Leading technology provider for the iGaming industry, with broad coverage of services and verticals (pre-game betting, sports betting, live casino, virtual betting, bingo, eSports, horse racing, Betting Exchange, poker and lotteries), Betconnections says that even without regulation in Brazil, business is going well.
GMB - How is the Brazilian market for Betconnections?
Jesús Rafael Campos - The Brazilian market is fundamental for us. Betconnections is betting that Brazil will position itself as the leader in the region. Undoubtedly, we are waiting for the relevant regulations, but we are already working to consolidate ourselves as a local company. We have made investments in this area and we believe that regulation will take place in the coming months so that we can extend our full potential as a company.
The firm offers a wide range of options, with sports betting platform, online casinos and systems...
We are a very complete and unique company in the region. We not only develop B2B platforms and products, such as live sports betting, pre-match and horse racing. These are native products owned by the company and which we pass on to our operators and companies that provide B2B services in the region. We have a presence in 14 countries on three continents. The company has been growing and consolidating. We remain among the industry leaders.
And with a novelty for the market, which is the Exchange, a new way of working in the betting sector, isn't it?
Exchange betting is new to our region. In Europe it is a consolidated and market leader type of bet, of paramount importance worldwide. Our company has developed from the hands of major operators in Europe an option for Latin America betting Exchange. This bet allows the player, user, to propose or receive a bet in the condition he wants and not the one imposed by the house. With this, it is possible to generate bets that do not exist and that would not be created, entering the field of an offer that crosses between the players, player against player, leaving the house of the role of arbiter between them and it is paid to whoever wins. It is a fabulous bet that will revolutionize the market.
Every day, in the Brazilian market, there are talks about regulation. How do you see this theme?
We are very hopeful that the regulation will finally be consolidated. We have been waiting a long time for discussions at the high level of the political environment within Brazil. It is imminent to be regulated. It is no secret that the world is experiencing a strong global crisis. So every resource, every tribute is important to the government. It cannot be hidden that in Brazil there are already more than 500 operations working and the government and institutions stop receiving money, generating jobs and promoting a transparent business. With the regulation, the government would tax and make conditions for players and the industry to be transparent. There is no way to hide that the business started many years ago and the only way the government, industry and the country can take advantage of it is by regulation.
Source: Exclusive GMB
