This Week’s iGaming Update with WA.Technology

February 16, 2024

Welcome to WA.Technology’s weekly iGaming news, a carefully chosen selection of sports betting and online casino newsbites from around the world. Sit back, relax, and enjoy!

Brazil Amazonas Advances State Lottery Implementation

The Government of Amazonas has contracted Social Solutions Tecnologia to conduct technical studies for the launch of state lotteries, with a completion timeline of one year. This move follows the approval of Law 5,749 in December 2021, legalising state lotteries to generate non-tax revenue to support socially significant initiatives. 

The study will explore the optimal structuring and operational approach for the lottery across Amazonas' 62 municipalities, assessing technical, financial, and risk aspects. The State Department of Finance (Sefaz) will oversee the management and execution of the lotteries, including awarding a public concession through competitive bidding. This initiative is anticipated to drive economic development and enhance public policies in Amazonas's health and safety sectors.

Study Reveals Female Bettor Increase in Brazil

A recent study sheds light on the distribution between men and women among online bettors in the country, revealing that 16.8% of Brazilian bettors are female. The research highlights that for every six bettors, one is female, showing a significant female presence in the Brazilian betting community. 

The study also provides detailed demographics, showing that most bettors are between 30 and 39 years old, with a significant portion having completed high school. Regarding betting frequency, 41% of respondents bet two to four times a week, unsurprisingly football being the preferred sport. The research indicates growth in the relationship between women and sports betting in Latam, suggesting that targeted advertising and investments in women's sports could enhance brand empathy and attract new customers. 

Optimism in Mexican Gaming Industry Amid Legislative Change

The Mexican gaming industry, represented by AIEJA, remains optimistic about its prospects. AIEJA President Miguel Ángel Ochoa, speaking at ICE London 2024, conveyed a reassuring message to potential investors, emphasising the industry's significant economic impact, including generating 200,000 jobs and contributing MX$12,000 million to public finances annually. 

Ochoa highlighted the global interest in Mexico's gaming sector, with over 100 potential investors ready to contribute. He stressed the need for a modernised Gaming Law to replace the outdated 1947 legislation. Despite recent regulatory hurdles, AIEJA has successfully advocated for protective measures, ensuring operational continuity for gaming entities. This resilience is celebrated at the forthcoming IV International Gaming Convention in Mexico City, symbolising the industry's promising future.

SiGMA Eurasia Summit 2024: A Networking Hub in Dubai

SiGMA Eurasia 2024 is drawing near and is set to take place in Dubai from February 25-27. With 600 sponsors and exhibitors, 15,500 delegates, and 400 speakers, the summit promises an ideal opportunity for networking and learning in the beautiful city of Dubai. The event is uniquely positioned alongside Affiliate World, enhancing its appeal to a wide range of professionals.

Attendees can look forward to meeting top government officials, participating in two cultural networking tours, and enjoying a VIP Formula 1 retreat in Bahrain. The agenda includes two startup pitches, fifteen networking dinners, two parties, and three Gala Awards with celebrity guests. Dubai's status as a global business hub will facilitate bold business discussions and connections among leading business thinkers. 

6th Annual EKG Slot Awards Set for Las Vegas

Eilers & Krejcik Gaming will present the 6th Annual EKG Slot Awards on February 29, 2024, at the Cosmopolitan of Las Vegas. February 29 only comes around once every four years, making it the ideal date to celebrate the unique appeal of slot games with an award ceremony celebrating their excellence! 

The event celebrates the best in slot game development with a cocktail reception and networking dinner preceding the awards show. Hosted by gaming influencer Brian Christopher, the awards recognise achievements across various categories. The selection process combines EKG's proprietary data with input from slot managers and industry experts, ensuring a comprehensive evaluation of accomplishments. EKG's event promises to be a night of recognition for success in the sector.

WA.Technology Weekly

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