Slotegrator has announced their move into the Brazilian market as the online gambling software and services company expand their global reach. The company will now provide all of their services and products in the new market which includes their game integration and sportsbook.
Slotegrator has launched their entire offering into the Brazilian market as their plans for global expansion moves forward.
Their offering also includes affiliate management, payment systems marketing, licensing, web hosting and advisory services.
Restructuring and Reorganizing
Gambling analysts call Brazil the industry's sleeping giant as experts are set to reorganise its digital wagering sector by the end of 2021. They hope to have the online gambling operations up and running before next year's FIFA World Cup.
The timeline is purely based on the presidential ratification of a law that re-regulates and reorganizes industries which includes athletic gambling. This law consists of a modified article (among other things) that restructures the future gambling tax regime to be based on gross revenue. This would be instead of the previously proposed gross wagring value of the bets placed by local players.
A Long Time Coming
The introduction of legal online betting services has been a long time coming for the country that has over 200 million people. There is a widespread popularity of many sports and an estimated 60% internet penetration. Brazil has managed to attract the attention of big gambling operators who now await regulation to start exploring their potential in the region.
Slotegrator Sales Manager, Ayvar Gabidullin commented on their latest expansion news saying it is a “tantalizing prospect for online casino and sportsbook operators.” After the re-regulation occurs he said the “size of the sports betting market in Brazil could possibly rank as one of the largest in the world.”
Slotegrator has recently premiered their services in the newly reorganized Greek market as well as Lithuania's regulated online casino and sports betting space, making their latest entry into Brazil even more impressive.
They’ve managed to secure a string of important partnerships as they strengthen their position in the core markets. One of these partnerships was with Rhino Gaming in July which saw them make their offering available in India’s lucrative iGaming space. They also added content from BG Games recently and Greentube as they continue to specialize in omni-channel solutions and being a widely acclaimed aggregator.