Tag Archives: brazil

BNDES LOTEX blunders weighing heavy on Brazil government

Despite a new government in charge of Brazil, the planned sale of state-owned instant win (scratch) operator LOTEX continues to blunder on. Closing April, BNDES – Brazil’s national development bank, the organisation charged with selling the state asset – issued its fifth straight postponement of the LOTEX tender. It has now extended its window for bid proposals until 9 May. BNDES …

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Sportradar prepares for Brazil’s online betting boom

Sportradar - Copyright: believeinme33 / 123RF Stock Photo

Lorenzo Caci, Director of Business Development and Strategic Partnerships at Sportradar, admitted that “retail is still king” for sports betting in Latin America (LatAm), but suggested that the potential for online penetration – particularly in countries such as Brazil – could end up tilting the balance. Caci said that while users generally have more trust in the idea of going to …

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DAZN promotes ‘trusted hand’ Bruno Rocha to lead Brazilian mission

OTT platform DZAN Group, the company seeking to revolutionise modern sports viewing and broadcasting has announced the appointment of Bruno Rocha as Brazil Executive VP. Rocha has formerly served as Chief Commercial Officer for Perform Content, the B2B division of DAZN, where he led media partnerships with sports governing bodies such as WTA, FIBA, CONMEBOL and the NFL. Prior to …

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Cyril Linette orders tough measures to revive declining PMU

The new executive leadership team of French racing operator Pari Mutuel Urbain (PMU) has presented its new ‘operating roadmap’ to French media outlining the firm’s corporate recovery and transformation strategy. Having undertaken an internal review, new Chief Executive Cyril Linette, the executive appointed by France Galop and Le Trot to ‘reinvigorate the PMU’, has outlined a series of efficiencies, which …

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Hervé Schlosser: Sportnco – French experience will power growth in Spain with LATAM to follow

It is widely acknowledged that France is a tough market to operate in, but as Sportnco CEO and founder Hervé Schlosser explains, it is possible to be successful there with the right approach. He explains how his company has become the leading sports betting solutions provider in the country and how this experience is helping his group grow in Spain, …

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BNDES issues fourth postponement of LOTEX Brazil sale

BNDES – Brazil’s national development bank has sanctioned its fourth postponement of the sale of state-owned instant win (scratch card) operator LOTEX. Last week, an under pressure BNDES issued a corporate communication informing the media and stakeholders that its scheduled Tuesday 26 March auction of LOTEX enterprise had been cancelled. In its update, BNDES governance informs that the LOTEX auction …

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6 of the Best – FunFair Tech’s Geoff Scaplehorn

Blonk 6OTB

This week’s 6 of the Best comes from Geoff Scaplehorn, Lead Games Producer at FunFair Technologies. Keep reading to discover which sport breaks physical inactivity, a love of Britpop, disdain for ‘staycation’ and a top ten of movie loves. Best Holiday That would have to be when I went on safari. Landing in Kenya, we drove to Tanzania to visit the Serengeti crater, …

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Codere backs business plan despite 2018 dramas

Embattled Bolsa Madrid gambling firm Grupo Codere SA closes its full-year 2018 accounts reporting group-wide losses of €40 million, primarily attributed to significant Argentine market adjustments. Reported throughout 2018, Codere has been forced to navigate the +100% collapse of the Argentine Peso against the Euro, with the gambling group detailing FX losses of circa €34 million. In its Argentina market …

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Legislation submitted to authorise 32 casino licences across Brazil

Brazilian democrat, Paulo Azi, has submitted a bill that calls for the authorisation of 32 casino licenses across the country as reported by Games Magazine Brazil. If passed, the bill would approve the opening of resort hotels with attached casinos in Brazil. As part of the proposal, the government would receive 10 per cent of the gross revenues generated by …

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Scout Gaming enters Brazil through Jogajà deal

Sportradar - Copyright: believeinme33 / 123RF Stock Photo

Scout Gaming has entered the Brazilian market after signing a deal to provide start-up operator Jogajà with its full fantasy sports platform. Jogajà, whose Scout Gaming-powered platform is expected to launch during the first half of 2019, is backed by Swedish venture capitalists with experience of working in Brazil. The product range will be boosted by the inclusion of local …

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