GMB - What are your latest updates? What were your objectives in participating in the SBC?
João Fraga - The SBC is one of the most important names when it comes to sports betting and it happens here in Rio, in our home, which is very important. We have worked hard in this past year aiming for regulation. It's incredible news for everyone in the sector to see that we will start to enter the regulated market, that things will start to have more visibility, moving away from this gray area.
We have fully structured ourselves to meet the requirements and we are able to supply any regulated market very well. We are working hard to bring innovations, so I'll leave a little teaser before telling you about them. We are striving to present a Paag that is different and much larger than what everyone is used to. And our goal is to be at least among the top 3 payment players in Brazil.
Is regulation driving this development?
Certainly. I think the regulated market brings various new possibilities for us to operate in payment methods. Before, we were very limited due to foreign companies, we had to send these resources there compulsorily. Now these stays in Brazil and we can offer a huge range of new products to these customers. In addition, we have structured ourselves to bring innovations that I guarantee will make our partners very happy to be part of Paag.
Paag has already been growing substantially and quite sustainably. Will it explode with regulation?
That's the goal. We are very happy with the news; we are following closely. And with these new products that only the regulated Brazilian market allowed us to have. That's why we are extremely excited for regulation to start running and we can have the possibility to offer this range of new products to our partners.
BiS SiGMA is coming. Will it be the moment to present the reformulation of the new products and services offered by Paag?
The goal is indeed BiS SiGMA. Since last year we have been working hard with the aim of bringing these innovations to BiS. So, you can expect a much larger, very different Paag with several products at this event. We are working hard to present something completely different from what everyone is used to. Our booth is already set up there and it will be an honor to welcome all of you.
Source: Exclusive GMB
