The Ministry of Finance of Chile has proposed a series of new technical measures to be included in the regulation of an online gambling and sportsbook marketplace. The intervention follows new developments for Bill 035/2022, which seeks to liberalise Chile’s online gambling marketplace by the end of 2023. In June, the Bill’s tax framework was approved following a review by …
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Terence Gargantini has joined Better Collective as the company’s Country Manager for Brazil, marking another step by the firm to bolster its Latin American standing. The new addition to the company’s management has been tasked with maintaining momentum and traction in South America, which Better Collective has highlighted as a core area of opportunity and focus. This follows the opening of …
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The Congress of Peru has sanctioned a series of amendments to its pending Gambling Law of 2022 to rectify loopholes in how online gambling will be regulated in the South American nation. These changes come following industry criticism of the initial hastily enacted legislation, which held several discrepancies and allowed gaps for potential tax evasion. In a vote that saw …
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Uruguay’s Chamber of Deputies (the Lower House) has been ordered to explain why it has yet to allow a ‘policy project’ on online gambling to be reviewed and debated by legislators. In the first half of 2022, Uruguay’s Finance Commission drafted a ‘policy project’ to establish the laws and technicalities of a regulated online gambling marketplace. The project was approved …
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Chile gambling giants Enjoy and Dreams have reached a final agreement to merge their businesses, becoming the Chilean market’s biggest casino group and outright gambling leader. The transaction, which is expected to be completed by Q4 or early 2023, will result in an enlarged company that will control 58% of the casino industry in Chile. According to documents sent to …
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A new ebook released by Slotegrator has found that Latin America – a region now more commonly home to rapid economic development and regulatory overhaul – presents a whole host of opportunities for those looking to expand their global footprint. Slotegrator wrote the following account for SBC News about why interest has piqued in many of the region’s emerging markets, …
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Betsson has become the first official betting partner of ‘La Roja’ – the Chilean national football team aiming to qualify for the FIFA World Cup Qatar 2022. Securing an agreement with the Federacion de Futbol de Chile (FFC) until December 2022, the Betsson brand joins Nike, Coca Cola, Banco Santander and Claro supermarkets as a principal partner of La Roja. …
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Salsa Technology (formerly Patagonia Gaming) has appointed Alberto Alfieri as its new Chief Operating Officer (COO), as the South American full-service iGaming turnkey services provider accelerates its growth momentum. A seasoned industry executive, Alfieri served as CCO of European multi-brand iGaming operator Evoke Gaming (2016-2018) prior to the firm’s acquisition by Mr Green&Co. Alfieri maintains further industry experience, having led …
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William Hill Plc has secured its first South American sportsbook venture after confirming that it has acquired a ‘majority stake’ in Colombian-licensed operator Alfabet SAS. Closing its 2020 trading, the FTSE250 betting group stated that Colombia will be ‘the ninth regulated betting market in which William Hill will have an active presence’. Operating in Colombia since 2018, Alfabet SAS is …
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Altenar is a sportsbook software and services provider, who continued a pattern of punching above its weight in 2018 by posting ‘doubled’ revenues for the third year in a row. The company powered a successful 12-month period that saw Wplay.co – the first approved licensee for the regulated market in South America – grow to become one of the early …
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