South America

Betsson AB experienced a broadly successful third quarter of the year, with revenue growth throughout most geographic segments across both betting and casino verticals, albeit with the exception of the Nordics. Group-wide revenue rose 19% to €238m (Q3 2022: €200m) and EBITDA by 42% to €69m (€49m) with an accompanying margin of 29% (24%). This performance drove gross profit of …

Colombia’s national gambling authority, Coljuegos, has proposed a resolution to adopt new advertising restrictions alongside changes to other licensing conditions. The potential reforms will need to be approved by Colombia’s Congress to be enacted, which if successful will see new requirements adopted by 1 January 2024. Regarding advertising, restrictions will follow a ‘tiered system’ whereby the more revenue an operator …

Latin America has become an increasingly popular region for many operators and suppliers alike. And with more markets such as Brazil opening up, we’re only going to see more companies look to enter the region in the near future. TVBET is one such example. Having already established a footprint in the region, TVBET is looking to expand its presence across …

The 2023 edition of SBC Summit Latinoamérica will witness a remarkable threefold increase from last year’s event attendance as 3,000 delegates are set to converge at the Seminole Hard Rock Hotel and Casino in Miami from October 31 to November 2. The yearly must-attend exhibition and conference specifically designed for iGaming and sports betting professionals with a Latin American emphasis …

Microbetting and gamification are intrinsically linked and pose immense value for the development of global sports betting, emphasises Joey Levy, CEO of Betr, in an interview before his appearance at the SBC Summit Latinoamerica. Due to take the stage on a panel examining the trend of microbetting, Levy spoke to SBC Media ahead of the Miami event to reflect on …

SBC Summit Latinoamérica will present 3,000 delegates with the unique chance to engage in discussions around thriving markets in the region and explore the latest cutting-edge technology during the specialized “Emerging Markets & Technology’ track.  The track will occur on Thursday, November 2nd, the second core day of Latin America’s premier iGaming and sports betting event, hosted at the Seminole …

At this year’s SBC Summit Latinoamérica, Julio Cesar Tamayo, the CEO of Wplay, will present a distinctive viewpoint on the Latin American gaming and betting sector by engaging in a keynote fireside chat alongside industry expert Dr. Evert Montero Cárdenas, President of Fecoljuegos. Recognizing that this industry plays a vital role in the prosperity of nations and communities, while also …

All betting industry eyes have been firmly fixated on Latin America, a region which Rush Street Interactive’s (RSI) Emilia Perez believes could pose an even bigger opportunity than the company’s founding market of the US. Due to appear at the SBC Summit Latinoamerica in two weeks time to discuss marketing strategies on an expert panel, RSI’s Marketing Director LatAm gave …

The emerging betting market in Brazil is capturing more and more international attention, as Canadian esports-focused operator Rivalry becomes the latest firm to make a move. Rivalry’s latest marketing campaign features Brazilian esports influencer Gustavo “Baiano” Gomes. The campaign features Baiano and Rivalry, with the key goal being to ‘tap into Brazilian fans and their religious-like passion for national teams’.  …

Chile’s National Association of Professional Football (ANFP) has abandoned its principal partnership with Betsson AB. which will no longer serve as title sponsor of the Campeonato Nacional.  Yesterday, ANFP informed national media of the conclusion of Betsson’s contract as principal sponsor of Chilean football, effective from 15 October. Agreed in 2022 for a reported $8m, the deal has seen Betsson …