South America

South American News

Ecuador’s Lasso demands 15% transactional tax on sports betting 

SBC News Ecuador’s Lasso demands 15% transactional tax on sports betting 

Guillermo Lasso, President of Ecuador, has published a tax reform proposal aimed at improving the economic recovery and fiscal standing of the South American nation. Personally drafted by Lasso, the proposal forms part of an ‘urgent economic project’ and will be put forward to the National Congress of Ecuador, who will be given a 30-day period to review the proposal …

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IBIA to ensure the integrity of Brazilian sporting events

SBC News IBIA to ensure the integrity of Brazilian sporting events

The International Betting Integrity Association (IBIA) has signed a sports betting integrity protection agreement with the Brazilian Institute of Responsible Gaming (IBJR). In response to the arrival of regulation in the sector and the manipulation of matches and bets concerning Brazilian sporting events, the deal will develop activities which reinforce monitoring against match-fixing and reliability in sporting events and online …

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Coljuegos welcomes Dr Libos Zúñiga as new President

SBC News Coljuegos welcomes Dr Libos Zúñiga as new President

The government of Colombia has confirmed the appointment of Dr Libos Zúñiga as new President of federal gambling authority Coljuegos.  Zúñiga, who is well-versed in economics, presently holds the role of deputy director of fiscal policy at the Ministry of Finance and Public Credit. His prior roles at the Ministry have included advising on the retail sector and tax policy. …

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Rivalry’s Brazil creator marketing continues with Tribo addition

Rivalry’s Brazil creator marketing continues with Tribo addition

International esports operator Rivalry has continued to lay foundations in Brazil ahead of market regulation, partnering with Tribo, a Counter-Strike content group. The company, based in Toronto and active in the regulated markets of Ontario and Australia, will conduct campaigns and activations with Tribo members Alessandro ”Apoka” Marucci, André “Liminha” Kenzo, Fillipe “BT” Moreno, Victor “VelhoVamp” Taube and Jean “mch” …

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Brazil to tighten laws on betting integrity, prize authorisation and tax allocations 

Brazil’s IBGR lambasts Lula administration’s betting tax ‘burden’

Yesterday afternoon, Brazil’s federal government notified agencies of its imminent plans to publish provisional measures required to regulate a fixed-odds sports betting market.  Via SBCNoticias, further developments have been uncovered in relation to the regulatory development of Brazil’s pending sports betting regime, with measures drafted by the Ministry of Finance and due to be endorsed by President Lula da Silva. …

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Brazil publishes provisional measures on Betting Tax & Market Safeguards

SBC News Brazil publishes provisional measures on Betting Tax & Market Safeguards

The Federal Government of Brazil has informed stakeholders and agencies about its imminent proposal to regulate a fixed-odds sports betting regime. A provisional notice has been published on the government’s website, outlining the proposed rules and measures drafted by the Ministry of Finance. These measures aim to regulate Brazilian sports betting. The proposal will engage multiple ministries, including Planning, Management, …

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Brazil trade group copies UK model on betting advertising  

SBC News Brazil trade group copies UK model on betting advertising  

The newly formed Brazilian Institute for Responsible Gaming (IBJR) has announced a self-regulated code for betting advertising, titled the “Brazilian Code for Advertising Self-Regulation”, published in anticipation of the government concluding its federal framework to legalise sports betting.  The advertising code was announced as the first major initiative of the Trade Body that was officially formed on 9 May in …

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James Kilsby: VIXIO MAT is a game changer for regulatory intelligence

SBC News James Kilsby: VIXIO MAT is a game changer for regulatory intelligence

This May, VIXIO Regulatory Intelligence launched its Market Assessment Tool (MAT) –  a first-of-a-kind device providing a comprehensive overview of over 140 global gambling jurisdictions for all stakeholders. Central to MAT’s development, SBC gets the full breakdown from VIXIO VP & Chief Analyst James Kilsby on delivering a +2-year project to match the industry’s intelligence demands for an evolving and …

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Coljuegos leaderless as Colombia faces civil service fallout

SBC News Coljuegos leaderless as Colombia faces civil service fallout

Roger Carrillo Ocampo has officially resigned as President of Coljuegos, the gambling authority of Colombia.  Carrillo Ocampo was among senior civil service officials to reject President Gustavo Petro’s plans to overhaul Colombia’s public healthcare system, which remains stuck in Congress. A Conservative Party member and experienced administrator, Carrillo Ocampo was appointed by the Ministry of Finance to serve as President …

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IBIA enhances integrity of Brazil’s ‘dynamic and competitive’ betting market

SBC News IBIA enhances integrity of Brazil’s ‘dynamic and competitive’ betting market

The International Betting Integrity Association (IBIA) has announced that it is expanding its integrity monitoring and wider anti-match-fixing operations in Brazil.  The decision comes in response to new government regulations, the ‘rapid growth’ of the Brazilian sports betting market as well as IBIA data confirming that the country’s sport is a regional target for criminal match-fixers.  Khalid Ali, IBIA CEO, …

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