Latin America
Brazil-Focused Operator Galera.bet Joins Betting Integrity Body IBIA

A non-profit organization, the IBIA is active on six continents and operates a highly effective anti-corruption monitoring and alert network
Galera.bet, a sports betting brand of Match Time Solutions BV, has joined the International Betting Integrity Association (IBIA). The online operator is primarily focused on Brazil and this decision fulfils its regulatory obligation under the recently-published Provisional Measure to join an international body for monitoring sports integrity.
Galera.bet is an official sponsor of the Campeonato Brasileiro Série A, the Brazilian Basketball Confederation and Brazilian 3×3 Basketball Tour. The operator joins nearly 50 companies and over 125 leading sports betting brands in IBIA, further strengthening its position as the world’s leading operator-run integrity monitoring body.
The IBIA announced its expansion into Brazil earlier this year ahead of the expected regulation of the market. The Brazilian government’s subsequent Provisional Measure published on July 25 includes a requirement for licensed operators to be part of an international body for monitoring sports integrity.
According to H2 Gambling Capital, the leading independent authority on global gambling market data, IBIA members are estimated to already account for over 60% of the Brazilian remote gambling market. That leading market position will enable the IBIA to provide a highly accurate analysis and effective deterrent against betting related fraud, making it uniquely positioned to support a crack-down on match-fixing in Brazil.
Galera.bet is committed to working in partnership with the IBIA to prevent and detect corruption in sport and to offer a reliable product to its customers.
“We are honored to work with the IBIA and to be able to reinforce our purpose of developing business with integrity as our priority,” the Chief Executive Officer for Galera.bet, Marcos Sabiá, said. “We believe that collaboration between partners is extremely important to protecting the integrity of sport and betting markets from corruption. We hope this is the beginning of a long and successful partnership.”
“We welcome Galera.bet’s decision to join the IBIA, which further strengthens the IBIA’s position ahead of the Brazilian market opening,” the Chief Executive Officer for the IBIA, Khalid Ali, said. “It recognizes the unique benefits of the IBIA’s operator-run integrity monitoring network and its ability to track members’ individual consumer transactional activity rather than just analyzing simple odds movements. No other sports integrity solution provides access to this data which covers over US$137 billion in annual betting turnover, making the IBIA the largest and most effective integrity network of its kind globally.”
The IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators for operators to protect regulated sports betting markets, especially for sports and consumers, from match-fixing. The IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets. Through the IBIA monitoring network, it is possible to track transactional activities linked to individual customer accounts.
Responsible regulated sports betting operators have a significant incentive to help crack-down on match-fixing and the IBIA intends to be at the forefront of that preventative action in Brazil. As part of that process, the IBIA has signed a sports betting integrity protection agreement with the Brazilian Institute of Responsible Gaming (IBJR). The IBIA will be providing integrity services for its members licensed in Brazil and is open to membership applications from other operators seeking to be active in this and other markets.
All IBIA members are required to pass a strict due diligence process and commit to its code of conduct. The association recently released its Q2 integrity report detailing 50 alerts reported in the quarter. The IBIA reported 268 alerts to the authorities in 2022 with successful sporting or criminal sanctions against 15 teams, officials or players where the IBIA had reported suspicious activity on their matches.
Latest News
From $400M to $1.45B: Exploring Gurhan Kiziloz’s Strategic Expansion in Online Gaming

The online gaming industry has experienced exponential growth, especially in Latin America, fueled by increased internet access, progressive regulatory frameworks, and the widespread adoption of mobile gaming. At the helm of this surge is Nexus International, guided by Gurhan Kiziloz, which manages Megaposta, an online gaming platform seeing remarkable revenue growth.
In 2024, Megaposta celebrated $400 million in revenue, with forecasts predicting a rise to $1.45 billion by 2025. This substantial increase prompts a closer examination of the strategic, regulatory, and market dynamics propelling this growth, alongside a comparison with industry-wide trends.
Megaposta’s Strategic Market Positioning
Megaposta is making significant strides in the highly competitive iGaming sector, which encompasses online casinos, sports betting, and digital gaming platforms. It has primarily focused on Brazil, a market currently undergoing significant regulatory transformations, thus attracting a mix of domestic and international gaming enterprises. With the Brazilian gaming market projected to hit $2.6 billion by 2026, it remains a focal point for Megaposta’s expansion efforts.
Under the stewardship of Nexus International, Megaposta has notably amplified its marketing initiatives, enhanced its offline media footprint, and refined its strategies for acquiring users, which have all contributed to its growing market share. Though the revenue forecasts are promising, maintaining this growth trajectory will necessitate ongoing adjustments to both local regulations and evolving market competitions.
Crucial Drivers of Megaposta’s Revenue Growth
Several key factors underpin the anticipated revenue boom for Megaposta in 2025:
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Exploiting Regional Market Opportunities
Megaposta’s dedication to Latin America, particularly Brazil, mirrors larger industry trends. The country’s burgeoning mobile gaming scene and forthcoming regulatory approvals suggest a welcoming climate for more licensed gaming operations. Nexus International’s strategic focus in this region is a deliberate effort to leverage these regulatory developments.
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Enhancing Marketing & Brand Visibility
Kiziloz has prioritized marketing and brand visibility as central to Megaposta’s growth strategy. The company has invested heavily in offline media and sponsorships, employing a strategy akin to that of leading betting firms aiming to dominate in burgeoning markets. This focused approach is instrumental in expanding its user base and bolstering revenue forecasts.
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Strategic Leadership from Gurhan Kiziloz
Kiziloz, with his entrepreneurial prowess in fintech and gaming, has adopted a bold approach to business, characterized by high risks and potentially high rewards. After navigating financial downturns, including a 2022 bankruptcy, he strategically shifted towards online gaming—a sector with swift monetization opportunities in regions with dynamic regulatory environments. His leadership at Nexus International is centered on aggressive scaling, market expansion, and tapping into emerging trends.
Concluding Thoughts
Megaposta’s projected revenue of $1.45 billion by 2025 is in line with the ascending trends of the gaming industry in Latin America, especially Brazil. Under the aegis of Nexus International and Gurhan Kiziloz’s leadership, the company is sharply focused on expanding its market reach, intensifying marketing efforts, and strategically positioning itself within the industry. However, as the sector continues to evolve, adapting to regulatory shifts, intensifying competition, and changing consumer preferences will be essential.
While Megaposta’s current trajectory indicates significant growth potential, the upcoming years will be critical to determine if its aggressive expansion strategy can sustain success in an increasingly dynamic market landscape.
Conferences
WA.Technology to accelerate operators’ Brazilian growth at SiGMA Americas

