In what is anticipated to become into the largest gaming industry in Latin America, BetMGM Brasil has now formally opened for business. MGM Resorts International owns the igaming and sports betting platform, which was created in partnership with Grupo Globo, one of the biggest media businesses in Brazil. When the nation's Secretariat of Prizes and Bets reviewed the applications of hundreds of foreign gambling companies in December 2024 in preparation for the market's January 2025 start, MGM Resorts was granted a licence. Customers of sports betting, casinos, and live casinos will all be served concurrently by BetMGM Brazil, which will also expand its product line to include live broadcasts. It currently has more than a thousand games available, some of which are licensed by Grupo Globo.