Ortiz Gaming Strategically Plans for Gaming Legalization in Brazil
Tuesday 17 de May 2016 / 00:00
⏱ 2 min read
(Boca Raton, FL – USA / Brasilia, Brazil).- Ortiz Gaming, a multinational manufacturer, gaming developer and leader in video bingo content for land-based, social and online gaming, sponsored the Brasilian Gaming Congress (BgC) last week at the Windsor Plaza Hotel, in Brasilia. The BgC addressed the many facets along the route to the future legalization of gaming in Brazil.
Ortiz Gaming executives attended the event as the company strategically begins to follow the route set by the government for legalization. Two important attendees at the event were Ortiz Gaming’s Founder, Alejandro Ortiz, and President Maurilio Silva, as Ortiz Gaming is preparing for the opening and operation of all states in the Brazilian market. Ortiz Gaming itself is known globally for their video bingo gaming machines and currently has a strong presence in Brazil, through social games. The company and its executives know the market and its demographics, and is ready to follow and support the laws being implemented by the country’s government.
“We know that this process will not happen overnight, which is more of a reason to support the Brazilian government and industry through this development,” stated Alejandro Ortiz, founder of Ortiz Gaming. “We have seen the lift that responsible gaming can have on a country’s economic wellbeing, and this is something Ortiz Gaming supports for Brazil. Legalized Gaming in all states in Brazil will create jobs, increase global tourism to the country and generate possibly billions in taxes. This is money that each state can use to support their communities and the growth of the country overall,” concluded Mr. Ortiz.
The BgC event was a significant starting point to the legalization of gaming in Brazil, bringing clarity and confidence to this future market, allowing companies like Ortiz Gaming to prepare for the journey of legalization and operation in all states in Brazil. With a strong regulatory framework in Brazil, analysts have already estimated it will make a significant financial impact for the country.
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