Only Weeks Away, The Brazilian Gaming Congress Couldn’t Come at a Better Time
Published November 11, 2016 by Lee R
It’s time to unveil Brazil’s new model to the world.
With regulation in the largest country in South America imminent, Brazil remains an enigma.
Solving the Puzzle
Not for much longer: on Monday, November 21st, the Brazilian Gaming Congress is going to get to work filling in the blanks for the iGaming industry with a comprehensive series of brief, information-packed sessions with distinct relevant themes to the region and tailor-made for operator license applicants.
Brazil’s New Regulations
BGC’s very first full session will kick off a law and regulation update addressing bills in place in Brazil within Brazil’s political process; the likelihood of various forms of gambling to be legalised and regulated; the treatment of current unlicensed operators; suitability requirements in the new framework for emerging operators; and provisions for enforcement to combat illegal gambling. The session will be expertly led by Luiz Felipe Maia, Founding partner, FYMSA-FRANCO, YOSHIYASU, MAIA, SIMÕES & D’ALESSIO ADVOGADOS.
Effective Strategy Revealed
Another important session is a discussion of the most effective market entry strategies based on the licensing options. This session will provide a model for the ideal regulatory agency for gambling in Brazil, including key requirements, considerations, tools and people; provide all possible scenarios to prepare; a look at key requirements of the Central Monitoring System and reporting; and the amount of operators allowed in both land-based and online gaming scenarios.
Establishing Stability, Sustainability
Obviously, entry is not going to be easy. The achievement of stability will be examined through an experts-led session preparing investors and operators alike for sufficient license duration to make their iGaming businesses viable. This proactive session will be led by an intermeshing group of three local and global gaming experts Fabio Ferreira Kujawski, Partner, Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados; and Pablo Espuela, International Business Development Manager at Luckia; and Ed Bowers, Senior Vice President Global Gaming Development of MGM Resorts International.
Diverse Theme Package
These are just a few of the many sessions that will transform the vast and valuable Brazilian market from a mystery to operators into a transparent landscape where an optimized proactive opening strategy can be prepared and promptly implemented in a market landscape where iGaming is perhaps most overdue.
