Gustavo Schiopa, from the Tower Group, opened the presentation round talking about how it is migrating from the illegal gray market to the legal one. He said that the Latin American market is not yet fully regulated, and that it is necessary to seek adequate regulation for every country as soon as possible.
Schiopa showed the organizational structure of online gaming companies and also reported that although there is little data available it is possible to identify that the public profile is basically of bingo players and sports betting, the market could be 7% of the population over 23 years and that around 60% play via mobile phones.
Santiago Castianera has brought an overview of the sports betting market in countries such as the United Kingdom, the United States, Cyprus, Uruguay and Paraguay, stating that although many have been regulating for some time, they still need to improve regulation for this activity, such the case of US that has not yet regulated the activity in all its states.
He also explained the difference between multichannel and single channel interaction. He said that multiple offers to play also by cellphone or personal computers does not allow integration between models. The single channel is more advisable because in a single platform is more interesting to players who can play and receive through the same place.
Closing the conversation about online gaming, Lorenzo Caci brought Sportradar's experience with protecting the integrity of sports. He spoke about models of cooperation between regulators, sports entities and control agencies. Caci said that Brazil represents a great market opportunity since it is a country that likes sports and has already shown that it also bets.
Source: GMB