Playtech targets B2B leadership in Brazil despite onboarding pressures
Playtech expects to take a B2B leadership position in Brazil and estimates it already leads the market in onboarding services, CEO Mor Weizer said during the company’s H1 earnings call. Weizer said partners faced strict onboarding and KYC requirements, while Playtech’s Brazil operations recorded August GGR at the level seen before regulation; the company plans further investment in the market in the second half of the year.
Brazilian operators’ onboarding conditions and Playtech’s planned investment could affect supplier volumes and market positioning.