GMB - Do you consider Provisional Measure 846 is an important advance in the regulation of sports betting in Brazil?
Dennis DeLaRosa - I was very excited about the opportunity for regulation to be established by Interim Measure 846 for sports betting. I believe it is the first step in the complete regulation of online games in Brazil, and this is very important for the economy not only of the country but also for the global sector. Right now, Online IPS is proud to be a company that is here in the country and part of that sector.
How do you see the possibility of investing in Brazil today and in the future?
We are enthusiastic about Brazil and the dialogue that has been opened here to deal with business and regulation of the online betting market in the country. In the OGS event held in December and organized by Clarion, a family company, we had a great opportunity to work with local and international operators, to work with different Regulatory Agencies here in Brazil and work with different Government employees which are helping companies to inform on the ways to regulate sports betting online in Brazil.
Is the experience in the payment market that makes Online IPS one of the main firms in the market?
I don’t think we're the best. I think it's a very big open market and each of our competitors has a different value. Of course, our set of values is our global and technological experience. We like to think that our product is the best, but that does not necessarily mean that we are the best for everyone, but that we are looking for the best for our customers.
Source: Exclusive GMB
