GMB - How important is it for Grupo Vibra to be present at an integrity event in Brazil, when the country is discussing the latest details of sports betting regulations?
Federico Saini - It is important for us to learn a little more about what is happening, both in operations, integrity and in the industry. It is also important to participate because we, as providers, have to increasingly understand the issue from our side, internally, to see what we have to do to contribute to full compliance.
Regarding regulation, we are very attentive to this and open to being 100% aligned with what is happening in Brazil, which is very important to us. We have many clients who are in the same situation and are happy with what is happening in the country.
Speaking of integrity, we have to think about two aspects of Grupo Vibra: Gaming, with its certified games, and the Vibra Solutions platform, which is already well established in the market. Is everything ready in terms of integrity requirements?
Absolutely. We are happy with the current situation of Vibra Solutions and Vibra Gaming in Brazil. For us, it continues to be the main market and we are investing heavily in it. All certification is very important to us. We are doing the same in some other countries and now, with the regulation, we will have everything certified and ready to go live when the new regulation comes into effect. Today, the platform's certifications are in order, but we have to adapt it to each market.
We are working on this and the idea is to capture and have many more clients who need a solution suitable for the market in the coming months. I am sure that we will have many interesting opportunities.
113 license applications were submitted to the Prizes and Betting Department of the Ministry of Finance, and some of them are obviously Vibra Group clients. What are the expectations for the approval of these applications?
We have no doubt that they will be accepted. The companies that requested these applications are from operations that are doing well, that have the resources to be in this regulated market without any problems. So, from our side, the idea is to bet and continue growing together with them. We will continue helping our clients so that they are successful, because if they are successful, so are we.
The Vibra platform is already in operation with partners in Paraná, Maranhão and Paraíba. How is business with them going? Is the platform stable and well accepted by these partners?
Absolutely. The idea is that we continue growing in these states that you mentioned. We know that it is a relatively new market with state licenses, but still limited to sports betting and lottery games. We hope that the possibility of having casino games will soon open up.
We are pleased with the growth of the company and our customers and are always monitoring their needs from a technical point of view so that everyone has the latest innovations on the market and always trying to stay ahead of the competition.
Source: Exclusive GMB
