September 13, 2022 Legal, Online, LatAm

Pariplay gains approval to operate in Panama

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The NeoGames subsidiary has made serious inroads into the LatAm market.

Pariplay, a subsidiary of NeoGames, has gained approval to supply its services in Panama from the nation’s Gaming Approval Board. This further expands its Latin American presence, following its approval as a registered supplier for the regulated market of Buenos Aires, Argentina.

As a registered supplier in Panama, Pariplay will be allowed to offer its Fusion aggregation platform to locally licensed operators. Fusion gives operators access to all gaming verticals through single API integration, including sportsbook, instant games, bingo, poker and virtual sports.

The aggregation platform also enables operators to activate a set of gamification and player retention tools. These can be applied across all studios and casino games while running independently and at no cost for Pariplay’s LatAm partner operators. The portfolio of games hosted on Fusion comprises 14,000 titles from over 80 providers.

As well as Argentina, NeoGames has also made similar moves in Mexico and Colombia with Pariplay, seeing its subsidiary as a gateway into the LatAm market.

Pariplay managing director Adrian Bailer commented: “The LatAm region is quickly growing, offering lucrative opportunities for Pariplay to introduce our products and content to new markets. “We see LatAm, including Panama, as a key focus for us going forward and are certain that our top-performing slots library and ample verticals offering will resonate well with local players.”

Bailer’s colleague Jorge L Morales, Pariplay’s director for LatAm and the Caribbean, agrees with this sentiment. Morales remarks: “This approval to operate in Panama is the latest in a string of regulatory green lights that have seen us significantly expand our presence in LatAm. It is an exciting time for us as we have ambitious plans for Panama, and I look forward to working together with local operators to offer our games to their customers.”

 

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