South America

South American News

Winner Group & Sportium merger sees CIRSA transform its Colombia vision 

Blackstone-owned Grupo CIRSA has reorganised its Colombian market presence, allowing its Winner Group CIRSA casino subsidiary to take control of the Sportium Colombia brand.  The move was sanctioned as CIRSA aims to support Winner Group’s ambitions to become ‘Colombia’s leading gambling operator for land-based and online gambling disciplines’. Established in 1997, CIRSA’s Winner Group subsidiary operates 72 gambling venues (arcades, …

Read More »

FSB appoints David Charnock to oversee LatAm growth

FSB has strengthened the leadership of its expansion strategy in the Latin American markets, appointing David Charnock as its Business Development Director for the region. As Business Development Director for LatAm for the sports betting and igaming platform provider, Charnock will operate out of FSB’s San Jose office, with the responsibility of ‘continuing the upward momentum’ that the firm has …

Read More »

Codere strengthens LatAm visibility with River Plate partnership

Codere has strengthened its sports marketing activities in the Latin American market following an agreement with prominent Argentinian football team Club Atlético River Plate. The four-year deal will see the sports betting operator become the official betting partner of the Primera División team, whilst also gaining visibility via shirt sleeve branding for the initial stages of the deal. Expansion of …

Read More »

Playtech records strong B2B growth riding on calmer global tides

Playtech Plc has maintained confidence in delivering on its full-year financial targets and corporate objectives, as the FTSE250 technology group secures a series of positive outcomes during the first-half of 2021 trading.  Updating investors, Playtech outlined that group performance was in-line with expectations since the last trading update published on 26 May 2021, as the group cites ‘very strong online …

Read More »

Betsson delivers record earnings results as leadership targets dominance of new markets

Betsson AB has lauded its capacity to match operational scale demands, after the online gambling group posted record-breaking Q2 2021 earnings of SEK 472 million (€46m). Publishing its interim 2021 trading results (period ending 30 June), Betsson recorded Q2 group revenues to SEK 1.75 billion (€175m) – up 14% on corresponding 2020 results of SEK 1.53 billion. Q2 trading’s results …

Read More »

New SECAP secretary confident of launching Brazil’s sports betting regime by 2022

Gustavo José de Guimarães, the new secretary of SECAP, the agency leading Brazilian public policy development for the agriculture, energy and lottery sectors, has revealed that the government expects the sports betting sector to be regulated before the end of the year and up and running by 2022. According to comments made by local outlet Valor, shared by BNL Data, …

Read More »

GLMS publishes 2021 Mid-term intelligence report

The Global Lottery Monitoring System (GLMS) has published its 2021 Mid-term Monitoring & Intelligence Report, citing ‘a busy first six months’ of the year, from education to policy-making, engaging with its members and monitoring to maintain sport integrity. The GLMS shared several activities in which its lottery, associate and regulating members have participated, enhancing the quality of sports betting and especially facilitating the …

Read More »

Raketech expands Spanish vision with Infinileads network buyout

Raketech has acquired Spanish affiliate marketing publisher and lead generation specialist Infinileads SL, in a bid to expand its services for Latin America, Spain and Italy. Marked as an “important strategic milestone”, the acquisition of Infinileads – along with key assests Slotjava.es and Slotjava.it – sees Rakatech enhance its position within several of LatAm’s emerging markets, such as Argentina, Mexico and Peru, in addition to current Infinileads core …

Read More »

Euro 2020: Operator eyes smiling but lessons learned for domestic football return

Euro 2020

Thomas Molloy, Sportsbook Director at Pronet Gaming, reflects on a unique and record-breaking Euro 2020. It may have ended in heartbreak for Gareth Southgate’s men, but while England failed in their quest for glory in the Euro 2020 final against Italy, operators we spoke to around the world were left smiling after a very positive tournament experience. In all the …

Read More »

Bolsonaro approves GGR tax modification for Brazil’s inbound sports betting regime

Brazilian President Jair Bolsonaro has signed into law a federal decree that regulates tax regimes for a number of industries, including Brazil’s yet to be launched sports betting regime.   Signed as Law No. 14,183, the order was included in the Official Gazette of Thursday 15 July. The decree’s mandate stems from the ‘Provisional Measure 1,034/2021’ previously approved by the Plenary …

Read More »