Julio César Tamayo of Wplay on the Future of iGaming in LatAm
Julio César Tamayo discusses the challenges and opportunities of online gaming in Latin America during the SBC Summit Lisbon 2026.

Key Takeaways
- Sustainability is key for the future of online gaming in Latin America.
- Regulatory changes in Colombia pose challenges for the industry.
- Markets like Brazil and Peru present promising opportunities.
Julio César Tamayo, CEO of Wplay, analyzes the crucial challenges for the online gaming industry in Latin America, highlighting the importance of building sustainable companies in a mature market. While participating in the SBC Summit Lisbon 2026, Tamayo addresses topics such as the evolution of the Colombian market, the impact of artificial intelligence, and the opportunities in Brazil and Peru.
Current Challenges in the Industry
The online gaming industry in Latin America is facing a maturity stage where operators must focus on sustainability. Tamayo emphasizes that the new leaders will be those who integrate innovation, financial discipline, and adaptability. In the past, the sector grew at annual rates exceeding 25%, but now, sustainability and reputation are becoming essential for growth.
Perspectives of the Colombian Market
Colombia has stood out for its solid regulatory framework but faces challenges due to recent tax changes that may affect competitiveness. Tamayo underscores the need for stable regulations that promote a favorable environment for investment and consumer protection. Balancing fiscal sustainability and competitiveness is critical to avoid the growth of the illegal market.
Opportunities in Latin America
For Wplay, markets such as Brazil and Peru offer promising investment opportunities. Regulatory stability and legal security are determining factors for expansion in the region. Tamayo highlights that the true potential of Latin America lies in establishing itself as a reliable destination for long-term investment.
Impact of Artificial Intelligence
Artificial intelligence is transforming operations in the gaming sector, affecting areas such as fraud prevention and risk analysis. Tamayo believes that AI helps improve decision-making and can bolster trust in the industry if used responsibly. The integration of AI must be combined with good corporate governance to be effective.
Responsible Gaming and Sustainability
For Tamayo, responsible gaming is key to the sustainability of the business. The industry must strengthen its legitimacy by protecting users and promoting responsible practices. Commitment to responsible gaming is essential to ensure the future of the sector and strengthen its social acceptance.
A Message for the Future
Looking ahead to the SBC Summit Lisbon 2026, Tamayo hopes that the conversation will focus on sustainability and trust in the global gaming industry. Artificial intelligence, cybersecurity, and regulatory cooperation will be key debates that will define the future. The goal is to consolidate an industry capable of facing the challenges of the coming decades.
Frequently Asked Questions
What are the main challenges for online gaming in Latin America?
The sector faces the need for sustainability, adaptation to regulatory changes, and maintaining competitiveness against illegal markets.
Which Latin American markets offer growth opportunities for Wplay?
Brazil and Peru are viewed as promising markets due to their regulatory stability and attractiveness for long-term investment.
How does artificial intelligence impact the gaming industry?
AI transforms areas such as fraud prevention and risk analysis, improving decision-making and strengthening trust in the sector.
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About the author

Gonzalo Marín
Industry Deals Correspondent
Gonzalo Marín covers the corporate deal flow of gambling — operator strategy, M&A, regulated-market entries, and product launches. The reports open with the transaction, cite companies, valuations, and jurisdictions exactly as released, and keep the announcement apart from its actual effect. When a Latin American operator raises capital or a European brand lands in the region, Gonzalo Marín reports who signs, for how much, and on what terms.
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