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WA.Technology to Become Brazil’s Most Sought-after Platform Provider

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WA.Technology, the award-winning B2B iGaming solutions provider, has announced that it is ready to take regulated operators live in Brazil, pending its operator partners’
own regulatory approval.

WA.Technology is already recognised as one of Brazil’s most-sought after platform providers, having partnered with many of Brazil’s leading operators, as well as being at the forefront of developing some of the country’s most popular sportsbooks and online casinos.

WA.Technology offers its partners a full spectrum of iGaming solutions, covering casino, sportsbook, lottery, affiliates and fantasy sports via its WA.Platform, WA.Sports, WA.Casino, WA.Fantasy, and WA.Lottery verticals.

With 113 operators having applied for licence applications, the Brazilian regulated market is forecast to go live on 1 January 2025. The International Betting Integrity Association (IBIA) predicts Brazil will reach $34bn in sports betting turnover by 2028, with an onshore gross win of $2.8bn.

Working hand in hand with GLI to obtain certification of its software in line with Brazil’s specific requirements as well as with Brazil’s regulatory authorities, WA.Technology already has a fully operational team established in Brazil in preparation to support its newly regulated partners’ operations.

WA.Technology offers unparalleled experience across the market, as well as an unmatched level of player engagement delivered via local round-the-clock technical support, dedicated account management teams and a full range of managed services across sportsbook and casino.

Commenting on its readiness to support Brazil’s soon-to-be regulated operator brands, Phyllyp Sedicias, Country Director Brazil at WA.Technology said:
“WA.Technology has been operating in the Brazilian market for several years. We understand the market and all its nuances, and we have successfully partnered with some of Brazil’s leading operators and have been at the forefront of developing some of Brazil’s leading brands.

“Given our local expertise, we are poised to become one of the market’s most sought-after platform providers – with a reputation for excellence.

“We are fully committed towards complying with the regulatory requirements, we have established a working relationship with the Brazilian authorities, and our level of local expertise no other platform provider can match.”

Offering a full spectrum of iGaming solutions, WA.Technology has established itself as a leading platform provider with in-depth expertise in operating across LatAm, Brazil, Africa and beyond

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Caesars Entertainment Closes Sale of the LINQ Promenade

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Caesars Entertainment announced the closing of the previously announced sale of the LINQ Promenade to a joint venture formed between TPG Real Estate (TPG) and the Investment Management Platform of Acadia Realty Trust (Acadia) for $275 million. Concurrent with the closing of the transaction, Caesars made a $275 million voluntary prepayment of the Term Loan B due 2030 with the proceeds from the transaction.

Latham & Watkins LLP and Brownstein Hyatt Farber and Schreck LLP represented Caesars on the transaction. Kirkland & Ellis LLP provided transaction counsel to TPG & Acadia.

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Latest News

The Stampede Continues with Aristocrat Interactive’s Buffalo Gold Max Power

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Aristocrat Interactive, Aristocrat’s online Real Money Gaming (RMG) division, announced that the stampede continues with the launch of Buffalo Gold Max Power in the US. This marks the fifth online game in the award-winning and iconic Buffalo portfolio, following the success of Buffalo, Buffalo Gold Collection, Buffalo Chief, and Buffalo Gold Revolution.

Buffalo Gold Max Power builds on the legacy and popularity of Buffalo Gold, a fan-favorite in land-based casinos. This online adaptation is born to entertain with new features powered by Aristocrat’s proprietary Max Power mechanic, offering players up to 46,656 ways to win free spins and collect Gold Buffalos. With dynamic reels that vary from 2 to 6 symbols on every spin and a redefined feature, Buffalo Gold Max Power is ready to create a stampede of excitement.

“For more than a decade, our iconic Buffalo games have captivated players as some of the most iconic slot games in land-based casinos. With Buffalo Gold Max Power, we’re bringing this timeless favorite online with enhanced gameplay and features that players will love. The launch in New Jersey is an exciting milestone as we continue to deliver innovative and memorable gaming experiences globally,” said Josh Morris, SVP Content at Aristocrat Interactive Content & Aggregation.

Earlier this year, Buffalo was awarded the winner of the Top Performing Omni-Channel Slot at the EKG Awards. The launch of Buffalo Gold Max Power is the latest step in Aristocrat Interactive’s strategy to expand Aristocrat’s industry-leading content portfolio into the online space. The game is currently available with online operators in New Jersey, Ontario, Canada and the UK, with more markets to follow overtime.

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Compliance Updates

JCM Global Receives Approval to Operate in West Virginia

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JCM Global announced that it has successfully passed regulatory review and received a manufacturer’s license from the West Virginia Lottery Commission. The license enables JCM to directly sell to and service customers in the state.

“At JCM, we are committed to our customers. While attaining licensing was not required, we pursued it because it allows us to directly provide JCM’s leading technology and advanced systems, backed by our world-class service, and support, resulting in faster service times and simplifying the entire relationship between JCM and our customers,” said JCM SVP – Sales, Marketing & Operations Dave Kubajak in a statement.

JCM recently announced it has attained licenses in Colorado and New Mexico, bringing the company’s total number of active gaming licenses to 177.

In West Virginia, JCM will provide technology, including the iVIZION bill validator; ICB Intelligent Cash Box System, which boosts security and efficiencies across the gaming floor; and the GEN5 thermal printer, which delivers TITO, personalized promotions, and rewards directly to the player.

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