In this interview with Juliette Saly on Ausbiz, Tom Waterhouse discusses Brazil's regulation of online gaming and sports betting, which has attracted 130 license applications, each at $6 million, presenting significant market potential.
Turning to recent news, Tom highlights Flutter's recent acquisition that strengthens its position in Brazil and notes their previous acquisitions like Sportsbet, FanDuel, SkyBet, and Betfair, among many others. Flutter's reinvestment strategy, driven by the 'flywheel effect,' allows for scalable growth and strong market positions in regulated jurisdictions.
You can watch the full interview here: