Latin America
Betcris Executives To Feature At Upcoming SBC Digital Summit LatinoAmérica Gaming Conference

The SBC Digital Summit Latinoamérica conference is scheduled to be held next week, bringing together gaming and industry leaders to discuss how the growing Latin American (LatAm) gambling industry is poised to explode. It is the largest virtual event in Latin America, and will provide fully digital and interactive conferences, along with exhibits and networking experiences for delegates interested in the gaming and betting industry. In order to analyze the current state of the industry and emerging opportunities in the LatAm market, SBC has convened the most distinguished experts in the industry and recognized leaders to share their visions. Among these will be several executives of LatAm’s leading gaming company, Betcris.
The online summit will be held across two days next week, June 16 and 17. As with previous virtual events organized by SBC, this one promises to be a major networking and data-channeling event that everyone in the LatAm gaming industry must attend. Getting things going will be Sports Betting In Focus, a look at how sports gambling is helping catapult all other types of gaming activity across the region. It will explore how regulations are currently being implemented, as well as what the future holds for the entire Latin American gaming market.
Following a keynote speech on sports integrity from the ethics and compliance officer of the South American Football Confederation, Graciela Garay, the conference’s first panel will be held. Grey to White is designed to explore the different ways in which sportsbooks can alter their marketing messages in order to be in compliance with regulatory frameworks that are being implemented across the region, and Betcris CEO JD Duarte will be taking the stage with a couple of other gaming industry leaders to explain how things are evolving. Specific topics included in the panel discussion will be how operators can effectively promote their brands while remaining compliant, what opportunities are surfacing through sponsorship and broadcasting deals and what impact regulations will have on affiliate entities.
Joining a panel on eSports in LatAm will be Oscar Miranda Palma, Lines Manager-Esports Supervisor for Betcris. As eSports continues to become more popular and is now a key vertical for gaming operators during the COVID-19 pandemic, new challenges have been brought to the forefront of the vertical. Companies are seeking out new ways to engage fans, and Palma will be discussing how operators can learn from what has already been established in regions such as the US and Asia.
There are ample opportunities for LatAm operators to build upon the success of other areas, and LatAm eSports activity has the potential to be a huge revenue stream for companies that implement the proper structures.
Also speaking at the summit will be Fernando Garita, the head of business development at Betcris. He will focus on lottery operations in LatAm, joining delegates to discuss how lotteries are currently being run in different LatAm countries and what is in store for the future. Lotteries have always been a significant part of gaming operations throughout the region, and are gaining more importance in light of the global pandemic as a means of keeping revenue-generating channels open.
SBC Digital Summit Latinoamérica is going to set the stage for how operators introduce new solutions going forward, which will enable better, more solid growth for the region’s gaming initiatives. According to SBC founder and CEO Rasmus Sojmark, speaking about the event at the end of May, “This is a fantastic way to kick-off our first-ever dedicated Latin American event, as some of the most influential executives in the industry join us to outline how the sports betting sector can achieve its potential in the region.”
Latest News
SOFTSWISS Wins Best Game Aggregator Award in Latin America

SOFTSWISS wins the CGS Recife Awards 2025 for its flagship Game Aggregator, confirming its industry leadership as the largest content hub in iGaming, operating with 99.999% uptime across 24 regulated jurisdictions. Recognition in Latin America, where SOFTSWISS has achieved full product certification, further proves the product’s global dominance and commitment to delivering trusted solutions across key regulated markets.
The award recognises the best game aggregation platform in the Latin American iGaming market, celebrating leadership, innovation, and operational excellence. This recognition is especially important as it comes from Brazil, where all SOFTSWISS products have recently been certified, led by the Game Aggregator. It is the 7th international award for the Game Aggregator, highlighting the product’s dedication to delivering unmatched scale and stability.
The Game Aggregator is recognised as the industry leader because of measurable advantages that no other platform can match. Operating in 24 jurisdictions, the solution provides direct access to 35,000+ active playing games from 300+ providers with new releases appearing immediately in operators’ portfolios enabled by streamlined integrations.
