Since President Inácio Lula da Silva put pen to paper on Brazil’s sports betting bill at the end of 2023, talk about the Latin American opportunity has boomed into the stratosphere. But while Brazil is making headlines for positive legislative developments, the wider Latin American region offers a massive opportunity for operators and suppliers alike. There has been burgeoning interest …
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Google to expand Play RMG framework for India, Mexico & Brazil
Google has informed its app developer community that its app store “Google Play will begin supporting more Real Money Game (RMG) apps this year”, including “game types and operators not currently covered by an existing licensing framework.” Developers were notified via a blog post authored by Karan Gambhir, Google’s Director of Global Trust and Safety Partnerships, titled “A New Approach …
Read More »BA City appoints Jesús Acevedo to lead LOTBA
The Executive of the City of Buenos Aires has announced the appointment of Jesús Acevedo as the new President of the Lotería de la Ciudad de Buenos Aires (LOTBA). The appointment was sanctioned by Jorge Macri, the City Governor of Buenos Aires, who confirmed that Acevedo will succeed Martín García Santillán as President of LOTBA. Acevedo has previously served as …
Read More »Stake highlights Brazil as key territory in Juventude sponsorship
Stake has been announced as the new main partner of Brazilian football club Esporte Clube Juventude. The betting brand’s logo will be visible on the front of the match and training shirts of Brasileiro Série B club (both men and women’s teams). The former Serie A side recently got relegated to the country’s second division. Akhil Sarin, Chief Marketing Officer …
Read More »Montevideo becomes focus of Uruguay’s responsible gambling strategy
Uruguay has doubled down on its commitment to strengthening the country’s responsible gambling strategy, with policymakers in the capital of Montevideo signing a long-term agreement with the Faculty of Medicine at the University of the Republic. The municipality’s decision follows that of the national Directorate of State Casinos, which strengthened its efforts against gambling harm by teaming up with the …
Read More »Uruguay to resume online gambling debate in 2024
The Congress of Uruguay has announced that it will resume its debate on whether to legalise online gambling in March. The deliberation on online gambling is needed following a near two-year hiatus on the matter, following the Chamber of Senators’ approval of an Online Gambling Bill in August 2022. Uruguay’s designated Bill is reported to have been stuck under review …
Read More »Interested operators ‘expected to grow’ as Brazil gambling bill signed
A total 134 betting firms have now expressed interest in operating in Brazil, with the market looking set to become one of biggest in the world. Prior to the new law that was passed to regulate sports betting and online gaming, some interested gambling companies included; Kaizen Gaming (Betano), 1XBET, Meridianbet, Pixbet, Betfair, LeoVegas, Betway and Draftkings. Further operators also …
Read More »Betsson kicks off front-of-shirt sponsorship with Colombia’s Atletico Nacional
Swedish betting operator Betsson has announced that it is now the main sponsor of Colombian football club Atletico Nacional. Strengthening the bookmaker’s footprint in Latin America, the new deal will see the company’s logo being placed on the front of the team’s men’s and women’s jerseys for the next three years. Atletico Nacional was first established back in 1947, and …
Read More »Ecuador considers lifting decade-old gambling ban
Ecuador’s President Daniel Noboa has given the Constitutional Court 11 questions to survey the country’s population as part of a Public Consultation, some of which will focus on the betting and gaming industry. Sent by Noboa on 2 January, the Constitutional Court will have 20 days to hand out notices about the questions, the last of which will focus on …
Read More »Codere appoints PKF Attest to audit 2023 accounts
Grupo Codere SA has appointed PKF Attest to serve as the principal auditor of the gambling group in the Spanish and South American markets. The Spanish unit of PKF Attest will replace EY, which in 2023 severed ties with Codere, ending its seven-year tenure as an independent auditor, having overseen audits on consecutive debt refinances needed to maintain Codere’s embattled …
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