JUE 28 DE NOVIEMBRE DE 2024 - 04:54hs.
Towards the Brazilian iGaming Summit

Pedro Marcos: “Fogobet considers that BiS will help to understand that regulation is inevitable”

Fogobet's Country Manager, Pedro Marcos, will be at the Brazilian iGaming Summit to exchange experiences on the success of the Brazilian operation, which allowed West End Gaming, its parent company, to launch a new betting site, Alegrebet, focused on the Hispanic-speaking market. “BIS will be a great showcase for authorities and consumers to see that the regulation of the industry in Brazil will bring great results for the Brazilian economy and more security for consumers”, he comments.

GMB - Did the Brazilian market need to have a face-to-face event of this level?
Pedro Marcos -
Absolutely. It is extremely important to have events of this level in Brazil, especially given the size and population present in Brazil. It is vital to have events where players can meet and increasingly improve their operations in the country.

Can the strength of BiS and its dissemination in the media help to understand that this industry should be legalized for the benefit of the country?
Yes, Fogobet believes that BIS will be a great showcase for authorities and consumers to see that industry regulation in Brazil will bring great results for the Brazilian economy and more security for consumers.

How do you analyze Brazil's growth this year specifically in the gaming market segment where you work and specialize? What are your expectations for 2022?
I see that Brazil showed great growth in the year 2021, attracting the operation of several players to the Brazilian market. I believe that in 2022 growth will be even greater as a result of the upcoming World Cup.

At what point do you see the local gaming market in general and its evolution in 2021 from a political and regulatory perspective?
I see the gaming sector as crucial. With the local market suffering from the effects of the pandemic, gaming is growing every year, showing more and more that regulation will bring benefits to players, consumers and especially to the economy, generating more income and jobs.

Were the results of your company's work this year as expected? Do you have plans in Brazil to grow and contribute more to the local market?
Yes, we had really positive results in this first year of operations in Brazil and we are already working so that in the coming years we can grow even more and consolidate our brand in the market.

In the most recent discussions about gaming activity in Brazil, the main players believe that the country is closer than ever to regulation. Do you share the same opinion? Do you believe it is possible to approve all game verticals in Brazil during this next year?
I also share this opinion. I think that BiS will help to show that the regulation of the sector is something inevitable. I believe that the results obtained in recent years will help the regulation to be finalized as early as 2022.

All about the Brazilian iGaming Summit (BiS)

Due to the health crisis, several events, trade shows and congresses had to be postponed or even canceled throughout 2020 and 2021; however, with the advance of immunization across the country, things are slowly returning to normality. Thus, the Brazilian iGaming Summit (BiS) will take place at Espaço Boulevard JK, in São Paulo, on December 1st and 2nd with the strategic partnership of Games Magazine Brasil, and will be attended by investors and entrepreneurs from diferente sectors such as sports betting, communication, affiliates, lotteries and regulators. For the first time, it will take place in a hybrid model, with real-time broadcasts and big screens spread throughout the conference space.

To ensure the safety of guests, event organizers will respect all recommended health safety protocols. With this, BiS will be the return point of in-person events for the gaming sector in Brazil and a great opportunity to connect entrepreneurs of the gaming market to the country's political personalities and actors involved in the regulation process. They will discuss and analyze what will be the next steps to pass legislation for the sector, and what are the trends for the development of this market in Brazil.

For more information, enter the event's official website.

To register for the Brazilian iGaming Summit, click here.

Source: GMB