Tag Archives: Colombia

New look Newgioco establishes LatAm subsidiary

Fresh from listing its business as a US Nasdaq enterprise, the governance of betting systems supplier Newgioco Group confirms that it has established ‘Newgioco Colombia SAS’ as a new subsidiary servicing LatAm market opportunities. Based out of Bogota, Newgioco Colombia will lead new distribution agreements within South American markets, supporting Newgioco Group’s newly established global growth strategy. In its update, …

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Colombian Gambling tax efficiencies back Coljuegos market strategy

Publishing its 2019 statement, Colombia’s national gambling regulator Coljuegos has revealed that industry tax revenues totalled COL$ 680 million (€185,000), with funds set to be distributed to Colombia’s national health services. The Colombian regulator’s 2019 figure represents a 16% increase on the COL$574 million (€151,000) of gambling tax revenues collected during 2018. A breakdown of figures saw ‘local’ gambling halls …

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BetPlay nets sponsorship takeover of Colombian football

Dimayor, the governing authority of Colombian football’s top two professional football leagues, has secured a four-year sponsorship agreement with BetPlay – the flagship sportsbook property of legacy Colombian gambling group Corredor Empresarial. Effective immediately, all Colombian football competitions sanctioned by Dimayor will feature the BetPlay brand as title sponsor, including Liga BetPlay Dimayor, Copa BetPlay Dimayor, Torneo BetPlay Dimayor and the …

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Playtech leads ‘omni upgrade’ of Wplay Colombia

Playtech Plc has detailed further information on its ‘long-term’ technology agreement with Aquila Global, operator of ‘Wplay Colombia’, which was confirmed this morning in the FTSE250 firm’s latest trading update. Servicing Aquila Global, Playtech will act as ‘strategic technology lead’ integrating its omni-channel systems and further marketing services for the flagship Wplay property. Wplay operates Colombia’s biggest retail betting network …

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Coljuegos sanctions tender for Super Astro draw game

Coljuegos, the regulatory authority for Colombian gambling, has sanctioned a competitive tender for the concession to service its ‘Super Astro’ draw-based game. Super Astro is a popular horoscope themed mini lotto draw-based game which has been operated by Colombian national lottery operator Corredor Empresarial SA since 2015. Super Astro draws are televised weekly across Colombian provisional TV networks. Issuing a market …

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Dimayor Colombia strengthens integrity muscle with Genius Sports

A new partnership has been announced between Dimayor, the leading football competition organiser in Colombia, and Genius Sports. Becoming Colombian football’s official data and integrity partner, Genius aims to protect the sport from the threat of potential match-fixing. Jorge Enrique Velez, President of Dimayor, commented: “Dimayor is committed to the integrity of football and transparency around our competitions. This is why the …

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Dire Q3 sees Codere declare group losses of €30 million

Publishing its Q3 trading statement, Bolsa Madrid gambling group Codere SA records performance declines across all key operating markets, impacting the firm’s corporate recovery. Reporting declines across all South American territories (except Uruguay) and a stagnating performance in its home market of Spain, Codere posts a 3.6% decline in group revenue to €343 million (Q32018: €356m). Despite reducing its exposure …

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InsiderSport: On The Ball – China to host 2021 FIFA Club World Cup

From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, InsiderSport has you covered. This week’s OTB reports on the latest MLS expansion franchise, FIFA’s Club World Cup announcement and Amazon’s latest fly-on-the-wall documentary featuring Tottenham Hotspur.  FIFA awards hosting rights of the 2021 Club World Cup to China China PR has …

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Everton’s Yerry Mina charged with breaching betting regulations

Following an investigation into a potential breach of betting regulations, Everton’s Yerry Mina has been charged with misconduct by the FA. The centre-back is alleged to have breached betting regulations after featuring in an advert for Colombian online bookmaker ‘Betjuego’ earlier this year.  An FA statement confirmed the defender allegedly breached Rule E8 (3) which states: “An individual Participant, when acting …

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Coljuegos launches public awareness campaign for Copa America 2019

Juan Pérez Hidalgo, the President of Colombian gambling regulator Coljuegos has launched new national campaign #LaJugadaPerfecta (#theperfectgame), raising public awareness of Colombia’s new gambling laws and licensed incumbents. Coljuegos’ public awareness campaign was launched this weekend, ahead of the start of the CONMEBOL Copa America 2019 football tournament hosted in Brazil. Entering what is anticipated to be Colombian betting’s busiest …

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