South America

Sportsbet.io secures Flamengo sponsorship deal

Coingaming Group’s cryptocurrency sportsbook Sportsbet.io has strengthened its presence in Brazillian football after securing a sponsorship agreement with Clube de Regatas do Flamengo.  Sportsbet.io has previously signed a three-month betting partnership with the club, which primarily focused on media and digital activations.  The extension to the agreement will see the sportsbook boost its investment into the sponsorship of the team, …

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Betting plays a guessing game on Buenos Aires outcomes

As Argentina heads for General Election polls on 27 October, circumstances appear less favourable for its Buenos Aires (BA) province to progress with an online gambling agenda. Abiding by the tender rules sanctioned by the Argentine Provinces Board for Lotteries and Casinos (IPLyC), nine international operators have formed local partnerships with BA gambling entities, who since June have had no …

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Javier Balbuena – Paraguay needs to strengthen CONAJZAR remits

Javier Balbuena, former Director General of Paraguay’s CONAJZAR gambling commission, has been appointed as a key advisor to the Committee of Economic Affairs which is set to undertake a wholesale review of the country’s gambling laws. Speaking to SBCNoticias, Balbuena has confirmed that Committee members will review three separate ‘Games of Azar’ bills seeking to establish a new regulatory framework governing Paraguayan …

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SBC launches Spanish-language website

Spanish

Sports betting event organiser and media company SBC has launched a dedicated news portal for the Spanish-speaking gaming industry, www.sbcnoticias.com. The new website will cover sports betting, igaming, casino and other global gaming news in Spanish, with a particular focus on emerging markets in Latin America, as well as Spain. It marks the first time SBC has launched a website …

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Brazilian sports seeks to establish Committee for betting protections

Leading figureheads in Brazilian sports governance have urged the PSL government to help form a ‘Sports Integrity Committee’, driving an agenda on developing sports betting safeguards and protections. At present, Brazilian policymakers are assessing the regulatory frameworks propositioned by the government’s ‘draft decree’ on establishing a regulated land-based and digital sports betting marketplace. This summer, Brazilian authorities allowed diverse stakeholders …

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Codere reveals LATAM auditing inconsistencies

Bolsa Madrid gambling group Codere SA will launch an investigation into the auditing of its Latin American business unit, as the firm admits to inconsistencies published in its year-to-date financial reporting. Communicated through Spain’s CNMV market authority Codere governance confirms that it will review the auditing of its entire LATAM unit, following ‘overstated accounts’ reported by a number of its …

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IBIA advises Brazil to rethink tax position & bolster integrity safeguards

The International Betting Integrity Association (IBIA) has published its official response to the Brazilian government’s ‘draft decree’ on developing a regulatory framework for fixed-odds betting services. Representing the integrity interests of multiple sports betting incumbents, the IBIA raises stakeholder concerns with decree provisions attached to taxation and the Brazilian government’s approach to tackling potential sports manipulations. “Our response focuses on …

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BetWarrior makes its ‘Para Play’ with Remo & Paysandu fan partnerships

New online sportsbook BetWarrior has secured its first football partnerships with Paraense State (North Brazil) teams Clube do Remo and Paysandu Sport. Complying with current Brazilian gambling regulatory frameworks, BetWarrior details that it has formed ‘fan-focused partnerships‘ with the two clubs, who compete in the ‘Campeonato Paraense’ state league. BetWarrior’s partnerships will allow fans of Remo and Paysandu to place …

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Sportsbet.io co-develops Rosario Central’s club app

Coingaming Group’s cryptocurrency sportsbook Sportsbet.io has been announced as co-developer of Argentine Superliga football club Rosario Central’s matchday mobile app. Issuing a club statement, Rosario Central management confirms that it has reached a ‘commercial alliance’ with Sportsbet.io, which will see the crypto bookmaker work with app developer Eclectica Ltd, developing an engaging free matchday app for Rosario fans. Once developed, …

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Dinos Stranomitis, Altenar: Setting the standards for sports betting in Colombia

Colombia

Dinos Stranomitis, COO at Altenar, discusses the analysis behind creating the best sportsbook experience for Colombian players, why Coljuegos has adopted a clever approach to setting taxation and minimum RTP rates, and how maintaining the right working relationship with each and every one of its operators has helped his company to meet different regulatory challenges across the globe.  SBC: Colombia …

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