Playtech Releases Updated Report on LatAm Responsible Gambling Practices

Playtech, a top-tier provider of online casino games, is excited to launch its e-book about the flourishing gambling sector in the Latin American region. This book gives a deep understanding of public expectations and interests, as well as expert insight into responsible gaming in the area.

Playtech's most recent Responsible Gambling Report emphasizes the company's dedication to secure and fair gambling practices, setting international industry standards. This edition features essential modifications and highlights the outcomes of a thorough survey among 2,500 individuals in the LatAm region. 

The company says the analysis features invaluable input from the following countries:

• Argentina
• Brazil
• Chile
• Colombia

Playtech has uncovered meaningful consumer insights, underscoring the need for a more secure gambling environment. The report reveals a need for stricter regulations to guarantee responsible and safe online gaming experiences. Players in Latin America have shown a heightened awareness of player protection, fair play, and responsible gaming practices, leading to increased calls for stricter guidelines.

The software developer says it's paying close attention to these concerns and is devoted to driving the industry forward by working closely with regulators, industry stakeholders, and online casino operators to create solid frameworks that prioritize the safety and welfare of players.

Playtech's commitment is shown through Playtech Protect, a comprehensive platform that combines the company's responsible gambling and regulatory compliance resources, services, and ideas. Moreover, this platform includes technologies such as BetBuddy, a highly-advanced Artificial Intelligence (AI) powered tool that studies players' behavior to protect high-risk gamers.

This report comes when Playtech enjoys strong growth in its B2C and B2B departments. The company has also been busy releasing new online casino games, including Jumanji The Bonus Level. This title delivers a unique live gaming session backed up by the experiences of Jumanji, a top-performing Hollywood movie.

Official Statement

Mor Weizer, Playtech's CEO, said:

"As the Latin American sports betting market experiences remarkable growth, it is crucial for our industry to seize this opportunity while prioritizing player safety and security. By harnessing cutting-edge technologies, we can create a secure environment that meets the evolving needs of our customers. At Playtech, we are committed to guiding markets in regulatory matters, pioneering innovative player protection technologies, and collaborating with industry peers.

“Our tireless efforts are driven by the invaluable insights gathered from our comprehensive study, enabling us to continuously enhance our tools and solutions based on the preferences expressed by individuals surveyed. Together, we are shaping the future of online gambling, fostering responsible gaming practices, and delivering an exceptional experience for players throughout Latin America.”

Charmaine Hogan, Head of Regulatory Affairs at Playtech, added:

"Highlighting the importance of transparency in online betting is crucial for the well-being of both users and service providers, as it cultivates a sense of security within the digital environment. Government participation plays a vital role in achieving this objective, as indicated by the insights from our report.

"Since it was first released in 2022, this report has been updated in response to the growing potential for market expansion and the increasing need to advocate for improved conditions in the industry. We are responsible for approaching this opportunity with diligence and promoting regulatory measures that ensure a safe and responsible betting experience for all."