South America

South American News

EstrelaBet continues Brazilian football venture with Internacional extension

SBC News EstrelaBet continues Brazilian football venture with Internacional extension

EstrelaBet has extended its sponsorship of Campeonato Brasileiro Série A’s Sport Club Internacional until March 2026.  The Brazilian sports betting operator has supported the top-flight team since June 2022, but the brand will be present on the back of the men’s first team kit. Head of EstrelaBet Sponsorships, Rafael Zanette, described this agreement as “a bet won even before signing …

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Altenar enhances LatAm presence with MiCasino sportsbook deal

SBC News Altenar enhances LatAm presence with MiCasino sportsbook deal

Altenar has announced that it has made its debut with MiCasino, which will see its sportsbook supplied to the operator group for the first time. Expanding its Latin American presence, the partnership will see Altenar provide its range of services to MiCasino across Chile and Peru, with additional markets to be announced ‘in the near future’.  Stathis Souflas, Commercial Account …

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Codere Online confirms CEO departure as Nasdaq year-1 targets are matched

Codere Online

Codere Online has announced that Moshe Edree has chosen to step down as CEO of the Global Nasdaq Spanish online gambling group.  The disclosure follows Codere Online announcing its Q4 results, which saw the company complete its first full-year trading as a Global Nasdaq business.  A ‘better than expected’ Q4 trading period saw Codere Online generate period revenues of €34m, …

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NeoGames’ M&A strategy bears fruit as multi-product offering lands in Brazil

Latin America. NeoGames launches in Brazil.

NeoGames has taken a major step in its 2023 international rollout, launching a sports betting and iLottery product in Brazil in partnership with Intralot de Brasil. The ‘LotoMinas’ platform has been developed for Loteria Mineira, the official lottery of the second largest Brazilian state of Minas Gerais, and marks two key milestones for the Nasdaq listed gaming tech developer. Firstly, …

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Minas Gerais launches ‘sportsbook pilot’ as Brazil sees no clear path for federal regime

SBC News Minas Gerais launches ‘sportsbook pilot’ as Brazil sees no clear path for federal regime

Minas Gerais has become the latest Brazilian state to outline its commitment to launching an online gambling and sports betting regime.  This week the Finance Secretary of Minas Gerais, Brazil’s second most populous state (+22m) allowed state-owned lottery operator Loteria Mineira (LEMG) to launch its ‘sportsbook pilot’ website and mobile app Lotominas.bet. Developed by Intralot Brasil, LEMG’s ‘sportsbook pilot’ will …

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‘The right way of doing things’ – kwiff keeping pace with shifting UK goalposts

‘The right way of doing things’ - kwiff keeping pace with shifting UK goalposts

At a time when the forthcoming regulatory review could shake the UK betting sector to its core, predicting the future has become a much-desired skill for operators with a stake in the country.  In the absence of a betting industry-specific crystal ball, firms such as kwiff have had to make their own judgements on what the future may bring, and …

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Enjoy marks Brazil as first stop of its LatAm digital expansion

SBC News Enjoy marks Brazil as first stop of its LatAm digital expansion

Heritage South American gambling group Enjoy SA has unveiled its new online betting platform EnjoyWin, which is now operational in Brazil, a market that the Chilean based company expects to become “the next big thing”. In an interview with local media DF MAS, Enjoy’s Product and Innovation Manager Marianela Artoni shared that the platform features an expanded offer that includes …

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Entain enhances LatAm offering in triple CONMEBOL sponsorship

SBC News Entain enhances LatAm offering in triple CONMEBOL sponsorship

Entain has been named the official sponsor of CONMEBOL Libertadores, CONMEBOL Sudamericana and CONMEBOL Recopa for the next three seasons. Through its Sportingbet and bwin brands, the operator aims to reinforce its commitment to supporting responsible football and betting in Latin America. Adam Lewis, Entain’s Managing Director for LatAm, stated: “We are proud to be official sponsors of CONMEBOL Libertadores, …

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Betsson sees new market makeup break all company records

Betsson AB CEO Pontus Lindwall

Betsson AB has declared its ‘best year in business’ having achieved four back-to-back record-breaking financial quarters. Publishing its full-year 2022 accounts, the Stockholm-listed online gambling group’s corporate revenues stood at €777m up 18% on FY2021 comparative results of €657m. Once more, Betsson achieved a record-breaking Q4 performance to close year trading, generating revenues of €220m (Q4 2021: €157m), which benefitted …

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Caliplay contests Playtech’s expiry date on JV entitlements

SBC News Caliplay contests Playtech’s expiry date on JV entitlements

Caliplay, the Mexican and LatAm joint venture formed by Grupo Caliente and Playtech Plc, has issued a statement related to the ongoing ‘services fee’ dispute between its venture partners.  Last week, FTSE250 Playtech informed its investors that it would seek a determination by British Courts on whether Caliplay was entitled to redeem an additional services fee related to its working …

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