{"id":228551,"date":"2026-05-27T11:51:12","date_gmt":"2026-05-27T14:51:12","guid":{"rendered":"https:\/\/igamingbrazil.com\/nao-categorizado\/2026\/05\/27\/sccg-management-announces-first-venezuela-gaming-expo-in-caracas\/"},"modified":"2026-05-27T12:35:47","modified_gmt":"2026-05-27T15:35:47","slug":"sccg-management-announces-first-venezuela-gaming-expo-in-caracas","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/event-coverage-en\/2026\/05\/27\/sccg-management-announces-first-venezuela-gaming-expo-in-caracas\/","title":{"rendered":"SCCG Management announces first Venezuela Gaming Expo in Caracas"},"content":{"rendered":"\n

SCCG Management<\/strong> announced the holding of the first edition of the Venezuela Gaming Expo<\/strong>, an event focused on the gaming and iGaming<\/a> market <\/strong>in Venezuela. The conference will take place between August 12th and 14th, 2026, at the Eurobuilding Hotel & Suites Caracas<\/strong>, in the Venezuelan capital. <\/p>\n\n

Organized by the SCCG LATAM<\/a><\/strong> division, the Expo will bring together local regulators, national operators, international suppliers, investors and representatives from the banking and payments sector.<\/p>\n\n

According to the company, the meeting will mark the first international conference dedicated exclusively to the gaming sector held in the country.<\/p>\n\n

In addition, the event will feature lectures, private meetings, networking spaces and presentations focused on the Venezuelan market<\/strong>.<\/p>\n\n

The program was structured around three main pillars: conferences on regulation and operations, networking meetings with sector participants and a room reserved for commercial meetings between operators, investors and suppliers.<\/p>\n\n

According to the organization, the expectation is to receive approximately 3 thousand participants and around 60 exhibitors during the three-day event.<\/p>\n\n

As an event, it will bring together Venezuelan regulators and operators<\/h2>\n\n

The Expo will bring together representatives of the three regulatory bodies responsible for the Venezuelan gaming market: the Comisi\u00f3n Nacional de Casinos<\/strong>, Salas de Bingo<\/a> y M\u00e1quinas Tragan\u00edqueles (CNC)<\/strong>, the Comisi\u00f3n Nacional de Loter\u00eda (CONALOT)<\/strong> and the National Superintendency of Equestrian Activities (SUNAHIP).<\/strong><\/p>\n\n

Additionally, local licensed operators and financial partners will participate in discussions on market expansion, regulation, banking infrastructure and international distribution.<\/p>\n\n

The event will also take place at a time of changes in the Venezuelan financial scenario. In April 2026, the Office of Foreign Assets Control (OFAC)<\/strong>, linked to the United States Department of the Treasury<\/strong>, published General License 57. <\/p>\n\n

The measure authorized US financial institutions to provide certain financial services to four specific Venezuelan state banks.<\/p>\n\n

According to SCCG LATAM, the change reduces part of the structural barriers related to the payments infrastructure between financial institutions in the United States and Venezuela.<\/p>\n\n

Why the Venezuelan market enters the international radar<\/h2>\n\n

Along with the conference announcement, SCCG LATAM published an introductory guide on the Venezuelan gaming market aimed at international operators.<\/strong><\/p>\n\n

The material presents information on regulation, banking structure, issuance of licenses and operation of the sector in the country.<\/p>\n\n

According to the report, Venezuela has around 29 million inhabitants, high internet and mobile phone penetration and a functioning regulated industry.<\/p>\n\n

Currently, 32 licensed online operators operate in the country<\/strong>. Additionally, the industry’s five largest groups generate more than $150 million annually in gross gaming revenue.<\/strong> <\/p>\n\n

The document also highlights that Venezuela operates with a regulatory system divided between three licensing entities, responsible for different market segments.<\/p>\n\n

CNC licenses casinos, bingo<\/a> halls and slot machines. CONALOT regulates lotteries, raffles and promotions with prizes. Meanwhile, SUNAHIP is responsible for horse racing and sports betting<\/a>. <\/p>\n\n

According to SCCG LATAM, licenses issued by Venezuelan authorities cover physical and online operations within the same regulatory instrument.<\/p>\n\n

Guide highlights banking challenges and regulatory structure<\/h2>\n\n

The report also states that the main historical challenge for international operators was related to Venezuela’s closed-loop financial system.<\/p>\n\n

\"\"<\/figure>\n\n

According to the publication, foreign companies depended on access to local banking infrastructure to carry out operations in regulatory compliance.<\/p>\n\n

Furthermore, the document points out that cryptocurrency brokers have started to function as a practical alternative for converting bolivars into fiat currencies or digital assets.<\/p>\n\n

SCCG LATAM <\/strong>stated that General License 57 represents a relevant structural change for the sector.<\/p>\n\n

According to the company, the authorization issued by the North American government creates a clearer legal basis for financial operations between institutions in the two countries.<\/p>\n\n

SCCG highlights rapprochement between the international market and Venezuela<\/h2>\n\n

Stephen Crystal, founder and CEO of SCCG Management, said:<\/strong> \u201cThe Venezuela Gaming Expo is a defining moment for the gaming sector in Latin America.<\/em> <\/p>\n\n

For the first time, international operators, providers and investors will have a structured space to interact directly with the regulators and operators that shape one of the largest under-explored markets in the region.\u201d<\/em><\/p>\n\n

The executive also highlighted that the opening of banking channels between the United States and Venezuela could increase international interest in the local market.<\/p>\n\n

According to SCCG, the company’s Latin American division works directly with Venezuelan licensing bodies and operators already established in the country.<\/p>\n\n

Furthermore, the company informed that the objective of the Expo will be to bring international investors, operators and suppliers closer to the Venezuelan gaming and betting market.<\/p>\n\n

About Venezuela Gaming Expo<\/h2>\n\n

The Venezuela Gaming Expo<\/strong> will be the first international gaming and iGaming<\/a> conference held in Venezuela. The event will take place between August 12th and 14th, 2026 at the Eurobuilding Hotel & Suites Caracas and will bring together regulators, operators, investors, banking partners and international suppliers in the sector. <\/p>\n\n

About SCCG Management<\/h2>\n\n

SCCG Management <\/a>operates in the global gaming and iGaming consultancy sector. The company has operations in North America, Latin America, Africa, Asia, Europe and Brazil, in addition to activities focused on sports betting<\/a>, emerging markets, innovation in iGaming and international expansion. <\/p>\n","protected":false},"excerpt":{"rendered":"

SCCG Management announced the holding of the first edition of the Venezuela Gaming Expo, an event focused on the gaming and iGaming market in Venezuela. The conference will take place […]<\/p>\n","protected":false},"author":27,"featured_media":228515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3487],"tags":[23734,5038,23733],"class_list":["post-228551","post","type-post","status-publish","format-standard","has-post-thumbnail","category-event-coverage-en","tag-sccg-latam","tag-sccg-management-en-2","tag-venezuela-gaming-expo"],"yoast_head":"\nSCCG Management announces first Venezuela Gaming Expo in Caracas - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"SCCG Management confirms the first Venezuela Gaming Expo and highlights the growth of the regulated gaming market in the country.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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