South America

The Senate of Colombia (upper house) has confirmed that tax measures on online gambling will be reviewed to support the government’s plans to overhaul the nation’s public welfare and healthcare systems.  Debates are scheduled to begin this week on Friday, February 16, led by Senator Antonio Correa of Partido de la Union. In 2016, Colombia modernised its Gambling Act (2001) …

2023 has been a year of ups and downs for esports and betting. Esports is currently going through a market correction dubbed the ‘esports winter’, regulation has taken several important steps forward in big markets like the US and Brazil, there’s been an expansion of existing esports betting products and the rollout of new and deeper features, particularly microbetting and …

Betano has been named the official partner of the South American Football Confederation, CONMEBOL. The deal – which will run until 2028 – sees the Kaizen Gaming-owned brand sponsor the CONMEBOL Copa America 2024, which will take place in stadiums across the US from June. Kaizen Gaming Founder and CEO, George Daskalakis, commented: “We are delighted to join forces with …

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 …