South America

The Senate of Brazil is scheduled to debate and vote on whether to ban celebrities, athletes, and social media influencers from promoting gambling and betting services. This afternoon, the Sports Commission of the Senate will review the modalities of Bill (PL) 3.405/2023 put forward by Federal Deputy Ricardo Ayres, a member of the Republicanos Party (RP). The Bill calls for …

Betano is set to replace Assaí as the title sponsor of Campeonato Brasileiro Série A in a three-year deal. According to reports, the Confederation of Brazilian Football (CBF) will receive around 80 million Brazilian reais (£12.5m) per season. Assai’s last contract with Serie A was renewed at about $10m per season. The Kaizen Gaming-owned operator already holds the naming rights …

Betsson is set to appear on the front of the new Boca Juniors shirt, with the launch commemorating the club’s 119th anniversary.  The blue and gold kit will make its first appearance this weekend in the game against Newell’s Old Boys. Jesper Svensson, CEO of Betsson Group, said that “some paths are always destined to be crossed” in the official …

Intralot SPA has achieved its corporate objective of reducing its gross debt below €500m, despite witnessing a slowdown in its B2C performance. Publishing its full-year 2023 accounts, the Athens-listed gambling and lottery technology group reported revenues of €364m, a 7.3% decline from FY2022 results of €398m. The decline in headline revenues is attributed to the discontinuation of its Malta Lottery …

EveryMatrix has received regulatory accreditation from Peru’s Ministry of Foreign Trade & Tourism (Mincetur). This falls in line with the igaming technology provider’s goal to deliver compliant solutions within regulated and emerging markets. EveryMatrix is one of the first to be accredited in the country, enabling its customers to gain early market share. Bobby Longhurst, Group Chief Commercial Officer at …

In an dynamic entrance into Rio, SBC’s inaugural Brazil-focused event exceeded all forecasts, drawing in a staggering turnout of 4,000 attendees — surpassing the anticipated 3,000 — and signaling a promising start to the future expansion plans disclosed during the event. Held from March 5th to 7th, SBC Summit Rio served as a deep dive into the Brazilian market during …

The board of Grupo Codere SA states that it is in “advanced negotiations” with existing bondholders to proceed with a “global recapitalization” of the Spanish and LatAm gambling group. Codere confirmed that it had recruited investment bank Houlihan Lokey and law firm Allen & Overy as advisers for its intended recapitalisation program aimed at improving its capital structure and fostering …

Despite enjoying much success alongside a range of clients across Europe, Abelson Odds is looking to spread its wings to a Brazilian region that is renowned the world over for an intense fanaticism for the beautiful game. That was the viewpoint stressed by COO Jeevan Jeyaratnam at the recent SBC Summit Rio to SBC News during a conversation that was …

Pressure mounts on Fernando Haddad, Brazil’s Minister of Finance, to name a President of the Secretariat of Bets and Prizes, an appointment needed to finalise the launch of Brazil’s federal sports betting marketplace. In Congress, frustration mounts as the Ministry of Finance has yet to publish the final schedule to launch the ‘Bets’ regime as authorised on 2 January by …

STATSCORE has announced a new partnership with Campeonato Brasileiro de Basquete for the Brasileirão 2024 competition. As the Brazilian Basketball Championship tips off on 15 March, the deal will see the Polish sports data company power the sport with accurate and up-to-date in-venue basketball data available through its ScoutsFeed. “We are proud to partner with the Campeonato Brasileiro de Basquete, …