Fazi Secures Operating Licence in Brazil
In addition to its Latin American expansion, Fazi partnered with NetBet in Greece last December, helping the operator establish a presence in that market.
Fazi, part of the Novomatic Group, is set to introduce its online gaming portfolio to a selection of local operators in Brazil thanks to securing certification, marking its first entry into Latin America’s largest market. This move builds on Fazi’s strategic growth across the LatAm region, including the recent launch of its Mega Pay machines in Colombia.
In addition to its Latin American expansion, Fazi partnered with NetBet in Greece last December, helping the operator establish a presence in that market. The company also formed an alliance with Reevo, gaining access to its in-house studio and broadening its content reach.
In response to this latest venture, a Fazi spokesperson stated:
"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.”
Following the Brazilian Chamber of Deputies' approval of a bill to regulate online gambling and sports betting in December 2023, Brazil is navigating its journey toward a fully regulated market. Notably, Sportradar and the IBIA also signed a betting-integrity partnership with Brazil’s Ministry of Finance, underscoring the industry's commitment to integrity.
