Quixant and Novatrade forge strategic partnership to drive Brazilian gaming and sports betting industry growth

This collaboration positions Quixant to better support its customers in the rapidly evolving Brazilian market, as sports betting and online gaming are legalized. By leveraging Novatrade’s expertise, Quixant’s customers will gain a significant market advantage, enabling them to be among the first to launch their games in Brazil when the market is legalised, thereby capturing early market share and maximizing growth opportunities.

With Brazil set to become a central player in the thriving Latin American gaming and sports betting industry, Quixant and Novatrade are joining forces to provide unparalleled support to organizations entering the Brazilian market. Leveraging their combined expertise, the two industry leaders will ensure seamless operational processes, reliable product delivery, and exceptional customer service for Quixant’s customers.

Brazil’s gaming and sports betting market is on the brink of significant change, with the online and sports betting markets to be legalised on January 1st, 2025. Additionally, the bill (PL 2234/2022) concerning land-based gaming is expected to be voted on in the coming weeks. Despite some budgetary concerns, the government has secured enough support to move forward with the bill, signalling a strong push to expand the entire gaming industry.

In this rapidly evolving regulatory landscape, Quixant’s innovative hardware platforms and embedded Software Suite solutions are ready to empower Brazilian game and sports betting manufacturers to create top-tier customer experiences, giving them a competitive edge in the burgeoning market. Novatrade’s local presence and deep understanding of market dynamics will further ensure efficient distribution and local support for Quixant’s customers.

By combining Quixant’s technological prowess with Novatrade’s in-depth market expertise and operational solutions – that address and overcome the challenges of international expansion in Brazil – customers can expect faster access to products and be empowered to deliver the ultimate customer experience. Whether customers require seamless integration, reliable product delivery, or responsive customer support, this collaboration sets a new standard for excellence.

Quixant now offer a range of options to support its customers’ import needs in Brazil, tailored to their specific requirements. As a Brazilian Importer of Record, Novatrade enables Quixant to store products in a bonded warehouse, providing faster access and accelerating market entry. Customers can choose from fully supported imports, where Novatrade manages customs clearance with their RADAR permit, or partially supported imports, where customers use their own RADAR. Alternatively, customers can opt to handle the process independently, collecting products Ex-Works from Quixant’s manafacturing Hub in Taiwan.

Patricia Souto Rial, VP of Business Development for Spain and LATAM at Quixant, commented:

“Brazil’s legalization of sports betting and online gaming, alongside developments in land-based gaming legalisation, represents a game-changing opportunity. We are not just focused on providing the products our customers need when they need them, but also on establishing partnerships that facilitate strategic decision-making and empower customers to achieve exceptional results. We have been diligently preparing by developing teams, structures, and a portfolio tailored to the Brazilian market’s needs. The partnership with Novatrade is the final piece in our strategy, enabling customers to be the first to bring products to market and ensure their success. Our cutting-edge technologies, game-changing software, support and our years of experience specialising in the gaming world, combined with Novatrade’s extensive local expertise, will empower game manufacturers to thrive in this dynamic market.”

Cyprien Hoffet, CEO at Novatrade added:

“Our collaboration with Quixant is a win-win for the Brazilian sports betting and gaming industry. With many years of experience operating in the region, we have a deep understanding of the local supply chain, operational, and cultural practices that are key to success. Together, we will provide an unmatched partnership, ensuring game and sports betting cabinet manufacturers can achieve their goals efficiently and effectively.”

Join Quixant at G2E booth 2640 to find our more about the partnership, or arrange to meet us at the show, or an altnerative time via the form below.