Guedes spoke about the lessons that Brazil can learn from the process of implementing the Monticello Grand Casino, the largest in Latin America, saying that "nobody needs to reinvent the wheel, since the licensing practices in several countries can be an important reference for processes become faster and more efficient," she said.
According to Guedes, the area of casinos is very dynamic and understanding the regulation of each jurisdiction is fundamental to the success of an operation. "This has happened to us in several regions and more recently in Panama and Chile. By deploying Monticello, we sought to understand the peculiarities of the country and Chilean legislation so that we comply with all legal requirements," she said. For her, it is the way that investors should follow when deciding to set up their casinos when regulating the activity.
Olavo Salles da Silveira, president of Brasilian entity Abrabincs, presented the story that the bingo industry lived in Brazil, stating that the sector, due to its lack of effective regulation since the beginning of the activity, went through ups and downs.
"Today, we have the capacity to create about 600 bingos in the country if the activity is well regulated and within what is expected of a sector that can contribute a lot to society. We can no longer go without clear legislation and it will be very important that Brazil does not think that only casinos in integrated resorts represent a well-regulated gambling industry," said Olavo.
Source: Exclusive GMB
