GLI explained the opportunities of the region in SBC Digital Summit Latin America
(Latin America, SoloAzar Exclusive).- Karen Sierra, GLI Director for Latin America and the Caribbean, and Georges Didier, Latin America Government Relations and Business Development Representative for GLI, talked in exclusive to SoloAzar about the participation of the lab at recent SBC Digital Summit Latin America.
How have you seen this first edition of SBC Digital Summit Latin America?
First of all, we want to thank the organizers of the SBC Digital Summit and Macarena Rodicio for allowing us to be part of this event as speakers, which was very well received by different industry executives. In this time of crisis where participating in conferences in person is impossible, it is vital to stay updated and connected with the industry through these types of events.
We applaud the creation of this event exclusively for the region and from our perspective, both the organization, the themes and the panelists were very well selected and provided valuable information for the industry. Latin America is a region that is growing and it is important that we are all involved in this boom and make it continue to grow, with clear, solid regulations that provide stability to the activity.
Which have been the highlights of your intervention at the conference: New markets and opportunities: Revision of the regulatory developments?
Our participation was basically to provide information on some jurisdictions in the region in which we identified opportunities for either new business or new recently introduced gaming verticals; both for operators and content developers. This time we could only give some key points about the opportunities in Puerto Rico, Brazil, Panama, Buenos Aires, Argentina, Colombia, Peru and Paraguay since the panel lasted 20 minutes, but if someone requires more information, they can Contact us and see how we can work together on your projects.
How do you see the market in general in this situation we have to live on a global level?
The gaming industry in general has been affected; physical casinos have had to close their doors, sports betting sites and venues had very few events to offer, however, new business verticals grew, such as virtual sports, casino games, live casino, among others. Operators have had to act quickly to get around this crisis, adapting or updating their business models to cover unmet demand. On the other hand, we have regulators who have taken advantage of the situation and have generated new regulations, but this is a process that must be carried out appropriately and takes some time, so its results will only be seen in the coming months.
The reactivation of the sector will take place progressively, implementing measures that not only ensure the health of people (employees, players, etc.), but also ensure the profitability of the business, which generates resources for the jurisdiction.
At GLI we continue to walk with our clients, supporting them in their auditing and certification processes as well as consulting to guide them in what is required to enter the jurisdictions of the region with certainty and success. We are grateful for the trust you continue to place in our work. Collaboration is the key and we will always be here to support our industry.