Latin America
Spinola Gaming to partner with Brazilian Lottery Operators
- Spinola Gaming is now closing deals with several Brazilian lottery operators to solidify its position within the market.
- This came with no surprise given the recent news of the Brazilian lottery monopoly removal.
Spinola Gaming, one of the leading authorities in lottery software announces new partnerships with Brazilian lottery operators, taking advantage of the lottery provider’s new LatAm focused solutions via their: Lottery Management System, Global/Custom Lotteries, Instant Games and Digital Scratch Cards. This move to take on the LatAm market, specifically in Brazil came at the end of 2020, with lots of excitement coming from new regulations and the Brazilian lottery market ‘opening its doors to new providers’.
Spinola Gaming envisions the LatAm market to grow exponentially over the next 3-5 years, with studies suggesting that once Brazil has become a regulated market, it should occupy third place in the global industry. Given regulators in Brazil removing the country-wide lottery monopoly, and the expectation of the regulations for Law No. 13,756/2018 (which legalized fixed odds sports betting as a form of lottery) being in the imminence of being released mid 2021, Brazil is expected to become a huge contender in the iGaming race in LatAm. Also, the draft decree depicted the “concession†(and no longer the “authorizationâ€) as the business model to be adopted by the Federal Government, giving Brazilian states authorisation to exploit their own lotteries, provided that these lotteries become legislated at federal level.
The LatAm team at Spinola Gaming had anticipated this movement in Brazil, and discussed this with the product department. The sales team quickly took action, and with the recent launch of a LatAm focused Spinola Gaming product suite at the end of 2020, this moved from discussions to partnership status relatively quickly. Manuel Santos, Business Development Manager, focusing on efforts in LatAm says that, “Brazil continues to be one country that has great, but unrealized potential in multiple sectors, one being online gambling. In comparison, Colombia’s state lotteries has grown to become the main player in LatAm gaming, with 15 different regional lotteries in operation currently, but Brazil has the potential to top Colombia and gain the status of Latin America’s most powerful country when it comes to online gambling. Our new partnerships with Brazilian lottery operators gives our company the right roots to grow with Brazil as it reaches the next stage in the market.â€
Back in 2020, Spinola Gaming had already started developing foundations in continents like LatAm and Asia.
Be Part of the Progress
Spinola Gaming has initiated the process of onboarding new clients across emerging markets in LatAm, Southeast Asia and Africa. Users within those countries will soon be discovering new ways to play their favourite jackpot and lottery games, in a virtual environment. Complementing these virtual lottery games, operators can now have access to instant win games, like digital scratch cards to provide to their users who believe online is the next step in lottery’s evolution. Check out our website to find out more here.
Compliance Updates
BMM Testlabs Earns Accreditation in Maranhão, Brazil To Test Fixed Odds Betting Systems and Lottery Platforms
BMM Testlabs, the world’s original gaming test lab renowned for exceptional product compliance and testing services, today announced its official accreditation to test systems and games for the Brazilian state of Maranhão.
This new accreditation allows BMM Testlabs to test fixed-odds betting systems and lottery platforms for the Maranhão market. The Company is now authorized in every Brazilian jurisdiction that has regulated at state-level online fixed-odds betting.
The Maranhão accreditation, issued by Maranhão Parcerias SA (MAPA/LOTEMA), authorizes BMM Testlabs to work with lottery operators in the state to ensure compliance and quality standards for the gaming and lottery industry through end-to-end product compliance testing for Maranhão’s standards.
Additionally, Brazil’s Secretaria de Prêmios e Apostas has federally authorized BMM Testlabs to test betting systems, live gaming studios, and online games used by fixed-odds betting operators.
BMM Testlabs’ Marzia Turrini, President of iGaming & Cybersecurity, said, “We are excited and deeply honored that the State of Maranhão’s official lottery has entrusted BMM Testlabs with the responsibility of testing products for their new online fixed odds betting program, knowing that we’ll do so with the highest levels of impartiality, technical expertise, transparency, efficiency, and, most of all, integrity.â€
With the Maranhão accreditation, BMM Testlabs solidifies its position as the leading independent test lab in Brazil. BMM Testlabs is accredited in all jurisdictions that have authorized fixed-odds betting for online gaming and sports betting.
BMM Testlabs brings 44 years of global leadership in product compliance across regulated markets and is trusted by games, systems, and lottery manufacturers, suppliers, developers, and regulators worldwide.
In addition to product compliance testing, BMM Testlabs provides end-to-end cybersecurity protection solutions. Through its sister company, RG24seven Virtual Training, BMM also offers compliance-grade virtual training on responsible gaming, anti-money laundering, and other important topics – presented by industry experts and available in English, Spanish, and Portuguese.
Latest News
Salsa Technology’s FORMULA-BET: Take the Pole Position in Brazil’s Regulated Market
Salsa Technology, a leader in iGaming market solutions, introduces FORMULA-BET, a revolutionary ecosystem designed to put operators in the pole position of Brazil’s regulated market. Inspired by the dynamism and precision of the Formula 1 universe, FORMULA-BET ensures lightning-fast delivery, offering the robust Salsa Omni PAM platform, along with secure, agile and certified integrations with aggregators, payment methods and sports betting.
With a solid track record of innovation and excellence, Salsa Technology ensures full compliance with the Betting Management System (Sigap) and holds GLI certifications for its PAM platform and integrations with the Salsa Gator content aggregator, payment solutions, and the First sports betting platform, all aligned with the requirements of SIGAP, Brazil’s Central Bank, and the Federal Revenue Service.
FORMULA-BET was designed to operate as a true cutting-edge racing team, focusing on three main pillars: speed of implementation with optimized technology for fast delivery and integration, meeting the demands of the regulated market in record time; high-performance team with specialized local support and proven expertise to drive results; compliance and security with full adherence to regulations, ensuring trust at every turn of the market.
At ICE Barcelona, Salsa’s commercial team will be ready to accelerate negotiations and present opportunities in Brazil, positioning itself as a strategic partner for companies aiming to lead in the country’s regulated market.
“Just like a Formula 1 car combines precision and innovation to cross the finish line first, FORMULA-BET provides operators with all the necessary tools to accelerate their business and dominate the regulated market with speed and accuracy”, says Eliane Nunes, CGO of Salsa Technology.
Compliance Updates
INCENTIVE GAMES RECEIVES FULL PAY-TO-PLAY GAMING CERTIFICATION IN BRAZIL
Incentive Games, a leading B2B games provider specialising in player acquisition and retention, today announced it has received full certification from Gaming Laboratories International (GLI) to offer its Pay-to-Play games in the Brazilian market.
This certification encompasses Incentive Games’ entire suite of games, random number generator (RNG), and remote gaming service (RGS), paving the way for the company to expand its reach into the thriving Brazilian gaming market.
Stewart Gove, COO of Incentive Games, commented, “This GLI certification is a huge milestone for us, and a testament to the hard work and dedication of the entire Incentive Games team. It demonstrates our commitment to delivering the highest quality and most secure gaming experiences to players worldwide. We are delighted to now offer our P2P games to licensed operators in the dynamic Brazilian market.”
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