Engagement features deliver proven growth. Its Tournament Tool increases average daily bets by 22% across the player base. Players who join tournaments place twice as many bets and wager 3 times more than others. Jackpot Aggregator campaigns on the Game Aggregator drive a 50% increase in turnover per user, making engagement mechanics a direct source of revenue.
The platform’s infrastructure is designed for continuous, fail-safe operation. Uptime reaches 99.999–100%, guaranteed by strict SLAs and backed with proactive system notifications. The system processes 7,000 requests and up to 100,000 database queries per second, with 99% of responses returned in under 100 milliseconds. This ensures operators never lose a session, a bet, or their players’ trust.
Beyond scale and engagement, the platform offers features that raise industry standards: AI-driven localisation for any market, deep analytics through the Ultimate Report Builder, and customisable game metadata for client-facing flexibility.
“We are honoured to receive the Best Game Aggregator Platform award at CGS Recife. This recognition shows the value of our commitment: a constantly growing game portfolio, wide market coverage, and unwavering platform reliability. For almost ten years, our team has been building a platform that not only delivers scale and stability but also drives measurable results,” added Tatyana Kaminskaya, Head of SOFTSWISS Game Aggregator.
The SOFTSWISS team will be available at SBC Lisbon 2025, Stand B160, to discuss the possibilities of the Game Aggregator.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience in developing innovative solutions for the iGaming industry. SOFTSWISS holds a number of gaming licences and provides comprehensive software for managing iGaming projects. The company’s product portfolio includes the Online Casino Platform, the Game Aggregator with over 35,000 casino games, the Affilka Affiliate Platform, the Sportsbook Software and the Jackpot Aggregator. In 2013, SOFTSWISS revolutionised the industry by introducing the world’s first Bitcoin-optimised online casino solution. The expert team, based in Malta, Poland, and Georgia, counts over 2,000 employees.
Latest News
Brazil Congress Told to Focus on $6.4B Gambling Revenue Losses to the Black Market

Brazil’s Permanent Subcommittee on Sports Betting Regulation has stressed that greater focus must be placed on the massive revenue losses to the illicit black market.
In recent days, a public hearing in Congress detailed that the underground gambling sector is believed to generate around R$35 billion ($6.4 billion) per year. That is thought to equal around half of all online gambling activity in Brazil.
There was a consensus at the hearing that the primary challenge facing the South American nation was not the regulated gambling industry, but the proliferation of illegal platforms, and the absence of any controls or player protections.
As with all underground gambling networks, the government in Brazil does not receive any tax revenues from these operations.
Participants at the hearing included the Brazilian Institute for Responsible Gambling (IBJR), together with lawmakers, industry representatives, and other authority bodies.
Fernando Vieira, CEO of the IBJR, noted that the illegal market’s revenue rivals the legal market’s R$38 billion figure, causing the government to lose approximately R$10.8 billion ($2 billion) in tax revenue annually due to untaxed operations.
The discussion placed great emphasis on the fact that illegal platforms operate without any oversight, age controls, or user protections, which only increases the risks of underage gambling, fraud, and other illicit activity.
Last month, the IBJR presented new data showing that the Central West region uses illegal betting platforms more than anywhere else.
Since last year, authorities in Brazil are estimated to have blocked around 17,000 unauthorized websites, averaging over 1,700 per month.
However, the Brazil Congress hearing was told that efforts must be increased to combat the illegal market, especially with the funds that are collected from the regulated sector.
Deputy Caio Vianna, President of the Subcommittee, who initiated the hearing, called for “financial suffocation” of illegal operators by targeting their payment methods, as shutting down websites alone is insufficient due to their ability to quickly relocate under another jurisdiction.
There was also significant opposition expressed toward the proposed measure, currently under review in the Brazil Congress, to increase the tax on gross gaming revenue from 12% to 18%, which the IBJR warns could weaken the legal market and create further momentum for the growth of illegal platforms.
IBJR chief Viera added, “This is a turning point. If Brazil shifts just 5 percentage points from the illegal to the regulated market, the additional revenue could reach R$1 billion per year.
