Created in 2004, the association's pillar is the organization, coordination, strengthening and promotion of the national digital games industry through the representation and dialogue of the national and international ecosystem, building an understanding of all elements of the value chain.
Recently, Abragames produced relevant research on the Brazilian games industry that demonstrates the broad growth of the sector, in about 169%, in the last four years. In line with the expansion of the entire ecosystem, the fantasy game grew by around 9.5% in the last year, with the expectation of a global increase of 120% between 2020 and 2026.
“The association of Rei do Pitaco with Abragames is yet another recognition of the synergy of the fantasy industry with other game modalities and is due to the fact that it is an entity with legitimacy to represent the sector in general on several fronts, including the regulation, which will help in the development of the entire production chain in the country. The ideal is to provide more security for companies, developers and customers,” said Rafael Marchetti Marcondes, Chief Legal Officer of Rei do Pitaco.
Rei do Pitaco is a leading daily fantasy game platform through which users build lineups with players from professional football leagues and score according to the statistical performance of these athletes in real-life matches. Unlike competitors, Rei do Pitaco users compete for prizes at the end of each round.
The sportstech was founded in 2019 with the central purpose of bringing more fun and entertainment to the lives of those who love sport.
Source: GMB
