South America

The Chamber of Deputies of Chile has approved a bill that will “prohibit agreements between sports clubs and betting houses”, aiming to minimise match-fixing threats and protect minors from exposure to online gambling.  The Bill will now progress to the Senate for its legislative review before being submitted to Parliament to be debated and voted on.    “The Chamber of …

Playmaker Capital has made three senior hires, two in its Latin America team and one in its US division, as it targets an enhanced presence across the Americas. Joining the group’s Buenos Aires HQ of its Futbol Sites brand are Agustín Gutiérrez Scussel and Matias Paget, taking on responsibilities as Chief Technology Officer and Head of Digital Product respectively. Scussel …

Betano has announced that it has been granted the naming rights of Série B of the Brazilian Championship.  As the second division is rebranded to Série B Betano 2023, the operator gains visibility on LED panels, central and inflatable pre-match carpet, as well as carpets on the pitch during games. Further brand exposure includes logos on the benches, custom replacement …

The Confederation of Brazilian Football (CBF) has officially submitted its demands to the government on the pending legislation of a federal fixed-odds betting regime. As anticipated, the governing body of Brazilian football has demanded that the government increase its betting income guarantee to ‘4% of total revenues’ generated by licensed bookmakers. It declared, “Current legislation provides for the transfer of …

The merger of Chilean casino giants Dreams SA and Enjoy has been scuppered as dealmakers declare “the process to be abandoned”.  The announcement was made via Chile’s Financial Markets Commission (CMF), which informed stakeholders that both companies had chosen to remain as separate businesses.   Merger terms had been agreed last year, in which Dreams shareholders would control the majority (64%) …

Novibet has named Chilean footballer Arturo Vidal as the group’s latest global brand ambassador. Currently at Brazilian club Flamengo, the 35-year-old central midfielder will aim to use his popular presence in Chile to help the European and LatAm gametech company’s continued growth strategy.  Rodolfo Odoni, Chairman of Novibet, stated: “We are really excited about joining forces with a top-class player …

A draft proposal co-signed by Brazil President Lula da Silva and Finance Minister Fernando Haddad has recommended that  a 15% gross gaming revenue (GGR) tax be applied to sports betting activities.  News of the proposal submitted to the Attorney General’s National Treasury Office (PGFN) was reported during the Easter break by Brazilian business news source Poder360. As reported, Lula and …

SBC Summit Latinoamérica, Latin America’s premier iGaming and sports betting event, is poised to return to the Seminole Hard Rock Hotel & Casino in Miami from October 31 to November 2, hosting some of the most esteemed industry leaders and top-tier decision-makers with strong expertise in the region’s markets. The attendees will convene in Miami for the third consecutive year …

CBF, the Football Confederation of Brazil, has demanded that the government guarantee a larger % share of revenues generated from a federally sanctioned sports betting regime.  The CBF has issued its formal proposal that a ‘betting regime guarantee 4% share of gross revenues to be distributed across its football leagues’. As such, the governing body of pro-football in Brazil seeks …

Brazil, with its population of over 210 million, has a number of unique challenges when it comes to identity verification, according to Roger Redfearn-Tyrzyk, VP of Global Gaming at IDnow. Writing on LinkedIn, Redfearn-Tyrzyk asserted that the Brazilian gambling market has ‘significant potential’ and offers a wide range of opportunities. The market has been estimated to be worth over $6bn, …