Question · Q4 2024
Kamila from UBS asked about the business environment for online betting in Brazil following new regulations in January and the potential implications for volumes, MDRs, and revenues.
Answer
Executive Ricardo da Silva stated that the company's exposure to this segment is a small part of its card-not-present TPV and not material to overall results. He noted no significant changes, as PagBank already worked with reputable operators who have since obtained licenses. Executive Alexandre Magnani added that the regulation of more players could present a future growth opportunity for the segment.
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