The 2024 edition of the largest sports betting, lotteries, affiliates, and iGaming event in Latin America concluded last Thursday (25^th). BiS SiGMA Americas was held over three days at the Transamerica Expo Center in São Paulo.

With the best structure ever offered on the continent for sector meetings, BiS 2024 made history with a record public attendance. According to the organizers, approximately 14,000 people visited the venue on the 23rd, 24th, and 25th.

Additionally, the tradeshow also registered a 30% increase in its physical space to accommodate new companies.

In total, there were 250 exhibitors and sponsors, including operators, providers, payment methods, game developers, marketing affiliates, and other areas of the industry.

“The event was a success. We saw an increase in public attendance and space. There was a lot of discussion about the future of the market, regulation, and what it can bring to this segment,” explained event Co-founder Alessandro Valente.

BiS and SiGMA Awards

Besides the Transamérica, the event also featured an awards ceremony on Tuesday and Wednesday nights at Um Rooftop. The awards recognized the dedication of professionals and companies that contributed most to the growth of the Brazilian industry.

BiS SiGMA Americas: Multilingual and Multicultural

According to recent data, Brazil ranks third worldwide in online betting consumption. Therefore, the interest from groups of other nationalities in entering or intensifying their operations in the national territory is enormous, as evidenced in this edition.

After all, BiS SiGMA Americas welcomed exhibitors from 60 different countries, with more than 35 languages spoken over the three days. All panels and lectures with internationally renowned figures offered simultaneous translation options.

Carlos Cardama, one of the show creators, highlights: “This is the best event of its kind in Latin America, and we were able to offer lectures with substantial market content. It is a pride to see how many countries we were able to gather here in Brazil.”

“I want to thank everyone for their trust, and I am sure that we have achieved our goal of exchanging information and technologies from the sector and generating business,” he adds.

In such a significant year for gaming in Brazil, due to the implementation of awaited regulations, the 2025 edition of BiS SiGMA Americas is already eagerly anticipated by thousands of people as it helps to chart the short, medium, and long-term directions of the sector.

Appointment comes as White Hat Gaming continues its US expansion

Leading iGaming platform provider, White Hat Gaming, has appointed industry expert Justin Psaila as its new Chief Financial Officer as the company continues to grow its operations worldwide.

Psaila joins with nearly two decades’ worth of industry experience following eight years at Betsson Group and close to nine years in his former role as CFO at Gaming Innovation Group.

He will now oversee White Hat’s financial division to assist in the provider’s goal of enhancing its operations across the globe, in particular in the US, where it has made significant progress.

White Hat has already partnered with iGaming giants Bally’s and New Jersey-based lottery operator Jackpocket to supply its cutting-edge Player Account Management solution, while also bolstering its presence in Oklahoma through an agreement with the Choctaw Nation.

Phillip Gelvan, CEO, White Hat Gaming, said: “We are delighted to announce that Justin Psaila will be joining the White Hat Gaming team as CFO. Justin is well respected in the industry, and I have no doubt his appointment will strengthen our already impressive executive team.

“White Hat is consistently working to deliver on its global expansion goals, and Justin will be key in ensuring the company’s financial objectives are attained.”

Justin Psaila, CFO, White Hat Gaming, said: “I am very happy to be starting my new position as Group Chief Financial Officer at White Hat Gaming.

“I am joining a brilliant team and look forward to helping deliver on White Hat’s ambitious growth plans across the US and beyond.”

Bragg Gaming Group Inc., a global B2B gaming technology and content provider, announced the issuance of a secured promissory note in the principal amount of US$7 million (the “Note”) to certain entities controlled by Doug Fallon, Managing Director of Group Content of the Company and the Founder of Nevada-based Wild Streak Gaming. The Note matures on April 25, 2025 and bears interest at an annual rate of 14%, payable quarterly.

“This financing provides the Company’s balance sheet with additional flexibility as we continue to review strategic alternatives for maximizing shareholder value and execute against our strategy,” said Matevž Mazij, Chief Executive Officer. “We would also like to thank The Lind Partners for their cooperation in providing a waiver consenting to the Note funding”.

“After reporting another consecutive full year of strong revenue, gross profit and Adjusted EBITDA growth in 2023, we are exceptionally well placed to capitalize on our in-demand content, product and technology verticals in major iGaming markets in North America, Europe and LatAm. From our market-leading player account management (“PAM”) platform and turnkey solutions to our unique casino content aggregation offering with Fuze™ promotional functionality and player journey management, as well as our ever-growing exclusive content portfolio, our product strategies are refined for each market we operate in.”

The Toronto Stock Exchange (the “TSX”) has conditionally approved the issuance of the Note. The Company may use the net proceeds from the Note for general working capital purposes and strategic initiatives.