3.2 Raw Material Procurement Analysis
- 9.9.3.3 Raw Material Price Trend Analysis
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9.10 Porter’s Five Forces Analysis
- 9.10.1 Bargaining Power of Suppliers
- 9.10.2 Bargaining Power of Buyers
- 9.10.3 Threat of New Entrants
- 9.10.4 Threat of Substitutes
- 9.10.5 Degree of Competition
- 9.11 Patent Analysis (Subject to Data Availability)
- 9.12 ESG Analysis
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9.13 Geopolitical Outlook
- 9.13.1 Global Power Realignment & Strategic Alliances
- 9.13.2 Geopolitical Risk Landscape & Conflict Hotspots
- 9.13.3 International Trade Relations & Market Access Environment
- 9.13.4 Regulatory & Policy Shifts Impacting Cross-Border Operations
- 9.13.5 Supply Chain Resilience, Localization & Resource Nationalism
- 9.13.6 Technology Sovereignty & Digital Geopolitics
- 9.13.7 Strategic Implications for Investment, Growth & Market Entry
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9.14 AI & Market Transformation
This chapter isn't just about technology; it’s about certainty. We show you how AI is being used in leading industries so you can apply those same 'High-Speed' and 'High-Accuracy' principles to your own market strategy
- 9.14.1 Competitive Landscape Disruption & Strategic Shifts
- 9.14.2 AI-Driven Transformation of Industry Value Chain
- 9.14.3 Evolution of Business Models & Revenue Streams
- 9.14.4 AI-Driven Product, Service & Innovation Transformation
- 9.14.5 Customer Behavior, AI Adoption & Future Market Evolution
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10.1 Country 1
- 10.2 Country 2
- 10.3 Country 3
- 10.4 Country 4
- 10.5 Country 5
- 10.6 Country 6
- 10.7 Country 7
- 10.8 Country 8
- 10.9 Country 9
- 10.10 Country 10
- 11.1 Key Takeaways
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11.2 Analyst Point of View
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
- 11.3 Assumptions and Acronyms
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12.1 Primary Data Collection
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12.1.1 Steps for Primary Data Collection
- 12.1.1.1 Identification of KOL
- 12.1.2 Backward Integration
- 12.1.3 Forward Integration
- 12.1.4 How Primary Research Help Us
- 12.1.5 Modes of Primary Research
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12.1.1 Steps for Primary Data Collection
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12.2 Secondary Research
- 12.2.1 How Secondary Research Help Us
- 12.2.2 Sources of Secondary Research
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12.3 Data Validation
- 12.3.1 Data Triangulation
- 12.4 Data Representation
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