South America

In a push for strengthened integrity in Brazil’s rising sports betting market, Eduardo Gussem has been appointed as Integrity Officer of the Brazilian Football Confederation (CBF). The appointment comes ahead of a crucial vote this week concerning the proposed legal sports betting in the country. Legislators will decide on Wednesday 29 November on the final framework of Brazil’s betting regulation. …

Igaming and sports betting platform and software developer Oddsgate has been highly active in LatAm, specifically the emerging Brazilian market. Tiago Almeida and Mario Silva discuss some of the key considerations for indigenous operators and market entrants. SBC: First off, talk us through the background of Oddsgate’s Work in Brazil  Tiago Almeida: Many of our team members worked as senior …

This November, Better Collective executed its second biggest M&A acquiring Playmaker Capital for €196m, a deal which significantly amplifies its media network for sports audiences across South American markets. Simon Hovmand-Stilling, Better Collective CEO of South America, tells SBC of the active commercial opportunities on-boarded by the Playmaker acquisition and how Better Collective will apply its most diverse and localised …

The Economic Affairs Commission (CAE) of the Senate of Brazil has concluded its review of the tax and fiscal modalities of Bill 3,626/23 – submitted by the government to regulate a federal fixed-odds betting market.  The review marks the final assessment of Bill 3,626/23 by a legislative advisory, as the Senate will forward the Bill to the Plenary of the …

SKS365 has announced that a corporate forest of 1,000 trees has been planted as part of the PlanetGreen365 corporate sustainability program.  This is the first initiative that the Italian market operator has completed in its plan to promote environmental sustainability and support rural communities in different parts of the world. The trees were planted across Latin America, Africa and Asia. …

Codere Online has raised its guidance for 2023 and reiterated 2024 projections following a quarter which saw strong growth except its core markets, with the notable exception of Colombia. Group-wide revenue for the three months ending 30 September stood at €43.2m (€30.6m), an increase of 41%, with revenue from the Spanish and Mexican markets rising by 27% and 62% respectively …

Timor Leste, also known as East Timor, has announced ambitions to become a regional hub for gaming licensing in Southeast Asia, creating an industry association for this purpose. The territory – which comprises the eastern section of the island of Timor, with the western half of Indonesia – has set up the Virtual Gaming Association (VGA) of Timor-Leste to work …

Sergiy Shchelkov, Sales Executive at Epom, shares some valuable insights into responsible advertising techniques and how they can contribute to a safer gambling environment for all concerned. What is the first thing that we should be looking to do when it comes to creating a policy on responsible advertising? We must ensure that the susceptible users are separated from the …

The International Betting Integrity Association (IBIA) has extended its geographic reach with the addition of Mozzart into its membership. Based in Serbia, Mozzart is a retail and online betting and gaming group that has also had a South American presence since it acquired Meridianbet Colombia in 2020. As an IBIA member, Mozzart will – alongside 50 other companies and 125 …

Brazilian football clubs have unified in protest against amendments endorsed by the Senate Sports Committee review of the Federal Sports Betting and Online Gambling Bill – PL 3626/2023. .  Yesterday, 34 Brazilian professional football clubs, including those from the Brazilian Football League (Libra) and the Liga Forte União (LFU), signed a petition urging the Senate to reject Amendment 38-U. This …