Peruvian Authorities Approve Registration of Blokotech as Service Provider
Stepping up its game in the iGaming spheres, Blokotech - a B2B software supplier, has clinched the regulatory nod from Peru's Ministry of Foreign Trade & Tourism (Mincetur). This move enables them to offer their expansive product suite to sports betting and casino operators in Peru.
As the fourth-most populous nation in South America and one that has recently introduced gaming regulations, Peru is a lucrative market. Securing this approval could propel Blokotech's influence in the rapidly growing LatAm market with new customers set to debut in Peru before year-end.
Salvatore Messina, Blokotech's Co-Founder and CEO, stated, "Peru presents a massive opportunity for Blokotech and our partners. Being Mincetur-certified positions us as a trusted and trailblazing software supplier within LatAm."
In other recent developments for Blokotech, they've appointed Nicolas Castearena as Commercial Director for LATAM. The strategic hiring aims to catapult growth across Latin America.
Peru's iGaming sector holds substantial potential due to its extensive population and accelerating digital adoptions. The government's implementation of taxation on online gambling indicates a recognizable market opportunity. Furthermore, as competition hots up in the LATAM iGaming market, companies such as BMM Testlabs are also focusing on compliance and certification services in the region.
With Blokotech's newfound regulatory accreditation and the favorable iGaming environment in Peru, the company is primed to make its mark in this growing market. However, exact strategies or market-specific initiatives by Blokotech in Peru remain undisclosed. Regardless, Blokotech's expansion plans, led by Nicolas Castearena, seem poised to capitalize on the iGaming boom in Latin America.
- Blokotech's new regulatory accreditation in Peru opens up opportunities to provide sports betting and casino operators with their extensive product suite.
- Securing approval from Mincetur in Peru could significantly boost Blokotech's influence in the Latin American market.
- Salvatore Messina, Blokotech's Co-Founder and CEO, views Peru as a huge opportunity for the company, positioning Blokotech as a trusted and pioneering software supplier in LatAm.
- The Peruvian iGaming sector, driven by a growing digital population and government taxation on online gambling, presents a lucrative market for Blokotech, with plans to grow under the leadership of Nicolas Castearena.
