Tag Archives: Ecuador

Ecuador’s rising tensions put a lid on gambling question

SBC News Ecuador’s rising tensions put a lid on gambling question

After recent events in Ecuador saw the South American state sink into civil unrest, President Daniel Noboa has decided to withdraw a question on casino regulations from the recently launched public consultation on the country’s prospects.  At the beginning of January, Noboa gave Ecuador’s Constitutional Court 20 days to hand out a public notice on a list of questions regarding …

Read More »

LigaPro and Ecuadorian football stand against Lasso’s betting advertising prohibition.

SBC News LigaPro and Ecuadorian football stand against Lasso's betting advertising prohibition.

Conflicts loom in Ecuador as LigaPro opposes the “Organic Law on Communications” signed by President Guillermo Lasso. Under deliberation since November 2022, the Law, which mandates “the prohibition of advertising sports betting houses in Ecuador”, was signed by President Lasso on Monday. The controversial law was drafted to eliminate former policies of President Rafael Correa, who during his tenure authorised …

Read More »

Ecuador’s Lasso demands 15% transactional tax on sports betting 

SBC News Ecuador’s Lasso demands 15% transactional tax on sports betting 

Guillermo Lasso, President of Ecuador, has published a tax reform proposal aimed at improving the economic recovery and fiscal standing of the South American nation. Personally drafted by Lasso, the proposal forms part of an ‘urgent economic project’ and will be put forward to the National Congress of Ecuador, who will be given a 30-day period to review the proposal …

Read More »

Betfair states its LATAM intent & responsibility as CONMEBOL partner

SBC News Betfair states its LATAM intent & responsibility as CONMEBOL partner

Moving to significantly expand its LATAM market profile and ambitions, Betfair has outlined securing its Official Partner’ status with CONMEBOL as one of the firm’s most important strategic marketing initiatives in the betting brand’s history. Announced last week, the partnership – which runs until December 2022 – sees the Betfair brand displayed across CONMEBOL’s flagship Copa Libertadores and Sudamericana tournaments, South …

Read More »