Tiago Almeida, the CEO of Lisbon-based igaming consultancy eGamingServices, believes the market in Brazil is ripe with potential with regulation in place.
Speaking on a panel at the Brazilian Gaming Congress last month, Almeida set out his vision of a country that is “alive, vibrant and ready to receive good projects.”
During the event, to discuss new trends in the sector, Almeida also emphasised the importance of an independent regulator to oversee igaming.
“The most important thing is that the regulatory agency should have the necessary power to issue an unlimited number of licenses, at a reasonable price and a tax burden that makes sense,” Almeida said.
“More than ever, it is necessary to create conditions for the legalisation of a new business climate in Brazil. One that envelops everyone, to do more and better. That it offers fair conditions of business development and social responsibility.
“At eGamingServices, each event is a new opportunity for networking and developing business relationships. We approach these events not only because of commercial opportunities, but also as spaces where we can find new partners that add value to the service we provide to our clients, which are the betting sites.
“We embrace and applaud the theme of the fair, which this year is ‘Fortifying Roots’. In all the contacts we make with online betting operators, the regulatory issue in Brazil is present. We believe it is essential to discuss this issue at the event and share our vision. Only with a fair and accessible tax ecosystem for open investment will the game prosper in Brazil.”
