he Cyprus-based company took part in the latest edition of SAGSE in Buenos Aires, Argentina, one of the largest gaming events in the region. During the trade show, Peter Korpusenko, CEO of TVBET, spoke with Yogonet about the company’s live games as well as their expansion plans in Argentina and the rest of the jurisdictions in Latin America.
"We were really excited to be at SAGSE; we got lots of different contacts from here," Korpusenko said. "In the future, I think we are going to participate in lots of different exhibitions in LatAm to show our products and to expand in this market."
Korpusenko explained that the company did not enter the Latin American market before because of the technical problems the Internet had, but now, they are able to stream their live games with high quality in the region. "The market is ready, so we are coming," he said.
The company made some adaptations for the LatAm market, for example, a roulette with a wheel featuring animals. "We have some products that are really popular in LatAm. Our goal is to provide Latin American bookmakers those products which are popular in this region. We have the classical WheelBet, our live game, and we are ready to adapt this game and make the wheel with animals to give the LatAm market the exact product they want."
According to Korpusenko, during SAGSE, several partners have asked them to prepare such game and to stream it for them. "We have received really great feedback from operators in LatAm and several requests from partners who want to become our resellers in countries such as Peru, Argentina, Mexico, and Colombia."
The CEO also said the company offers an additional service to help bookmakers deal with seasonality. "Our live games don't depend on seasonality at all, our product is stable," he explained. "The bookmaker will earn money every month, a fixed sum."
According to Korpusenko, there is an increasing tendency that players don't want to wait for the final result of a match. "Because our live games are updated every minute, players don't need to wait until the end of a football match to get their money, they can place bets at all times. The speed of our live games help bookmakers boost their turnover and profit growth," Korpusenko concluded.