Latest News
Disposable Income and Quality of Games Main Reason People Gamble
A recent casino study highlights that as disposable income increases among the population, so does the participation in online gaming. This correlation suggests that economic growth directly contributes to the expansion of the gambling sector in Brazil.
Also, the quality and excitement of casino games serve as the biggest motivator, attracting players to spend their free time playing either lottery or casino games. This unique combination of financial capability and game quality drives the gambling behavior in Brazil, marking a trend that intertwines economic conditions with entertainment choices.
According to 7JP, gamblers in Brazil are motivated by different factors, among which disposable income and game quality emerge as paramount. The thrill of the gamble, the accessibility of online and offline gaming opportunities, and the perception of fairness play pivotal roles in attracting players.
Notably, 48% of participants cited their budget or disposable income as the biggest motivator, and 40% play for the thrill of the activity itself, while 31% were drawn by the quality of games. This data underscores the multifaceted motivations behind gambling activities, where economic factors blend with the pursuit of entertainment, highlighting a broad spectrum of incentives that fuel the gambling market in Brazil.
These are the other motivators to gamble:
- The thrill of playing is an exciting form of entertainment: 40%
- The quality of games (online content): 31%
- The regulation and legality of games in local currency: 24%
- Availability of gambling opportunities (online and offline): 23%
- Ads and promotions I see/hear: 20%
- The perception of the fairness of a gambling option or operator: 17%
- Recommendation from friends/family: 25%
According to recent Statista.com gambling data, the lottery reigns supreme with a staggering 58% of active gamers participating in 2023. Mega-Sena, the country’s largest national lottery, epitomizes the popularity of lottery games.
Following lottery games, sports betting and Jogo do bicho hold significant sway among gamblers, with participation rates of 32% and 29%, respectively. This distribution of preferences reveals a diverse gambling landscape in Brazil, where traditional games like the lottery coexist with sports betting, each attracting a distinct segment of the population
Players in Brazil are spending more on online games and gambling as they have more money to spare. What really draws them in are the fun and high-quality games offered by casinos and lotteries. It’s not just about having extra cash; the excitement of the games plays a big part too.
Latest News
Bulletin from Kambi Group plc’s Extraordinary General Meeting of 18 November 2024
Kambi Group plc held an Extraordinary General Meeting on the 18 November 2024 at Kambi, Hälsingegatan 38, 113 43 Stockholm, Sweden
Two resolutions were presented to the Meeting, namely (i) resolution A, being an ordinary resolution, and (ii) resolution B, being an extraordinary resolution.
Resolution A was approved, and accordingly the cancellation, on or after the 26 November 2024, of 1,374,678 ordinary ‘B’ shares having a nominal value of €0.003 each that the Company holds in itself, pursuant to article 106(6) of the Companies Act, Chapter 386 of the Laws of Malta, was approved.
The extraordinary resolution, namely resolution B, obtained one majority of two required in terms of Article 135(1) of the Companies Act (Chapter 386 of the Laws of Malta, the “Companies Act”), and in terms of Articles 48B.2(b) of the Articles of Association of the Company (the “Articles”). To this end, an Extraordinary General Meeting is being convened within 30 days of today’s Meeting, as per the proviso to each of Article 135(1) of the Companies Act, and Article 48B.2(b) of the Articles, to take a fresh vote on the proposed resolutions.
By order of the Board
eSports
Rootz Announces First Wildz Invitational Esports Tournament
Wildz is proud to officially announce our entry into the Counter-Strike 2 community by hosting the Wildz Invitational tournament, featuring a substantial prize pool of €25,000. This tournament, organized in partnership with Alliance and Challengermode, is open to all teams across Europe in the coming month of December.
Wildz Invitational tournament structure:
Invited Teams: 4 teams will be directly invited to compete in the playoffs stage
Open Qualifiers: Two online qualifiers, where the top 2 teams from each qualifier will secure spots in the playoffs
Playoffs: All 8 teams will face off over an intense 2 day battle
Format: All matches will be played online on the Challengermode platform to ensure accessibility for all participants.
We invite all EU teams to showcase their skills and compete for the title of being the first Wildz Champions, with a first-place prize of €16,250. Sign up now!
Open to all European teams
Qualifiers will be played as a single-elimination bracket. All matches will be BO1.
Playoffs information:
Playoffs Day #1: 21st Dec, start from 15:00 CET
Playoffs Day #2: 22nd Dec, start from 15:00 CET
Playoffs will be played as a single-elimination bracket. All matches will be BO3.
Total prize pool of €25,000 distribution:
1st place: €16,250
2nd place: €6,250
3rd place: €2,500
“We at Wildz have been huge fans of Counter-Strike for many years. When the opportunity arose, everyone at Wildz jumped at the idea of being able to sponsor and host a tournament to showcase Europe’s top CS teams,” shares Nathan Bonello, Esports Specialist at Wildz. “This is just the first of many Wildz esports activities to come, we hope that the CS players and fans worldwide can enjoy our first-ever Wildz Invitational tournament together. May the best team win!”
Greece
HIGHLIGHT GAMES ANNOUNCES GREEK RIGHTS EXTENSION
London-based video virtuals and instant win games specialist Highlight Games Limited today announces that it has secured a significant extension to its exclusive rights agreement to use archive Greek Super League footage in its betting products.
Highlight’s Greek SOCCERBET game includes archive footage from some of the Greek Super League’s most famous and iconic clubs including: AEK Athens, Aris Thessaloniki, Asteras T, Atromitos, Giannina, Olympiakos, Levadiakos, Panathinaikos, Panionios, PAOK Salonika, Platanias and Xanti.
Steven Holmes, CEO, Highlight Games said: ‘I’m delighted to announce yet another exclusive rights extension for Highlight Games. Our Greek SOCCERBET game has proven to be incredibly popular with players and it’s a testament to our ongoing relationships and quality product portfolio that we’re able to continue to deliver this exclusive content to our valued customers.’
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