South America

South American News

Colbet predicts continued high sports betting turnover ahead of casino launch

Colbet is preparing to launch its live casino offering in the Colombian gaming market, but anticipates that sports betting will remain the dominant vertical across its wider operations.  Speaking to local news outlet La Republica, Santiago Melo, the General Director of the operator, anticipated that the sports betting vertical will continue to contribute around 80 per cent of total group-wide …

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Chile gambling shaken up by Enjoy & Dreams merger 

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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Novusbet to leverage Oddin.gg esports solution for LatAm and Africa targeting

Sports betting and platform provider Novusbet has entered into an agreement with Oddin.gg, utilising the latter’s services to expand its portfolio of esports wagering offerings.  Identifying the esports wagering space as a rapidly evolving niche market that offers a ‘potentially large, mostly untapped’ revenue source for operators, Novusbet has undertaken the decision to bolster its foothold in the space. To …

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Betsson signs second LatAm focused football deal of 2022

Betsson Group has further enhanced its focus on Latin American sports betting, signing an agreement with Brazil’s state-based Pernambuco Football Federation (FPF). The contract will see the Stockholm Nasdaq-listed international betting and gaming group secure the sponsorship of the Pernambuco Championship, the tournament of the state of Pernambuco, for the 2022 season. As part of the deal Betsson will conduct …

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Betsson strengthens LatAm visibility via Colo-Colo deal

Betsson Group has signed a one-year sponsorship agreement with Chilean football club Colo-Colo, in a strengthening of its marketing and brand visibility in Latin America.  The global sponsorship will cover the 2022 season, and will see operator’s logo featured on the Chilean Primera División club’s shirt sleeves for both home and away games, whilst an additional term has included the …

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Thomas Molloy: Pronet Gaming – Live streaming is a necessity for untapped markets…

Thomas Molloy, Sportsbook Product and Trading Director at Pronet Gaming, addresses the increasing importance of live streaming and the ways in which operators can use it to differentiate their offer in the marketplace… With sports betting around the globe experiencing evolution and, in some regions, revolution, features like live streaming of sporting events and play-by-play visualisations are increasingly being seen …

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Betway maintains esports foothold with Beastcoast renewal

Betway has renewed its partnership with Peruvian Dota 2 team Beastcoast, marking a continuation of its strong commercial position in the international esports wagering space. The current arrangement between the Super Group-owned sports betting operator and the esports team will see the continued development of exclusive content such as the Illuminate talk show.  Additionally, the duo have collaborated on the …

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Codere bondholders call for Argentine break-up 

The break-up of Grupo Codere SA has begun, as debt-holders of the former Bolsa Madrid gambling group are reported to have contacted PE funds and interested parties with a view to selling the firm’s Argentine unit.  Sources close to bondholders disclosed to El Pais that Codere’s break-up would begin with a planned sell-off of its Argentine bingo and arcade business. …

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SBC Leaders: Rush Street will ‘keep trucking’ on local and international growth

With a new year comes new opportunities, and for Rush Street Interactive (RSI), the focus will remain on maintaining momentum on both the domestic US market and internationally.  Appearing in the latest episode of the SBC Leaders podcast Lauren Seiler, Associate Vice President of Investor Relations and Development at RSI, spoke to SBC Global Relationship Director Kelly Kehn about the …

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ITIA bans Nicolás Arreche from tennis following match fixing attempts

Nicolás Arreche has been banned from tennis for the next four years after being found guilty of breaches of the Tennis Anti-Corruption Program (TACP) rules.  The International Tennis Integrity Agency (ITIA) banned Arreche in regards to his attempts to contrive the outcome of tennis matches and failing to report corrupt approaches. The breaches of the rules that Arreche has been …

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