Subject to regulatory approval, Rivalo’s new Brazilian operation will be added to its existing portfolio, including the Colombian license that has been in place since 2018.
With over 170 million active users, Brazil not only has the largest population and online audience in Latin America, but is also the fifth largest social media market worldwide. Rivalo is excited to be part of the newly regulated gaming market in Brazil, with sustainable alternatives for its customers.
“With a local presence and a new license, we will be closer to Brazilian sports fans, offering new products and entertainment options,” said Daniel Eskinazi, Rivalo’s newly appointed CEO for Brazil.
“Rivalo has been operating since 2016 and has earned the trust of bettors in Latin America. We will position ourselves as a leading operator in the Brazilian market.”
Rivalo is one of the oldest platforms in Latin America, operating since 2016 with a wide range of sports betting options combined with a vast portfolio of games in its casino. Rivalo is proud to have player Cafu as its ambassador. The Brazilian football idol holds the record for most caps for the men’s national team with 142 matches, is a two-time world champion and was captain of Brazil’s victorious campaign at the 2002 World Cup.
Source: GMB
