Games Magazine Brasil - How do you assess the overall performance and growth of your company in 2023? Was it as expected or did it exceed your expectations?
Paulo Lopes - We are extremely pleased with Oddsgate's performance and growth in 2023. The results exceeded our expectations and are a result of the positive market response to the innovative solutions we offer. We launched brands that, thanks to the stability and scalability of our technology, quickly grew to become major references in their operating countries. It's gratifying to see that our strategies, technology, and team are perfectly aligned with what the market demands and needs.
What is your evaluation of the performance and growth of your company in the Brazilian market in 2023?
More than just keeping pace, our team has been directly involved in this market since 2012. We witnessed the transformation from physical to online gaming, where the introduction of PIX revolutionized the market, bringing operational and technological professionalization to platforms.
We are now reaping the benefits of this know-how, offering a solution with a fast and secure time to market, providing regionally the best technology development practices. Some of our successful cases in Africa have materialized in Brazil, which makes us very satisfied. The market has also recognized that, beyond technology, we offer a unique consulting service where security, reliability, and know-how result in predictability and sustained growth for operators.
Our main bet, past, present, and future, is to enable our partners to build their operations feeling protected against misuse of data and security breaches, aspects that can inexorably harm an operator. Unfortunately, the rapid growth of the market has also brought the emergence of software providers that do not share our vision.
Could you list the main achievements or goals reached?
Launch of New Products/Services: We introduced notable innovations on our platform, enhancing the user experience and offering advanced features.
Data Integrity and Security: Our significant focus is on allowing our partners to build their operations feeling protected against misuse of data and security breaches, which can harm an operator irreversibly.
Certifications: 2023 is also marked as the year we achieved 4 ISO certifications (ISO 9001:2015, ISO 10002:2018, ISO 27001:2022, and ISO 22301:2019) and GLI certifications essential for our operators to work in Brazil, specifically GLI 19 and 33.
International Expansion: We successfully executed our global expansion strategy, consolidating partnerships in key markets.
Positive Financial Results: We achieved solid financial milestones, reflecting the success of our operations and the continuous trust of our clients.
In your sector, what themes or technological advances do you think will dominate the market in 2024? What will be the future trends?
Artificial Intelligence and Machine Learning: We anticipate an increase in the application of AI and machine learning for personalized user experiences and fraud prevention.
Advanced Cybersecurity: With growing security concerns, we foresee a greater focus on advanced cybersecurity solutions and data protection.
Virtual Reality (VR) and Augmented Reality (AR): These technologies will transform the gaming experience, offering more immersive environments. It may not happen in 2024, but the path is being paved.
What is your overall opinion on the regulation of the sports betting and online gaming market in Brazil?
We believe that the regulation of the sports betting and online gaming market in Brazil is a positive and indispensable step. Regulatory clarity creates a more stable and reliable environment for operators and users.
What are the main goals/objectives of your company for 2024 in the Brazilian market? And globally?
Brazilian Market:
Consolidate our position, offering better service to our customer base, thanks to the quality of our local strategic partnerships.
Monitor the regulatory environment and contribute to building an ecosystem that prioritizes security practices and transparent relations between the platform and the operator.
Maintain our focus on the market, fully aligned with the growth of operators who chose Oddsgate as their technological partner.
Global Expansion:
Continue our international expansion, exploring and realizing entry into new markets and key regions.
Continue to innovate: 2024 will be marked as a year of many novelties at Oddsgate, with the launch of new features and services, always aiming to meet the growing demands of the market.
Corporate Responsibility: Increase our focus on sustainable practices and corporate responsibility, aligning with the growing expectations of society and our team.
Source: Exclusive GMB
