Fazi Secures Key Brazilian License
iGaming provider Fazi has obtained full certification and licensing in the regulated Brazilian market.
Fazi obtains full Brazilian certification and licensing.
LISTEN TO THIS ARTICLE:With the Brazilian license secured, Fazi is poised to expand its online gaming presence and bring its diverse portfolio of gaming products to local operators. The company offers an extensive library of over 160 high-quality casino games, accessible in more than 50 regulated jurisdictions globally.
Fazi's Brazilian market entry follows a series of bold LatAm moves, including its Colombian foray with Mega Pay, positioning the company for continued regional growth.
The Novomatic Group subsidiary's South American drive is complemented by strategic European partnerships, including a Greek market debut with NetBet in December and a content deal with Reevo.
Last month, Fazi signed a content deal with Atlaslive, a B2B iGaming software provider. Under the agreement, the Fazi portfolio will be integrated into the Atlaslive iGaming platform.
Securing certification in Brazil is a pivotal step in our growth strategy for the region. We are excited to bring our proven gaming solutions to the market and look forward to building lasting partnerships here.
More Business News
Brazil’s Gaming Revolution Takes Shape
Brazil is set to launch its iGaming and sports betting markets by January 2025. Over 90 tier 1 gaming operators have been pre-approved to receive gaming licenses under the new gambling framework.
The process started in December 2023 when the Chamber of Deputies approved a bill regulating online gambling and sports betting.
Ahead of its market's highly anticipated opening, Brazilian authorities have launched a sweeping effort to expel unlicensed betting firms. The government plans to close down more than 2,000 illegal gaming websites before next year.
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