Playmaker Capital Inc.’s Largest Audience Market of Brazil Progresses Towards Sports Betting Regulation
July 26 2023 - 10:00AM
Business Wire
Playmaker Capital Inc. (TSX-V: PMKR) (“the Company” or
“Playmaker”), the digital sports media company that delivers
authentic content experiences through its portfolio of sports media
brands, is pleased to announce its support of Brazil’s decision to
formally sign the Provisional Measure that will regulate sports
betting in the country.
Effective immediately, the executive order will initiate the
taxation of sports betting operators’ revenue generated in Brazil,
resulting in a safe and competitive sports betting market in Latin
America's most populous country. Brazil is Playmaker’s largest and
most engaged audience in Latin America. Through Futbol Sites,
Playmaker owns and operates sports media brands, Bolavip,
Fanaticos, and Antenados no Futebol, which rank as the first,
second, and 11th most-visited sports websites in Brazil.1 In 2022,
Bolavip Brazil generated more than one billion web sessions.
Additionally, Bolavip and Fanaticos collectively have 26 million
followers across all major social media channels.
Per Similarweb data, Brazil was the number one ranked country
for sports betting related web visits between January 2021 and
October 2022, representing approximately 10.5% of the world’s
traffic share for the category.2 With interest in sports betting
continuing to gain momentum in Brazil, the country has the
potential to become one of the largest sports betting markets
globally. As the digital sports media leader in Brazil, Playmaker
is a key partner to sports betting operators vying to add
customers. In the past year, Futbol Sites’ lineup of
consumer-facing media brands have executed numerous direct
campaigns with sports betting operators in the form of odds
widgets, branded content, contextual odds and more.
“This is a momentous development in the continued evolution of
sports betting across the Americas,” said Jordan Gnat, Playmaker
CEO. “As the largest digital sports media group in Brazil, we are
committed to driving the growth of sports betting in the country.
Today marks a new beginning of this industry in Brazil, and we are
incredibly excited to leverage our position in the market and our
ability to deliver for sports betting operators in Brazil.”
TSX VENTURE EXCHANGE DISCLAIMER Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
ABOUT PLAYMAKER CAPITAL INC. Playmaker (TSX-V: PMKR; OTC:
PMKRF) is a digital sports media company that acquires and
integrates premier fan-centric media brands, curated to deliver
highly engaged audiences of sports fans to tier one advertisers,
online sports betting operators, and sports federations and
leagues. Leveraging its in-house technology stack, Bench, and with
a 360-degree view of sports fans, Playmaker delivers authentic
digital content experiences for sports fans and best-in-class
results for its partners across the Americas.
For more information, visit: http://www.playmaker.fans or
contact Playmaker Chief Executive Officer Jordan Gnat via email
jgnat@playmaker.fans. |T: (416) 815-4993.
To sign up for Playmaker’s Investor Alerts, visit:
playmaker.fans/investors.
1 June 2023, Comscore, Sports, Brazil, Web Visits 2 14 November
2022, Games Magazine Brazil & Similar Web
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230726749790/en/
MEDIA CONTACT Elias Blahacek – E: elias@playmaker.fans |
T: (416)-254-4345
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