South America

South American News

SBC’s Year In Review: April 2019’s big betting news

As 2019 comes to a close SBC looks through the year to highlight major news that you might have missed in the sports betting world. This fourth edition looks at April and more specifically at horseracing’s shortcomings, Sportradar’s Brazilian preparation, how gambling companies can do more than just support a club’s performance on the pitch and the challenges faced in …

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Stanislav Silin, Altenar: Defying regulatory challenges to hit 2019 high notes

Altenar

Stanislav Silin, CEO at Altenar, reflects on a successful year for the sportsbook software provider, which saw it obtain key licences with the Malta Gaming Authority (MGA) and UK Gambling Commission (UKGC), and defy challenging conditions in both Italy and Sweden to launch four regulated customers across the two markets. SBC: What are the key highlights for Altenar from 2019? …

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Bolivian Interim government names new Gaming Control general

Further South American gambling regulatory developments see Bolivia’s interim government confirm the appointment of Juan Carlos Antonio Abrego as the new Director General of Bolivia’s Gaming Control Authority (AJ Bolivia). Abrego’s appointment was confirmed by acting Bolivian Economic Minister Jose Luis Parada, hosting an official inauguration at AJ Bolivia offices in La Paz. Minister Parada underlined that Abrego’s appointment would …

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New BA governor Kicillof appoints Omar Galdurralde as IPLyC lead

Argentine business news sources report that newly elected Governor of Buenos Aires Province Axel Kicillof is set to appoint close associate Omar Galdurralde as the new Director-General of the Argentine Provinces Board for Lotteries and Casinos (IPLyC). Kicillof, Argentina’s former Economic Minister, takes charge of Buenos Aires executive having won BA Province’s 27 October governorship election against former incumbent Maria …

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Peter Nolte lays out Patagonia Entertainment’s 2020 LatAm vision

Peter Nolte, Chief Executive of Patagonia Entertainment, has told SBCNoticias that the bespoke supplier of industry B2B systems and platforms will move to significantly expand its operations in Peru, meeting increased LatAm wagering demands. Expanding its operational capacity beyond its home market of Uruguay, “Patagonia will open an office in Peru during the first quarter of 2020,” he detailed, following a ‘year of …

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Betsson states Brazilian intent by acquiring 75% stake in Suaposta racing

Stockholm-listed Betsson AB has acquired a 75% majority shareholding in Brazilian racing operator Suaposta, securing an early foothold in Brazil ahead of an anticipated regulated market opening. Betsson management has confirmed its investment in Suaposta, but as yet has chosen not to disclose any deal terms or conditions. Operating in partnership with Porto Alegre’s ‘Rio Grande do Sul Jockey Club’, Suaposta …

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Juan Barrachina – Kambi is the proven player for LatAm incumbents

Stockholm-listed sports betting systems provider Kambi Group Plc has set about dominating all wagering provisions for South American incumbents by expanding its existing commercial pipeline from Mexico’s borders to the “end of the world” in Tierra del Fuego Chile. Speaking to SBCNoticias, Kambi LatAm commercial lead Juan Barrachina underlined that the technology group is eyeing growth in Brazil and Buenos …

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Insider Sport: On The Ball – Oikos probe asks tough questions on Spanish football integrity

From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, InsiderSport has you covered. This week’s OTB reports on integrity allegations, club acquisitions and the possible reintroduction of safe standing areas in English football stadiums. Spanish match-fixing allegations lead to nine arrests. A total of nine people were arrested after corruption allegations …

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Balbuena predicts consequences following Paraguayan football integrity appeal

Consequences should be expected according to the former director general of Paraguay’s CONAJZAR gambling commission, Javier Balbuena, following the recent appeal against Club Olimpia president Marco Trovato. The appeal, which was made last week to the Paraguayan Football Association (APF),  requested that an investigation be opened into Trovato following allegations first reported by the La Nación newspaper group.  The report …

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