South America

SBC Noticias launches daily newsletter

SBC Noticias Newsletter

SBC Noticias is launching a daily newsletter, delivering the latest news, interviews and analysis on the betting and gaming industry in the Spanish speaking world direct to readers’ inboxes. The Spanish language newsletter is free of charge and includes the biggest breaking news stories, together with a selection of in-depth interviews with leading industry figures and expert market commentaries on …

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BtoBet: Colombian operators should ‘move towards an evermore digital betting experience’

Developing markets platform provider BtoBet has recommended that Colombian operators should begin to ‘move towards an evermore digital betting experience’ in a bid to diversify their offerings. As revealed in its ‘Colombia Shifting from Retail to Online’ report, only 9.4% of total gaming revenues for the first half of 2019 were generated by the online gaming sector, despite the market …

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Codere secures €20m loan to safeguard Mexico unit

Bolsa Madrid gambling group Codere SA has informed investors that it has secured a further €20 million loan which will support its Mexican business unit.  Sanctioned on Friday 13 March, Codere governance secured access to an additional MXN 500-million-peso bond (€20 million) with debt terms set for maturity in 2025.   Updating investors, Codere stated that the loan has been sanctioned …

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BA government announces new leadership team leading IPLyC

Following months of delay, Argentina’s new government has confirmed the appointment of Omar Galdurralde as the Director-General of the Argentine Provinces Board for Lotteries and Casinos (IPLyC). The delay in appointing the IPLyC’s new leader follows sweeping changes undertaken throughout Argentina’s federal departments, following President Alberto Fernández’s Justicialist Party taking office in December 2019. Despite Galdurralde’s appointment having been formerly reported …

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Betcris nets Brasileiro Série A sponsorship

South American legacy sportsbook Betcris and the Campeonato Brasileiro Série A (Brazilian Championship A Series) football league have signed a multi-year sponsorship agreement this week. The deal is expected to run until the end of the 2023 season. During the first year, Betcris will advertise its gaming services on all 361 series games, of which 76 will be aired on national broadcaster Globo TV’s free-to-air network. …

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Codere chooses Solitics’ data management & automation platform

Solitics

Spanish multinational gambling group Codere has sealed a deal with Solitics to improve its management of data and create a more personalised experience for its players. Codere confirmed that Solitics has integrated its real-time data management and automation platform into Codere’s sport betting and casino operations in Europe and Latin America (LatAm). Moshe Edree, COO for Codere’s digital division, said: …

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Puerto Rico’s gambling agenda picks up pace as Tourism Board executive resigns

Developments of Puerto Rico’s gambling regulatory overhaul appear to be gathering pace, as Tourism Board executive Jaime Alex Irizarry confirms to local media that he has departed the agency. Irizarry had served as Gambling Director under the jurisdiction of Puerto Rico’s Tourism Board, co-sharing governance responsibility with Puerto Rico’s Equestrian Sports Society. This March, Puerto Rico Governor Wanda Vázquez Garced regained …

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NSoft or strict rules: Outcome-based vs prescriptive regulation

NSoft

Zlatan Omerspahic, Head of Legal and Compliance at NSoft, delivers a regulatory overview of the gambling industry, including key learning points from 2019 and what to expect in 2020. It is very difficult to find an industry that is changing as fast as the gambling industry, due to all the technological changes. Also, the existence of generally strict rules provides …

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Andre Gelfi – Suaposta strengthened by Betsson’s Brazilian intent

Andre Gelfi, CEO of Brazilian racebook Suaposta, has backed Betsson AB’s early mover advancements, despite facing significant unknowns related to Brazil’s future sports betting make-up. Closing 2019, a refinanced Betsson sanctioned the purchase of a 75% stake in Suaposta, Gelfi’s online racebook licensed by Brazil’s Ministry Agriculture and Livestock in partnership with Porto Alegre’s heritage  ‘Rio Grande do Sul Jockey …

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Wanda demands overhaul of Puerto Rico’s gambling frameworks

Wanda Vázquez Garced, Governor of Puerto Rico, is seeking an overhaul of the Caribbean island’s gambling laws to revive its economy and tourism following the severe damage of back-to-back hurricanes Irma and Maria in 2017. Last week, Vázquez personally recommended the appointments of advisors Professor José Balasquide-Córdova and Cristóbal Méndez to lead the development of Puerto Rico’s ‘Games Commission’. Writing to …

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