SÁB 23 DE NOVIEMBRE DE 2024 - 02:27hs.
Analysis by Setebit

Lotteries: A safe and popular alternative in Brazilian iGaming

With iGaming regulation still underway in Brazil, operators are seeking safe and viable alternatives to maintain their activities and ensure sustainable growth. In this scenario, lotteries emerge as a consolidated and widely accepted option in the country, offering legal security, reliable payments and a tradition that spans generations. Setebit analyzes interesting aspects about the vertical.

Lotteries, since the days of the "federal lottery" in the country, have earned the trust of the Brazilian public, both due to the familiarity with the game model and the clarity and transparency of the draws.

Unlike the online casino market, lotteries operate with a solid popular base, reaching a diverse audience with broad penetration across the entire national territory.

This scenario offers operators a unique opportunity to enter a highly accepted sector, in addition to benefiting from clearer legislation and a secure payment model, ensuring that prizes are delivered efficiently and credibly.

The dichotomy: Casinos vs. Lotteries

When comparing the casino and lottery markets, it is possible to identify some fundamental differences that make lotteries a safer choice, especially for operators seeking stability in the iGaming sector.

Casinos face significant challenges in Brazil, both in terms of regulation and revenue flow. A large portion of online casinos operates under international jurisdictions, meaning that much of the profits generated by Brazilian operators end up being exported to other countries.

Moreover, there is always legal uncertainty surrounding the operation of casinos in Brazil, which represents an additional risk for operators and investors.

Another weak point is payment security. In many cases, Brazilian bettors who win in online casinos face difficulties in receiving their prizes due to the lack of a solid and reliable regulatory framework. This can create a level of distrust among the public, who in turn seek alternatives where winnings are guaranteed.

Additionally, the casino sector is frequently associated with concerns about responsible gaming, which places extra pressure on operators to ensure that their services are offered ethically and in compliance with best practices for player protection.

On the other hand, lotteries do not face these difficulties. The revenues generated by lotteries are fully distributed within Brazil, which strengthens the local economy and creates jobs.

Payment security is guaranteed, with prizes delivered efficiently, and the draw process is widely reliable and transparent.

Furthermore, this type of gaming does not carry the same stigma of risk associated with casinos and is seen as a more accessible and socially accepted form of entertainment.

Complete solution for lottery operators

With over eight years of experience in the iGaming market, Setebit positions itself as one of the leading software developers for lotteries in Brazil. Setebit's platform offers a "robust, secure, and customizable solution" for operators who wish to migrate to the lottery modality, providing a smooth and efficient transition to the regulated market.

Highlights of the platform include full management of lottery operations, the provision of integrated systems for established modalities such as Lotomania, Quina, Sena Brasil, Traditional Lottery, among others, and a reliable payment infrastructure that ensures the secure delivery of prizes.

Additionally, Setebit offers specialized technical support and an intuitive interface for operators and bettors, ensuring that operations run smoothly and efficiently.

With casino sector regulation in progress and surrounded by challenges, lotteries have solidified themselves as a viable and safe alternative for operators seeking a stable business in Brazil.

Setebit, with its expertise and technology focused on user experience, offers the ideal solution for those wishing to operate in this market with security and success.

Those interested in learning more about Setebit's lottery solutions can visit the official website setebit.com or schedule a meeting with our consultants to understand how to migrate to this modality.

Setebit offers a 25% discount on the lottery system subscription during the month of October, making this the ideal opportunity for those seeking a secure and reliable iGaming operation.

Source: Setebit