Chilli Partners’ Post

Have you noticed striking similarities between different iGaming sectors?   Like express bets and lotteries? If you're familiar with sports betting, you probably know what the "express" feature means. It involves betting on multiple events or outcomes (like numbers or combinations in lotteries). The exciting part is that it can lead to substantial winnings because the odds for all your bets are multiplied. Large winnings are also a possible outcome of the lotteries. The potential for big payouts is attracting players of all categories.  The second similarity is that it's straightforward and familiar to people. Express bets are typically placed before the sports event starts, during prematch. Just the way a classic lottery works, which most people are already familiar with. On top of that, trends show us that both express betting and lotteries are popular in regions like Latin America and Africa. It's entertaining to find common threads where we least expect them. #turbogames #provablyfairgamesprovider #slotsprovider #casinogamesprovider #Instantgames #casino #igaming #b2b

The prospects for the iGaming industry in Brazil – the #1 market in Latam – are extraordinary; the segment rises at a CAGR of 49% per year, the highest in the region. Brazil had a betting volume of US$ 6.7 in 2023, which should grow all the way to US$ 22 billion by 2026. In 2023, the Provisional Measure 1182/23 regulated the activities listed in Brazil’s 2018 Sports Betting Law, formally bringing this legislation into effect and granting the betting industry a license to operate in the country. Sports betting represents the largest share of the iGaming market in Brazil. keep reading to understand more about the regulatory landscape for betting in Latin America!! #igaming #onlinlebetting #onlinegambling #ndoglobal

7 out of 10 people in Brazil are placing bets, Almost half of them choose to play one thing. 68% of Brazilians are into gambling, and the lottery is the clear favorite, with 47% of people saying they prefer it. Right behind it are: - Raffles (25%) - Sports betting (11%) - Bingo (10%) - Online casinos (8%) - Jogo do Bicho (5%) - Slots (1%) This data comes from a Hibou survey on the profiles of bettors; you'll find the link in the comment below. I was surprised to see sports betting only at 11%, considering how hyped it is in Brazil right now. Tell me what numbers surprised you the most! #turbostars #turboplatform #turbogames #turbosportsbook #igamingsolutions #instantgames

Our CEO Alexander Simeonidis and COO Jens Alén are attending the #SBCSummit in Lisbon this week! If you’re there, make sure to connect with them to explore how we can revolutionize your sports coverage with our cutting-edge data solutions. Don’t miss the opportunity to say hello and dive into what RoninSport.io has to offer! #SBCSummit #SportsTech #iGaming #SportsData #RoninSport

Get ready to sizzle, because Brazil is THE hottest frontier for the betting industry right now! 🇧🇷 Brace yourselves as SBC Rio takes the stage, marking the first iGaming extravaganza post the green light on sports betting regulation in the country. Picture this: key industry bigwigs, giants of the game, stakeholders, and the fabulous Wooeen Cashback crew – we're all in on the action! It's not just business; it's a carnival of opportunities for networking and sealing those game-changing deals. Oh, did we mention it's happening in Rio de Janeiro? Cue the beach vibes, clinking caipirinhas, and parties that could make Carnival jealous! 🏖️🍹🎉 And hey, if you're still scratching your head wondering, "What the Wooeen is this all about?" Fear not, amigo! Schedule a pow-wow with me, and I'll spill the beans. Rio awaits, and so does the thrill of new encounters and hot deals. Let's make waves in the industry – Rio style! 🚀🥳

Big News from BetMGM!!!

ICE London: Brazil’s first regulated sports betting and igaming operators to be live by July; first licensees to be announced in March https://lnkd.in/dd_kvq7E The regulated sports betting and online casino market in Brazil is expected to be live by July, with the first licensees likely to be revealed...

Get ready for the Brazilian iGaming boom. Forecasts predict explosive revenue growth with legalization, a mobile-first future for betting, and a dynamic market ripe for innovation. 📈🇧🇷🚀 Don't miss out on this exciting opportunity - jump in and be a part of Brazil's booming iGaming revolution with the industry's online gaining partner, QWERTYLABS! #iGamingBrazil #MarketTrends #iGamingBrazil #iGamingSEO #QWERTYLABS

Bets in Brazil keep growing and it is consolidating itself as one of the global leaders in the sector! 📈🌍 A recent study by Comscore revealed that our country was the third largest consumer of online betting in 2023, behind only the United States and the United Kingdom, markets already established in the iGaming scene. This data represents the growing interest of Brazilians in this exciting form of entertainment. #SuperAfiliados #SportsBetting #Brazil #Growth

This week in #GIFriday: Macau this week released its December 2023 figures, with gross monthly revenue up 433% and yearly cumulative gross income of MOP$183.1bn. Elsewhere, sports betting and iGaming regulation has now been written into law in Brazil after a long, some might say overdue, process of attempting to implement it. Guest interview with Ville Venojärvi, Vice President, Lottery Products at Veikkaus Oy. Swipe ⬅️ to read. #gamingnews #gamingindustry #gamblingnews #gamblingindustry