Tag Archives: Paraguay

Banco Central do Brasil has been authorised to expand the Pix payment platform internationally to accommodate cross-border transactions for Brazilian businesses. The decision was taken following a meeting of the Central Bank’s policy advisors on how to maximise global cross-border payment authorisations and efficiencies helping expand Brazil’s international network and resources for business. Pix was first launched by the central …

Fourteen members of Paraguay’s Chamber of Deputies have called on the government to modify articles of the Gambling Law. The deputies have urged the government to end the privileges of Conajzar, the National Gambling Commission of Paraguay, in granting concessions for gambling licenses. The deputies signed a proposal seeking to revise six articles of Paraguay’s Gambling Law (8, 11, 13, …

CONACOM – the competitions authority of Paraguay – has launched a probe into the tender competition to operate a federal sports betting franchise.  Launched in September 2022, the blighted competition was run by Conajzar, the National Gambling Authority of Paraguay, for the exclusive rights to operate a national sports betting franchise. The tender was lambasted by participating suitors who stated …

Conajzar, the gambling authority of Paraguay, has been forced to disclose all information related to its tender competition to award an exclusive national sports betting franchise.  This week, the Commission of Paraguay’s Congress approved an appeal by rejected suitors forcing Conajzar to explain how it ran and chose concessions to participate in its tender. The appeal was brought forward by …

Paraguay’s tender to award a national sports betting franchise has come under disrepute as participants have rejected the concession’s result. This week, Conajzar, the gambling authority of Paraguay, announced Daruma Sam as the winner of its competition to operate an exclusive sportsbook franchise across all provinces. The decision was immediately challenged by participants, who accused Conajzar of having no intention …

Conajzar, the gambling authority of Paraguay, has received seven business applications to compete in its tender to operate a ‘national sports betting franchise’. The tender was formally announced during the summer, as Conajzar promoted the competition via a nationwide advertising campaign, informing Paraguay’s public and business community of its intentions to launch a new sports betting franchise.  Yesterday, Conajzar lauded …

Paraguay’s gambling lobby has stated that the government must finalise Law-1016 in order to proceed with a tender guaranteeing exclusive rights to operate a nationwide sports betting franchise. Demands follow Conajzar, Paraguay’s Gambling Commission, announcing at the start of September that it had launched a tender that will give stewardship for a company/consortium to run a sports betting franchise granted …

Conajzar the gambling regulator of Paraguay, has launched a tender for the exclusive rights to operate a national sports betting franchise.  The decision was disclosed to local media via an advertising campaign sanctioned by Conajzar, informing the public and businesses of tender proceedings. The campaign revealed that Conajzar would announce competing suitors on 31 October as it seeks to find …

Mario Abdo Benitez, President of Paraguay has signed an executive order that will overhaul the South American nation’s land-based gambling laws. This week, Abdo Benitez fulfilled a principal mandate of the ANR Colorado (Conservative) government signing Law-6903 ‘Ley de Tragamonedas’ as a federal order to be implemented across Paraguay’s 17 provinces.    The Law’s headline directive will implement a ban on …