Brazil’s first ever live casino studio is coming from Games Global and Spin Gaming.
The nation is a vital target market for many iGaming companies right now due to the fact that it launched its regulated online gambling market at the start of this year.
Live casino games among those that are becoming increasingly popular with local players as a result of the new regulations and operators are moving to take advantage..
And a new deal with Games Global and a locally run company called Spin Gaming means that a new live dealer studio has been confirmed for the key Brazilian city of Sao Paulo.
The first live casino dealers training academy in Brazil has also been founded by the firms.
Games Global Hails Landmark Deal
Ricardo Regner, the LatAm regional director for Games Global’s director, said the deal is a significant one for the company when it comes to building its operations in South America.
Commenting on the move, he described Brazil as a “dynamic, ever-evolving market”.
Regner also noted that it is vital to have a “local touch” when targeting the market, which is why Spin Gaming was brought on board for the development.
The Games Global executive highlighted the company’s future plans are tied to new markets such as Brazil, which is being targeted by a lot of iGaming companies from around the world.
This landmark deal with Spin Gaming not only highlights Games Global’s unwavering commitment to delivering tailored solutions to local markets,
but also highlights our drive to support iGaming infrastructure in emerging jurisdictions.
– he added.
Established three years ago, Games Global boasts a vast library of 1,300 proprietary games.
Games Global already has an office in Sao Paulo as part of its efforts to grow quickly in the South American market, while the company is also placing a strong focus on Peru.
Made By Brazilians
Local solutions are often valued across the iGaming sector and Spin Gaming said in a statement it is proud to have been on board with Games Global.
The company’s co-founder, Fred Ring, pointed out the solution was developed by locals.
He said:
We are proud to present a solution made in Brazil, by Brazilians, to international standards. Our studio is a benchmark in Latin America, and our team was trained at the country’s first dealer and game presenter academy.
Live casinos are often based in Eastern European countries, which helps to keep costs down for Gaming companies as their overheads tend to be a lot lower in this part of the world.
But by opting to set up Brazil’s first locally produced live casino, Spin Gaming is hoping the company will receive a welcome boost to its growing reputation, especially in South America.
Co-founder Ring added in a statement:
The partnership with Games Global allows us to leverage its extensive global iGaming expertise to streamline efficiency and elevate the overall quality of our offering as we continue our mission to become the local champion, a household name in the Brazilian live casino space.
Brazil A Key iGaming Market
Brazil is currently seen as one of the most important countries in the world for iGaming.
With a population in the region of 200 million and huge interest in sports such as football as well as online casino games, the industry could grow at a rapid rate in Brazil.
Aposta Ganha and Rei do Pitaco are among the locally owned companies looking to build quickly in Brazil, but they face competition from global giants such as Bet365 and Betsson.
Some political figures are also pushing for further regulation changes in the coming years.
Senator Irajá Abreu wants land-based casinos to be legalised in Brazil, with the politician stating that this move might be able to generate around BRL20 billion (US$3.7 billion) in taxes.
He has noted how bingo, casinos and jogo do bicho – a staple of Brazilian culture – are all operating in legal grey areas and could instead be helping to boost public finances.