Leading supplier to deliver unmatched local expertise at Stand O25, Transamerica Expo Center
WA.Technology, the award-winning B2B iGaming solutions provider, is raising the bar for Brazilian operators at SiGMA Americas with its latest innovations, tailored specifically to the regulated Brazilian market.
Already recognised as one of Brazil and LatAm’s most sought-after B2B platform partners, the premium solutions provider will showcase its full range of iGaming solutions to delegates at the Transamerica Expo Center, São Paulo. These include its award-winning range of verticals, WA.Platform, WA.Affiliates, WA.Casino, WA.Sports, WA.Fantasy and WA.Lottery.
With Brazil’s gambling landscape undergoing transformative regulatory developments, WA.Technology is uniquely positioned to help operators navigate and capitalise on emerging opportunities.
From integrating popular Brazilian payment methods to offering an extensive portfolio of localised content, as well as native UX and UI, WA.Technology’s expertise within the regulated Brazilian market gives operators a critical edge over the competition – providing the necessary tools to unlock new opportunities for revenue growth.
Taking centre stage to showcase WA.Technology’s unique ability in the market will be its hugely in-demand Pick’Em Player Props sports betting offering. Pick’Em Player Props allows players to unleash their sporting knowledge across an extensive range of player proposition markets designed specifically for next-gen players.
Dave Hickey, Commercial Director at WA.Technology said: “With the regulatory landscape in Brazil evolving rapidly, operators need agile, adaptable solutions that can support their growth ambitions while delivering the native gaming experience local players know and love.”
“No one does this better than WA.Technology, and SiGMA Americas provides the perfect platform for us to demonstrate how our technology and local expertise can drive success for operators in the region.”
“We look forward to engaging with industry peers, signing new partnerships and demonstrating how WA.Technology can empower businesses to achieve significant success in the Americas and beyond.”
Compliance Updates
SOFTSWISS Jackpot Aggregator Expands in LATAM with Peru Certification

SOFTSWISS, a leading iGaming software provider, continues its expansion in LATAM by obtaining certification for the Peruvian market for its Jackpot Aggregator, a comprehensive player engagement solution. This follows the recent certification of the SOFTSWISS Jackpot Aggregator in Brazil.
The certification was achieved through GLI, an accredited testing laboratory, ensuring that the Jackpot Aggregator meets all technical and legal requirements set by Peruvian authorities.
The online casino segment in Peru has seen steady ARPU growth, increasing from 181 dollars in 2017 to a projected 513 dollars by 2028. Similarly, online sports betting has shown consistent growth, with ARPU rising from 319 dollars to 453 dollars over the same period.
The SOFTSWISS Jackpot Aggregator effectively caters to both segments, as it can be seamlessly integrated with sportsbooks and online casinos, even those based on third-party platforms. Also, SOFTSWISS recently announced the launch of the first Network Jackpot for Sportsbooks, a rare and effective engagement tool in the market.
Angelina Stasiuk, Head of Business Line at SOFTSWISS Jackpot Aggregator, commented: “When it comes to player retention and engagement while delivering an exciting entertainment experience, the SOFTSWISS Jackpot Aggregator offers a powerful solution. It allows operators to easily configure and implement a variety of mechanics, from multi-level prizes to branded jackpots. We are excited that these effective tools are now available for the Peruvian market.”
The Jackpot Aggregator can also be seamlessly integrated with the SOFTSWISS Game Aggregator, which is also certified for the Peruvian market.
The SOFTSWISS team will be available to discuss sweepstakes, social casino segments and partnerships at SiGMA Americas in São Paulo, Brazil, from 7 to 10 April.
About SOFTSWISS
SOFTSWISS is an international technology company with over 15 years of experience developing innovative solutions for the iGaming industry. SOFTSWISS holds several 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 23,500 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 counts over 2,000 employees.
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