"Online gaming regulation is a process that is reaching Latin America"

What products is the firm presenting in SAGSE this year?

We are in a joint presentation in this booth with Videobet, our Server-based gaming subsidiary, our offer for traditional casino markets, with machines ready to be connected to servers, and we are presenting traditional Playtech products, which is the online casino platform and its centralized administration system, the community network for online bingo, and gaming platforms such as cell phones and obviously our poker network – the biggest independent network of the worldwide market. We are also innovating with the new presentation, unlike last year, of mix -tv, a product that also allows TV bets.

How did you see SAGSE event?

It is extremely positive. SAGSE achieved to exhibit a positive vision of the Latin American market in general, and especially in Argentina, which is one of the most important sectors in the Latin American market, and which is already giving the first steps to online gaming regularization. It leads us to be present as a public company, with a software that is already being approved in Spain. It was also chosen by Italy, China and all the markets that intend to have an online gaming legislation,

and the technology profile they are searching for is the one of Playtech: public, robust, transparent and dominant in the regulatory field in all Europe, so it was important for us to be focused in the opportunities of local providers interested on the matter.

Well, and talking about that… What are the perspectives for the Latin American markets?

Latin American markets are currently being operated in a remote way by international operators, and they are realizing, as the European market did in the past, that local operators of traditional casinos are affected by it.

Local licenses might be granted to international operators, but they could also bring place to local casino operators, that already have an investment that allows to expand its business, because they are generating jobs and transactions, anyway.

The fact of not regulating is leaving the local market outside and the player without protection, and that is not something that the regulator should allow for much more time, and the necessary efforts should be performed to keep gaming in the European regularization standards, adapting to the local market and its unique needs.

It is a process that is being performed and will continue worldwide. I have no doubt that Argentina will do it, as well as the rest of Latin America. Technology already exists to solve the possible jurisdictional requirements, and they are our specialty.