GMB - Talking about sports integrity in front of GLI is stating the obvious, since you have been in this market for a long time?
Valter Delfraro Jr. - It is stating the obvious, but it is necessary and is part of GLI's process, as is the issue of responsible gaming and certification. In addition, we are firm in our stance and bring to the fore the importance of maintaining the integrity of sports. It is with all these pillars that we will build a fairer, more serious and honest industry for all stakeholders in the industry.
In addition to all the expertise in this area, GLI has been approved by the Ministry of Finance to certify iGaming in Brazil. Does this also demonstrate the company's vocation and technical competence?
We are the first laboratory to be authorized by the Secretariat of Prizes and Betting to certify in Brazil, as well as in the state of Paraná. And GLI's commitment is that wherever there is laboratory accreditation, we will be there.
We understand that the credibility of having an accredited laboratory is essential to be able to provide the jurisdiction, the regulator, with the certainty of the entity that is saying that what they are going to use is essential.
You teachers in this area, since most industry standards carry the GLI name, is that right?
GLI has 35 years of experience in the industry and is the accepted laboratory in all jurisdictions in the world where gambling is regulated. Today, approximately 560 jurisdictions. Based on this experience, we developed the standards that are used not only as technical requirements, but as a basis.
For example, in Brazil, the Secretariat of Prizes and Betting for Ordinances 722 and 1207 used GLI-19 and GLI-33 practically in their entirety. If you have one of these certificates, one of these certifications, you are around 80% to 85% compliant with what the Secretariat asked operators to have and be compliant with.
So do we need to make a correction, increasing the number to 561 jurisdictions, by including Brazil?
Exactly. We are firm and strong. The way Brazil has been conducting the process is exceptional. At a recent event at Cibelae, one of the regulators praised the way Brazil has been developing this and the speed with which the country implemented the regulatory process.
What will it be like from January 1, 2025, with the regulated market?
I am sure it will be a success. Obviously, we are learning and we have to understand that adjustments will come, which are part of the process of constant improvement. We cannot get complacent, but it will certainly start off very well and I have no doubt that everyone involved will be attentive to see what adjustments will be necessary to further improve the process. It will be a great start for Brazil.
Is the integration with the Data Processing Service (Serpro) platform going well? Is it an adequate system for the size expected for the Brazilian market?
We are now starting the certification processes. But I can say that this was the way the regulator understood as the best way to keep up with the market. Many other jurisdictions use it and I am sure that Serpro, due to its capacity and what it already knows and understands, is doing the best possible thing. They are preparing themselves adequately to meet the volume that the market will demand.
Source: Exclusive GMB