Pulse
LEGISLATION EQUALITY, DIVERSITY & INCLUSION
Cristina Romero, Partner at international law firm LOYRA, is scheduled to moderate a panel examining business
practices that enforce and encourage the need for equality, diversity and inclusion at SBC Summit Latinoamérica. Ahead of the event, Cristina sat down with G3 to discuss how the gaming industry, its regulators and the investment community can better align for a sustainable future.
LOYRA: uncertainty and over-regulation are poor bedfellows
What specialised services does LOYRA offer within the betting and gaming sector?
Te firm has gaming and betting as one of its main practice areas, along with cinema and audiovisual production and life sciences. We offer both regulatory/licensing and M&A/transactional capabilities and have a longstanding and solid network of partner firms in LatAm, the US and Europe.
LOYRA advised and lead over 30 jurisdictions as outside counsel on the acquisition of the Scientific Games lottery business by Brookfield. I head the international practice at LOYRA, have a banking and capital markets background and a passion for music and yoga.
You are moderating a panel at SBC Summit Latinoamérica entitled 'LATAM Leaders - Breaking Latin America's Glass Ceiling' examining business practices that enforce and encourage the need for equality, diversity and inclusion. What are you looking to glean from the speakers on the panel?
I have to say that I am not a believer in glass ceilings. I would love to collect an encouraging message in view of the many outstanding, distinct, and tremendously open-minded people I have met during my over 10 years in the industry.
Having worked in banking and a magic circle P86 WIRE / PULSE / INSIGHT / REPORTS
Cristina Romero Partner, LOYRA
law firm before, I believe that gaming is quite ahead. We should all work on levelling the opportunities and work on bolstering education for more people to access this very diverse world of gaming and betting.
How do you create sustainable diversity, equity and inclusion initiatives that involve an entire organisation?
Allow access, work on education, create opportunities for everyone and anyone. Let them travel the world.
One of the services Loyra specialises in is corporate structure. What factors are influencing the volume and structure of the mega deals we are seeing in gaming's corporate landscape?
I think the industry has been doing a better job
at getting itself “out there” as a fully regulated, and profitable businesses led by highly qualified management. Te burden of regulation and the tax pressure have an obvious effect on margins and the fact that the industry is still quite fragmented drive consolidation.
Tere is an increased need for viability in challenging existing markets and to enter emerging new ones. While the gaming and betting market could be considered as “mature” in terms of life cycle, we all know how key technology is and how companies need to
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