Games Magazine Brazil - What is your assessment of Weebet's overall performance and growth in 2023? Was it as expected or did it exceed your expectations?
Lenildo Nogueira - 2023 was a year of many achievements for Weebet, and we are extremely happy to observe the company's growth during this year. I believe we can primarily talk about two goals that Weebet had for 2023: scaling sales and accelerating development. Sales managed to exceed the team's expectations during the first semester of the year.
This scenario brought even more enthusiasm to the team, which continued to surpass expectations, and currently, we can cater to players operating on a large scale. Additionally, our technology has a differential being 100% owned and Brazilian, developed by professionals focusing on providing solutions for Brazilian operators. By accelerating our development, we expanded functionalities, scaling betting sites, and offering the best tools for the growth of the bets that are with us. Therefore, not only do we work internally, but we also establish partnerships focused on the safety of operators and bettors. So, yes, we managed to find ways to achieve these goals, but in both cases, we are not satisfied and want much more for 2024.
What is your evaluation of Weebet's performance and growth in the Brazilian market in 2023?With excellent performance, Weebet reaped the rewards of seven years of dedication. As a result, we managed to broaden our perspective of the iGaming market and, thus, dedicated ourselves even more to the sector. Brand recognition is a significant indicator of our performance. Internally, we had an expansion of the team accompanied by accelerated development. These highly satisfactory results from 2023 contribute directly to scaling the Brazilian operations we serve.
Could you list the main achievements or goals reached?
Our expectations for expanding the casino catalog became a reality with the launch of dozens of online game providers. Our premise is that a betting platform is an aggregator of services and content; that's precisely why 2023 was a special year because we expanded our catalog with contributions from game studios worldwide. In addition to partnerships focused on the casino, we became the first B2B platform in all of Latin America to close a contract with ParlayBay, a powerhouse in the micro-betting scene in sports markets. Also, the recognition we received with the nomination for "Best Platform/Provider" at the BIS Awards 2023 crowned a notable participation in the BIS SiGMA Awards, our first exhibition that also contributed to surpassing the sales goal for 2023.
In your industry, which themes or technological advances do you think will dominate the market in 2024? What will be the future trends?
I believe many of the trends next year will be based on the regulation of the sports betting and online gaming sector. This scenario will contribute precisely to the expansion of the Brazilian market, which already has global prominence, and will lead to an increase in the production of national content, of which Weebet is already proudly a part. Also, we will see a situation where players working seriously will have a more prominent position throughout the year due to the need for legal and technological adaptation to the demands of regulation. In 2024, the theme of responsible gambling will be in the spotlight. This point has been discussed globally and highlighted by reference companies since it concerns the sustainability of the industry and the health of end consumers.
What is your overall opinion on the regulation of the sports betting and online gaming market in Brazil?
The regulation, including not only sports betting but also online gaming, is very comprehensive and contributes to the strengthening of the iGaming market in Brazil. I believe this is the time to highlight discussions about the theme of broad competition, which should be possible in this scenario for the development of Brazilian operators. In addition to important regulation, licensing, and tax collection; creating a sustainable environment for competition among operators and access to various services by bettors is essential for a regulated Brazilian iGaming sector.
What are Weebet's main goals/objectives for 2024 in the Brazilian market? And globally?
Weebet has grown impressively, and I believe 2024 is a year for strengthening the brand and our company as a whole. This entire process will be done with a focus on the growth of our operators, as strengthening ties with them is essential to continue strengthening our personalized and humanized service, which is already a highlight among customers and can become even better. Additionally, our participation in national and global events will continue so that Weebet's technology is always ahead of the market. These encounters are also the place where we can expand our partnerships with global players, always seeking the best for our operators.
Source: Exclusive GMB
