LUN 25 DE NOVIEMBRE DE 2024 - 11:40hs.
Camilo Millon, Sales Director

“We are particularly excited to host a dedicated session of Kambi’s Festival of Sportsbook on Brazil”

Kambi’s Festival of Sportsbook, the premier online-only sports betting event, returns this June for its fourth year. The company decided to host a special session about the Brazilian market next Tuesday (4) carried out in Portuguese. Camilo Millon, Sales Director at Kambi, talks with GMB about the Festival and the importance of Brazil. “This special session, focusing on how local operators can effectively compete against international players, underscores our commitment to the market,” comments Millon.

Delivered directly from experts at the industry’s trusted, independent provider of premium sports betting technology, Kambi’s Festival of Sportsbook stands as the go-to destination for industry professionals seeking exclusive insights and unrivalled expertise.

This year, Kambi’s Head of Legal and Regulatory Compliance, Victoria Fernandes, will be joined by Partner Manager Sabrina Andrade for a Portuguese language session delving into Brazil and how local operators can compete in the soon-to-be-regulated market. English subtitles will be available for this session.

The countdown to the regulation of sports betting in Brazil is underway. Join Kambi as we discuss the evolving regulatory landscape and why combining a top-tier sportsbook with local knowledge will enable national brands to compete with international giants,” invites the company.

 

GMB - The company holds another edition of Kambi’s Festival of Sportsbook. What are the most relevant topics to be discussed?
Camilo Millon -
This year marks the fourth edition of Kambi’s Festival of Sportsbook, an event renowned for offering exclusive insights and unrivalled expertise from the world's leading sportsbook provider. The festival features a stellar lineup of speakers and covers a wide range of pertinent industry topics, including the future of artificial intelligence in sports betting, how to beat the competition with an optimised player experience and the growing importance of esports, which is especially popular in Latin America and Brazil. We are particularly excited to host a dedicated session on the Brazil market, focusing on how local operators can effectively compete against international players.

Kambi is dedicating a panel to Brazil, even carried out in Portuguese. Does this demonstrate the company's growing interest in this market? Could you highlight what attracts Kambi most about the sports betting sector in Brazil?
Absolutely, the decision to hold a dedicated session on the Brazil market, conducted in Portuguese, underscores our interest and deep commitment to this market. Brazil holds immense opportunities for Kambi once the regulated market goes live this year and we are excited about its long-term potential.

Brazil is a market that loves soccer, with each club having their own passionate fanbases. A large portion of bettors’ first wagers on our Latin American partner network have been on soccer, and our market-leading product is a great fit for operators looking to acquire and retain customers who want to wager on their favourite clubs.

What will be the main points covered in the panel on Brazil?
The panel will primarily focus on how local operators can leverage their unique advantages in a regulated environment. We will delve into the highly competitive nature of the market and how local operators can position themselves strongly.

Additionally, the session will provide an in-depth look at the evolving regulations and discuss the key elements what will make up a successful sportsbook product in Brazil, such as having a bet builder, a comprehensive soccer offering, and ability to offer a product that is truly localised for this specific market. As such, we are excited to share our proven strategies and insights gained from our extensive experience in Latin America.

How does Kambi see the current regulatory scenario in Brazil and how can it contribute with sports betting houses to a modern and safe ecosystem in the country?
Brazil’s sports betting landscape is currently characterised by a highly competitive grey market. Although the regulatory framework is still taking shape, preliminary indications suggest that certain regulations, particularly those concerning bonusing, might actually favour local brands. Overall, we anticipate that the regulatory environment will foster a competitive and expanding market.

Kambi is well-positioned to contribute to this ecosystem by working closely with sports betting operators to ensure a modern, secure, and fair marketplace for all stakeholders. Underscoring this is our current position in other Latin American markets such as Colombia, Peru, Argentina, and Mexico, where we already have vast experience in driving sustainable growth for partners whilst complying with all market regulations.

The main global players point out that Brazil will be one of the largest sports betting markets in the world. How will Kambi position itself to contribute to this growth and what are the company's plans for the country?
Brazil has all the makings of becoming one of the largest regulated sports betting markets globally, with its large population, established local betting brands, and a deep love for sports. As the world’s leading sportsbook provider, Kambi plans to leverage its extensive experience in regulated markets to deliver top-tier sportsbook products to our partners in Brazil.

Our goal is to drive sustainable growth that benefits bettors, operators, and the government alike, ensuring that we contribute significantly to the development and success of the Brazilian sports betting market.

Source: Exclusive GMB