South America

Estimates from business intelligence provider Vixio Regulatory Intelligence have revealed that the upcoming launch of a regulated online gambling market in Brazil is capable of generating around US $5bn in annual revenue.  According to the forecasts from the ‘Brazil Online Outlook’ report, Brazil’s online gambling scene will quickly shift into top gear, reaching $3.7bn in annual revenue over three years …

Brazil has advanced the launch of a regulated federal sports betting marketplace in 2024, as the Ministry of Finance fulfills the key requisite of forming a ‘Special Secretariat’ to monitor and report on market activities. Detailed via a decree published by the Ministry of Finance, the Brazil ‘Bets’ marketplace will be supervised by the ‘Secretaria de Prêmios e Apostas (SPA)’ …

OKTO has formed a wide-reaching international agreement with gaming systems platform Modulus. In its latest move in the international gambling sector, OKTO’s core areas of focus in the deal will be Europe and Latin America, with the latter region high on the company’s agenda for 2024 as Brazil finalises the regulations for a nationwide betting market. Specifics of the deal …

Better Collective A/S has confirmed the appointment of Guy Harding as Senior Director of Group Media Partnerships at the Stockholm-listed global betting and gaming media publisher. An expert in all disciplines related to player acquisition, partnership management, and campaign ROI, Harding joins Better Collective from iGaming media network Legend, where he most recently served as Commercial Director. Updating media, Better …

Ahead of next month’s ICE London Oliver Lietz, CEO at nanocosmos, takes a look at the demands igaming and betting operators face when targeting growing markets like Brazil and shares how the company is addressing them. At ICE London, Feb 6-8, booth N9-322 nanocosmos will present nanoStream Cloud as a solution for adding interactive live streaming to live games and …

FeedConstruct has announced a new sponsorship agreement with the Argentine Football Association (AFA).  Through the partnership, AFA will look to expand commercially into Europe by using FeedConstruct as a Regional Sponsor.  Claudio Tapia, President of AFA, stated: “We are very happy to announce a new sponsorship agreement for the National Teams, with an important technology company like FeedConstruct.  “Several years …

Betsson has named Peruvian football star Paolo Guerrero as its exclusive global casino ambassador.  The partnership aims to strengthen the operator’s presence in Latin America, with the former Bundesliga striker and the all-time top scorer for the Peruvian national team, bringing his status and passion for the game to promote Betsson’s online casino offering. Andrea Rossi, Betsson’s Commercial Director for …

Ecuabet has partnered with the Ecuadorian Football Federation in gaining the naming rights to the country’s top football division, LigaPro. The league will come under LigaPro Ecuabet for the next five years, with the strong possibility of an extension. Miguel Ángel Loor, President of the LigaPro, said: “We have travelled an important path in the Professional League to be where …

Better Collective A/S inches closer to concluding its acquisition of Playmaker Capital, as the shareholders of TSX-listed sports media group overwhelmingly support the €176m buyout. As disclosed to the Toronto TSX and Copenhagen Børsen, Better Collective has secured investor approval of 99.9% to proceed with its €176m acquisition of Playmaker, first announced on 6 November 2023. In a deal comprising …

Sportingtech has confirmed the appointment of Tom Ustunel as the new CEO of the full-service betting and igaming platform and systems supplier. The appointment follows Ustunel working with the Sportingtech leadership team for the past two years on strategic initiatives driving the firm’s global expansion across new and established markets. A seasoned online gambling executive, Ustunel has previously served as …