VIE 26 DE ABRIL DE 2024 - 11:37hs.
Ruben Loeches, R. Franco’s Chief Marketing Officer

“The promise of the Latam market is more tangible than ten years ago”

As countries across Latin America stride towards the implementation of online regulation, Ruben Loeches, R. Franco Group’s Chief Marketing Officer, analyzes in a document distributed to the press the online gaming market in the region and the opportunities that can be developed through regulation. The international igaming industry is waking up to the possibilities of markets in Latin America introducing viable online regulation for the first time.

The operators and suppliers of mature European markets are beginning to be interested in a very attractive market whose value, it is estimated, can reach a total of 600 million Euros in the next 5 years. However, while the promise of the Latin American market is much more tangible than it was ten years ago, it is critical to know and be able to correctly segment customers, to achieve success.


However, while the rich promise of the Latin American market is becoming far more tangible than it was ten years ago, both land-based incumbents and international entrants must be aware of the need to understand the region’s varied customer base if they are to succeed.

 

Both operators and suppliers should not treat all of Latin America as homogenous territory. They will need to operate on a flexible platform that can meet the demands of players in different jurisdictions.

International operators are aware that the same products that brought them to the top in Europe may not work the same way in Latin America. The ability to efficiently build an ad-hoc product tailored to local customers will be critical to success.

In this sense, Iris Open Omnichannel Platform by R. Franco Digital allows easy integration, offering 15 methods of payment and more than 1,500 games, in addition to having regulatory experience for the entire region.

Source: GMB