South America

As Brazil proceeds to develop its gambling and sports betting regimes, the federal government is reported to seek assurances that foreign businesses will be liable to pay all domestic taxes.  Local media reports that the federal government has thrown its weight behind a measure that would force foreign companies to establish a domiciled office in the country to guarantee a …

Betsson has partnered with AC Milan to become the club’s official regional partner in line with the online gambling company’s focus on expansion in LatAm. The move continues the operator’s growth strategy as over the past couple of years it has been solidifying a presence in several markets, such as Brazil, Argentina, Colombia, Mexico, and Perù. The 2021/22 Serie A …

BetWarrior has announced its biggest sponsorship commitment to date, becoming the ‘Official Sponsor’ of the Argentine Football Association (AFA).  Agreeing on a four-year deal, BetWarrior will serve as the principal partner of Argentina XI National Teams, the AFA Cup and national tournaments. The AFA announced that the sponsorship would mark its debut in the upcoming friendly between the Argentina Men’s …

AIEJA – Mexico’s casino trade association – has urged the federal government to intervene and implement a unified tax framework for casinos to operate under. The association that represents land-based casino operators, games suppliers and licence holders outlined that its members supported ‘single tax payment system to help improve control over income’. At present, Mexico operates a fragmented regulatory framework …

Brazilian football clubs Palmeiras, Corinthians and America have each formed partnerships with sportsbooks Betfair, Galera.bet and EstrelaBet, respectively. Palmeiras’ two-year sponsorship agreement with Betfair will provide exposure for the online gambling company in the Verdão women’s soccer team uniform as well as in all official digital content. Similarly, Corinthians’ partnership with Galera.bet names the company as the official sponsor of …

Peru will become the latest South American country to review its national gambling laws, as Congress has unanimously approved a decree project that seeks to regulate and tax an online sports betting regime. Last week, the Finance Committee unanimously approved for peer Diana Gonzales’ decree project to be reviewed by the Congress of Peru. Gonzales’ a representative of the Social …

Nueva Codere has declared that it is on course to match its ‘pre-pandemic’ financial performance as the Spanish and LatAm gambling group begins to benefit from its corporate restructuring.  Trading in its new identity, following its delisting from the Madrid Bolsa and the demerger of the Codere Online unit – Nueva Codere has announced that it has achieved corporate revenues …

The government of the Dominican Republic has been urged to establish a new gambling regulator, run independently from government agencies.  The proposal has been led by Ricardo Nadal, the President of The National Association of Sports Banks – who has called for a complete overhaul of the Republic’s existing gambling laws. The regulatory oversight of the gambling sector has come …