South America

New BA governor Kicillof appoints Omar Galdurralde as IPLyC lead

Argentine business news sources report that newly elected Governor of Buenos Aires Province Axel Kicillof is set to appoint close associate Omar Galdurralde as the new Director-General of the Argentine Provinces Board for Lotteries and Casinos (IPLyC). Kicillof, Argentina’s former Economic Minister, takes charge of Buenos Aires executive, having won BA Province’s 27 October governorship election against former incumbent Maria …

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Peter Nolte lays out Patagonia Entertainment’s 2020 LatAm vision

Peter Nolte, Chief Executive of Patagonia Entertainment, has told SBCNoticias that the bespoke supplier of industry B2B systems and platforms will move to significantly expand its operations in Peru, meeting increased LatAm wagering demands. Expanding its operational capacity beyond its home market of Uruguay, “Patagonia will open an office in Peru during the first quarter of 2020,” he detailed, following a ‘year of …

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Betsson states Brazilian intent by acquiring 75% stake in Suaposta racing

Stockholm-listed Betsson AB has acquired a 75% majority shareholding in Brazilian racing operator Suaposta, securing an early foothold in Brazil ahead of an anticipated regulated market opening. Betsson management has confirmed its investment in Suaposta, but as yet has chosen not to disclose any deal terms or conditions. Operating in partnership with Porto Alegre’s ‘Rio Grande do Sul Jockey Club’, Suaposta …

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Juan Barrachina – Kambi is the proven player for LatAm incumbents

Stockholm-listed sports betting systems provider Kambi Group Plc has set about dominating all wagering provisions for South American incumbents by expanding its existing commercial pipeline from Mexico’s borders to the “end of the world” in Tierra del Fuego Chile. Speaking to SBCNoticias, Kambi LatAm commercial lead Juan Barrachina underlined that the technology group is eyeing growth in Brazil and Buenos …

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Insider Sport: On The Ball – Oikos probe asks tough questions on Spanish football integrity

From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, InsiderSport has you covered. This week’s OTB reports on integrity allegations, club acquisitions and the possible reintroduction of safe standing areas in English football stadiums. Spanish match-fixing allegations lead to nine arrests. A total of nine people were arrested after corruption allegations …

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Balbuena predicts consequences following Paraguayan football integrity appeal

Consequences should be expected according to the former director general of Paraguay’s CONAJZAR gambling commission, Javier Balbuena, following the recent appeal against Club Olimpia president Marco Trovato. The appeal, which was made last week to the Paraguayan Football Association (APF),  requested that an investigation be opened into Trovato following allegations first reported by the La Nación newspaper group.  The report …

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Azteca arrangement sees Addison launch MoPlay Mexican profile

Gibraltar-based Addison Global is set to launch its flagship MoPlay mobile sportsbook within Mexico’s burgeoning sports betting market in partnership with TV Azteca. Updating stakeholders, Addison governance details that it has secured a strategic business arrangement with the TV broadcaster’s ‘Ganador Azteca’ gambling subsidiary, which allows MoPlay to launch its Mexican online betting services. The agreement allows Addison to fulfil …

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Playtech leads ‘omni upgrade’ of Wplay Colombia

Playtech Plc has detailed further information on its ‘long-term’ technology agreement with Aquila Global, operator of ‘Wplay Colombia’, which was confirmed this morning in the FTSE250 firm’s latest trading update. Servicing Aquila Global, Playtech will act as ‘strategic technology lead’ integrating its omni-channel systems and further marketing services for the flagship Wplay property. Wplay operates Colombia’s biggest retail betting network …

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Codere reviews ‘corporate structure’ following damaging LatAm investigation

Bolsa Madrid gambling group Codere SA has sanctioned a review of its ‘operating structure’, following an independent investigation of auditing discrepancies found within its LatAm subsidiaries. This October, an embattled Codere governance was forced to declare to Spain’s CNMV markets authority that year-to-date accounts had ‘overstated earnings’ by €13-20 million attached to the firm’s LatAm business unit. Facing investor backlash, …

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Coljuegos sanctions tender for Super Astro draw game

Coljuegos, the regulatory authority for Colombian gambling, has sanctioned a competitive tender for the concession to service its ‘Super Astro’ draw-based game. Super Astro is a popular horoscope themed mini lotto draw-based game which has been operated by Colombian national lottery operator Corredor Empresarial SA since 2015. Super Astro draws are televised weekly across Colombian provisional TV networks. Issuing a market …

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