With significant legislative changes on the horizon, the Brazilian gaming and sports betting industry offers tremendous potential. To quickly serve its customers entering the country, Quixant has formed a strategic partnership with Novatrade to provide its specialized technology and global integration support, complemented by specialized local operating processes and systems.
The relationship allows Quixant to rapidly increase its presence in the region, streamline logistics, reduce the tax burden for customers, and offer them a quick and economical entry into the market.
Why Quixant Chose Novatrade to Support Expansion into Brazil
"Establishing a strong local presence in Brazil is key to ensuring that our customers can capitalize on early opportunities. However, navigating Brazil's complex regulations and high import tariffs presents unique challenges, as only local companies with an import license known as RADAR can manage the customs process. As a registered Brazilian importer, Novatrade allows Quixant to import and maintain stock in a bonded warehouse, speeding up market entry for our customers and providing them faster access to products,” states the company.
“By leveraging bonded warehouse solutions, we can store goods in Brazil without the burden of initial import taxes. Goods can be stored for up to 24 months, with taxes paid only when the products are sold and cleared by customs. This allows us to optimize cash flow while maintaining product availability for when the market fully opens, ensuring that our innovative solutions are readily available to customers in a more cost-effective manner.
Furthermore, the partnership increases supply chain security. Finished products are kept in Brazil, while semi-finished products are stored in our manufacturing facility in Taiwan. This two-location inventory approach ensures that we can quickly meet demand, with products pre-positioned in Brazil and Taiwan. Distribution to Brazil can occur within 10 days through Novatrade's bonded warehouse, offering greater reliability and efficiency”.
Simplified Importation, Local Billing, and Comprehensive Support
In addition, Quixant offers flexible import options. Customers can choose from fully supported imports — where Novatrade handles the entire customs clearance process using its RADAR — or partially supported imports, allowing customers to manage the process with their own RADAR. This allows Quixant to focus on its core strength of providing exceptional products and integration support, and its customers to focus on delivering unparalleled player experiences.
“We also simplify the purchasing process and reduce financial complexity for customers by issuing local invoices in Brazilian reais. Customers can pick up products directly from Novatrade's bonded warehouse or arrange delivery to a preferred address”, adds the company.
“Our 24/7 global support is further enhanced by local customer service in Brazil, provided by Novatrade's dedicated customer success team. From order processing to customs clearance, the partnership ensures that we can deliver our world-class products efficiently, giving customers a competitive edge and the ability to be first to market in Brazil's evolving gaming and sports betting landscape”.
Setting New Standards for Success in Brazil
The strategic partnership between Quixant and Novatrade and the use of bonded warehouse solutions set a new standard for expansion in the Brazilian market. With Novatrade's expertise in local logistics, tax optimization, and customer support, Quixant can remain focused on what the company does best — delivering high-quality gaming solutions and exceptional integration support — while leaving the complexities of importation and operations to a reliable local partner.
For international companies looking to enter the Brazilian gaming and sports betting sector, this partnership serves as a model of how innovative logistical solutions can mitigate risks and drive success.
"Join Quixant at booth 2640 at G2E to learn more about the partnership, or schedule a meeting with us at the fair, or at an alternative time through the form below", invites the Quixant team.
Source: GMB
