Spinola Gaming, one of the leading authorities in lottery software, has announced new partnerships with Brazilian lottery operators, taking advantage of the lottery provider’s new LatAm focused solutions.
This move to take on the LatAm market, specifically in Brazil, came at the end of 2020, with lots of excitement coming from new regulations and the Brazilian lottery market‘opening its doors to new providers. Spinola Gaming envisions the LatAm market to grow exponentially over the next three to five years, with studies suggesting that once Brazil has become a regulated market it should occupy third place in the global industry.
Given regulators in Brazil removing the country-wide lottery monopoly and the expectation of regulations to legalise fixed odds sports betting as a form of lottery, Brazil is expected to become a huge contender in the igaming race in LatAm.
