GMB - What assessment do you make of Betconstruct's performance and growth in 2023 overall? Did it meet expectations or exceed them?
Sergio Gabriel Longo - BetConstruct has had very positive performance and growth in 2023, meeting its expectations at the beginning of the year. The company has established itself as a top-level technology and services provider, offering innovative and quality solutions to its partners. Some of the indicators that reflect the success of BetConstruct in 2023 are the increase in turnover, the increase in the client portfolio, the expansion of our presence in more than 50 regulated markets and the launch of Fastex. This blockchain-based ecosystem offers a wide range of centralized and decentralized solutions.
What assessment do you make of Betconstruct's performance and growth within the Brazilian market in 2023?
The Brazilian market has been one of the most important and dynamic markets for BetConstruct in 2023, as it has shown great potential and growing demand for online betting and gaming solutions. BetConstruct has achieved outstanding performance and growth in this market, adapting its products and services to local operators' and players' needs and preferences. Our market share has increased considerably, we have established strategic alliances with leading operators such as VBET, and we have integrated local payment solutions such as PIX.
Could you list the main achievements or goals accomplished?
BetConstruct has achieved several achievements and objectives in 2023, both at the product and recognition level. Some of the most notable are winning the Digital Supplier of the Year award at the Global Gaming Awards Asia-Pacific 2023, receiving the title of iGaming Software Provider at the International Gaming Awards 2023, as well as Land-based Gaming and Betting Product of the Year at the SBC Summit LATAM. Launches Fastex, an ecosystem that offers a wide range of centralized and decentralized blockchain-based solutions, integrates more than 100 casino game providers and more than 50 payment providers and participates in major industry events and fairs, such as ICE London 2023, where he showed his latest tools and solutions under the concept of Resonance.
In your sector within the industry, what trends or technological advances do you believe will dominate the market in 2024?
In the gaming and betting sector, I believe that one of the trends or technological advances that will dominate the market in 2024 is the rise of cloud gaming, allowing players to access games from any device and location without downloads or installations. The growth of mobile gaming, which will continue to be the largest and most diverse segment of the market, is driven by user preference for mobile devices, interest in live gaming and eSports, the search for personalized experiences and safety, and the importance of social and environmental responsibility, which will lead developers and suppliers to adopt measures to protect vulnerable actors, comply with regulatory requirements and contribute to the sustainable and responsible development of the industry.
What is your general opinion on the regulation of the sports betting and online gaming marketing Brazil that got approval in Congress?
My general opinion on regulating the Brazilian sports betting and online gaming market is that it is a positive and necessary step to organize and regularize an existing activity and generate high demand and significant income. I believe that the regulation will benefit both operators and players since it will establish a clear and safe legal framework, which will guarantee the quality, transparency and protection of the services and products offered, as well as the payment of taxes and the control of responsible gaming. I also believe that regulation must be flexible and adaptable to respond to market needs and changes and avoid bureaucracy and entry barriers that may discourage investment and innovation.
What are the main goals/objectives of Betconstruct for 2024 within the Brazilian market? And on a global scale?
Betconstruct's main goals and objectives for 2024 within the Brazilian market are to consolidate its leadership as a provider of online gaming and betting solutions, offering cutting-edge products and services that adapt to the preferences and trends of operators and players locally; obtain certification if necessary to provide our products both online and in physical locations if approved, taking advantage of our experience and recognition in the sector; expand our network of partners, establishing strategic alliances with local operators, media, sports clubs, and regulatory entities; and actively participate in the market regulation process, contributing our knowledge and collaboration to contribute to the development of an orderly, safe, and sustainable industry.
Our co-founder, Vigen Badalyan, said: “Brazil is a very important market for us, and we are working hard to offer the best solutions and services to our partners there. We have a dedicated team of professionals focused on the Brazilian market and we are constantly looking for new opportunities and challenges.”
On a global scale, Betconstruct's main goals and objectives for 2024 are: to continue offering cutting-edge solutions that adapt to the needs and preferences of its clients, as well as to participate in the main events and fairs in the sector, such as ICE London 2024, where will showcase its latest tools and solutions under the concept of It's Your Dream that reflects its commitment to innovation and excellence, where dreams are not just imagined but constructed into success. Alongside its proven offerings, the company will demonstrate a number of innovative products merging the iGaming and crypto realms. From the Multi-Wallet solution, allowing to manage various crypto and fiat wallets from one account to custom-made tokens developed on Bahamut.
Among the ultimate highlights is the Cryptocurrency platform with all the characteristic attributes of BetConstruct’s iGaming solution, offering multiple crypto integrations and game collections. The company will also exhibit BetChain, its Crypto-oriented front-end platform aimed to configure, update, and deliver personalised experiences. As a leading technology and service provider with an unwavering reputation, the company will also feature its ever-expanding Sportsbook covering over 120 sports types, the powerful Casino Suite, and the winning games of the B.F.T.H. Arena Best FTN Game Awards along with the upcoming Ortakh initiative and B.F.T.H. Arena’24 details.
Finally, one of the main spotlights will be on the innovative Dream Package, an all-in-one solution that seamlessly blends BetConstruct's popular products and creates the ultimate package for E-commerce businesses.
Source: Exclusive GMB
