South America

Coljuegos – Colombia sees benefits of revamped gambling policies in 2018

Juan Perez Hidalgo, the President of Colombian national gambling regulator Coljuegos has hailed 2018 as a landmark first full-year for Colombia’s new regulatory frameworks and national policies governing gambling. Issuing a Coljuegos’ November update, Hidalgo details that Colombia’s new liberalized market will raise circa COP $550,000 million (€1.5 million) subsidizing the Colombian health care system for 2018. Since expanding Colombia’s …

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Outgoing Brazil president signs sports betting bill

Brazil - Copyright: believeinme33 / 123RF Stock Photo

Brazil President Michel Temer has signed MP 846 to formally legalise both online and land-based sports betting in the country. MP 846 was primarily focused on the distribution of proceeds from Brazil’s national lottery – operated by Ministry of Finance-controlled Caixa Econômica Federal, but also included plans that gave the green light to regulated sports betting. Its case was helped …

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Alessandro Fried – BtoBet likes Buenos Aires’ fresh prospects

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BtoBet Chief Executive Alessandro Fried has stated that his firm’s executive team are monitoring Buenos Aires (Argentina) movements closely. This December, led by BA Governor Maria Eugenia Vidal, Buenos Aires’ executive secured the votes needed to revamp the province’s gambling frameworks, passing legislation that will regulate online gambling services within Argentina’s largest province. Fried welcomes the first initiatives to develop …

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NBA nets first LATAM betting partnership with Supermatch Uruguay

US Basketball’s NBA has moved to strengthen its Latin American profile,  confirming it has secured a multi-year partnership with Uruguay-licensed gambling operator La Banca’s ‘Supermatch’ sportsbook property, which becomes the first ‘official gaming partner‘ of the NBA for Latin America. The new partnership will be promoted across the 6,000 Supermatch Uruguayan retail betting points, with the sportsbook brand further securing exclusive coverage on …

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Arriba! SIS ups LATAM profile with Codere racing content

Multi-channel racing content and data services provider Sports Information Services (SIS) enhances its live betting channels, adding Codere Latin American racing content to its program. Updating stakeholders, SIS has agreed a three-year partnership with Bolsa Madrid gambling firm Grupo Codere SA, which will see it act as lead ‘live pictures and data distributor’ of Codere LATAM syndicated racing properties. Detailing …

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The ‘ideal’ gaming platform: Living up to the multifaceted label

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When it comes to the iGaming industry, the ideal gaming platform is often seen as one that, once developed, can be easily integrated into an existing operator’s environment. However important this might be, it is integration of a different kind – and particularly those that come much earlier in the developmental process, of most concern to BtoBet Chairman Alessandro Fried. …

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Argentina PRO secures Buenos Aires gambling restructure

As anticipated the Executive of Buenos Aires has approved Budget Plan 2019 directives 142 and 143 sanctioning significant changes to the province’s operational gambling framework. On Tuesday, district leaders voted in favour of BA Governor Maria Eugenia Vidal’s 2019 proposals, introducing a new 2% tax charge on player winnings from land-based casino, arcade and bingo operators. Governor Vidal secures a ‘major victory’, …

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Winning Post – US operators dive into integrity

Brazil: regulated sports betting – more nutcracker than sweet Regulated sports betting in Brazil is now awaiting only the signature of President Michel Temer, who has previously said he would approve any gambling liberalisation plans. Legislation to regulate sports betting in Brazil is therefore now a near certainty, in our view. However, as we flagged last week, the final shape …

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Argentina PRO moves forward with Buenos Aires’ gambling restructure

The Executive of Buenos Aires is preparing to vote on legislations attached to its 2019 Budget plan which will approve online gambling services within Argentina’s biggest province. The mandate is headed up by BA Governor Maria Eugenia Vidal, who seeks to raise funds for BA’s newly created ‘FIDES – Social Development & Integration Fund’. Argentine news sources report that BA’s …

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Brazil closes on regulated betting after record MP 846 approval

Brazil - Copyright: believeinme33 / 123RF Stock Photo

Brazil has taken another step towards legal and regulated sports betting after the country’s Senate voted in favour of MP 846. Brazil’s upper legislative body passed the bill, which details the allocation of lottery revenue to public security as well as allowing for online sports betting, less than 24 hours after the Lower House had done the same. It now …

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