“The solution is not to hastily increase taxes, but rather to invest in oversight, monitor financial transactions, certify suppliers, and raise consumer awareness. Only then will we reduce the scale of illegality and consolidate a strong and sustainable regulated sector.”
Source: readwrite.com
Latest News
Cactus Founder Nickolas Ribeiro Defends Industry’s Continued Commitment to Responsible Gaming

In August, the Brazilian online gaming and sports betting sector will complete eight months of effective regulation. This new phase officially began on January 1, 2025, after a long period of debate and consultation between iGaming market representatives and government authorities.
According to Cactus Gaming founder Nickolas Tadeu Ribeiro de Campos, one of the main issues that has permeated this new era of online gambling is establishing resources and motivating the industry’s commitment to responsible gaming. “The commitment to Responsible Gaming must be ongoing. Here at Cactus, we invest in technological tools, protection policies, and strategic partnerships to ensure that entertainment is always aligned with the safety and well-being of players. We promote transparency, prevent risks, and support practices that strengthen the sector’s sustainability,” adds Nickolas.
It’s worth noting that the Secretariat of Prizes and Bets (SPA), which regulates gaming and betting activities in Brazil, published Ordinance SPA/MF No. 1,231, dated July 31, 2024, which establishes guidelines and measures to ensure that gaming and betting operations promote the integrity and well-being of bettors. The ordinance provides guidelines on how to manage gambling to prevent harmful behavior.
Awarded Best Platform of the Year for three consecutive years by the BIS Awards and Sigma Awards and expanding internationally, Cactus is a Brazilian company recognized for its innovation and excellence in the iGaming sector, standing out for the development of robust, secure and scalable solutions for operators worldwide.
All areas of the organization are committed to conscious practices and have leaders who believe this is one of the main pillars for a maturing market, as is the case in Brazil.
In this context, Nickolas Ribeiro emphasizes that consumers must be continually made aware, understanding that this activity needs to be done in a safe, healthy and recreational manner.
“The gaming ecosystem must be committed to raising awareness among its audience, promoting informative and preventive actions. We want gaming to be fun for everyone, while providing tools and support channels for those who need it. Therefore, educational initiatives are the best allies for building a robust, conscious, and transparent market in Brazil,” adds the founder of Cactus.
Welcome to Cactus’ new CFO
At the forefront of the industry, Cactus continues to grow and expand its structure with the acquisition of a new office and the hiring of market leaders. Last month, Thiago Garrides joined the team as the new Chief Financial Officer (CFO).
Garrides’ arrival represents a new cycle of financial expansion for the company, aligned with its strengthening in Brazil and growth in regulated international markets. The executive has over two decades of experience in corporate finance, risk management, and treasury. He has also led projects focused on operational efficiency, governance, and the structuring of financial services solutions.
Cactus Gaming, along with its founder, Nickolas Ribeiro, understands the importance of employing highly qualified professionals to offer partners global standards of innovation, transparency, and security. Since its founding, the brand has established a broad portfolio of products and services geared toward the iGaming market, with the credibility of a company that adheres to international best practices. Garrides’ arrival reinforces this constant pursuit of excellence and responsibility.
“Thiago’s arrival represents a significant step forward in our executive structure. We are currently consolidating and expanding internationally, and having a CFO with his experience and strategic vision reinforces our commitment to solid, responsible management aligned with the challenges of the iGaming sector,” emphasizes Nickolas Ribeiro.
Internationally recognized and awarded brand
Cactus’ pioneering work has been recognized by major national and international industry awards. The company was named Best Platform of the Year for three consecutive years—in 2025, 2024, and 2023—and also won “Best White Label” at the SiGMA Awards and “Best Platform” at the BiS Awards.
With a presence at the main global events in the sector such as ICE, SiGMA Americas, SBC Summit, SiGMA Europe, IGB among others, and in full international expansion, Cactus Gaming reinforces its leadership by expanding its operations in Latin America, Europe and other markets.
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