WA.Technology has announced that the company has obtained full certification and is ready to start regulated operations in Brazil, pending approval from its operating partners' own regulatory bodies.
The company has been recognized as one of Brazil's most sought-after platform providers, working with many of Brazil's leading operators and leading the development of some of the country's most popular sports betting and online casino offerings.
The company provides its partners with comprehensive igaming solutions through its WA.Platform, WA.Sports, WA.Casino, WA.Fantasy, and WA.Lottery verticals, covering casinos, sports betting, lotteries, and fantasy sports.
Currently, 113 operators have submitted license applications, and the regulated Brazilian market is expected to go live on January 1, 2025. The International Betting Integrity Association (IBIA) predicts that by 2028, Brazil's sports betting turnover will reach $34 billion, with domestic total revenue reaching $2.8 billion.
WA.Technology has obtained GLI-19 and GLI-33 certifications and is working closely with Brazilian regulators, having established a fully operational team in Brazil to support its new regulated partners.
Phyllyp Sedicias of WA.Technology, when asked whether he is ready to support the upcoming regulated operations in Brazil, said: "WA.Technology has been operating in the Brazilian market for many years. We understand the market and all its nuances and have successfully worked with some of Brazil's leading operators, always at the forefront of developing leading brands in Brazil.
"With our local expertise, we are poised to become one of the most popular platform providers in the market and enjoy an excellent reputation. We have all the necessary certifications, a good cooperative relationship with Brazilian authorities, and a level of local expertise that other platform providers cannot match."