South America

Codere Online has seen net gaming revenue gains across all its segments in the second quarter of 2024, with average monthly active players rising in both Spain and Mexico. Following the “solid performance” in the first six months of the year, CFO Oscar Iglesias has stated that the operator has raised its full year outlook for 2024 once again. Publishing its financial results, Codere …

The launch of Brazil’s federal online gambling market is nearing its final stages, as the government has published technical ordinances to authorise online casino games and live gaming studios. Yesterday, the Secretariat of Prizes and Betting (SPA), the department that will serve as the federal gambling authority of Brazil, submitted Ordinance No. 1,207 to the government. The document outlines technical …

In the coming months of 2024, all gambling and media stakeholders are waiting for the final modalities of the ‘Brazil Bets’ regime to be settled, bringing South America’s biggest sports market into play. Monitoring developments closely, Murilo Lima, OneFootball’s Director of Partnerships for Brazil and Portugal, warns SBC Summit delegates that Bets’ first movers will face unique localised challenges. From …

Betby has announced a long-term sports betting partnership in Brazil with Pixbet. The deal will see Pixbet leverage Betby’s sports betting solution and services to upgrade its current sportsbook, aiming to offer customers in the region a ‘best-in-class’ online betting experience. Chris Nikolopoulos, Chief Commercial Officer at Betby, said: “It is a pleasure to have put pen to paper on …

Betsson Group has unveiled former Colombian goalkeeper René Higuita as a brand ambassador in a move to further strengthen its presence in LatAm. Higuita joins several other former South American footballers as an ambassador of the betting firm, such as Iván Zamorano, Paolo Guerrero, Mario Yepes, Zé Roberto, and Nolberto Solano. This initiative aligns with the Group’s recent sponsorship deals in the region, where they have partnered with …

Chile continues to witness legal battles, swamping the passage of launching a federal gambling regime, as sought by the government. Last week, Polla Chilena filed a new Supreme Court lawsuit against Chile’s leading telecom firms for providing online access to unlicensed online gambling operators. Operating as one of Chile’s municipal gambling operators, Polla Chilena believes that it is owed CLP …

Gaming Innovation Group (GiG) will lead the platform supply for Inkabet, Peru’s top online sportsbook brand, enabling its expansion into new South American markets. Betsson AB, the owner of Inkabet and technology partner of GiG since 2020, announced the partnership. Betsson acquired Inkabet in 2021 for $25m to strengthen its South American portfolio. GiG will upgrade Inkabet’s platform and operating …

Parimatch has signed with the Argentine Football Association (AFA) to become the sports body’s regional sponsor.  The link will enable AFA to strengthen its links with the online gaming sector, as well as receive extra visibility at various corporate sports industry events in Asia.  In addition, Parimatch customers will be able to participate in prize entries for the chance to …

Legislators in the Argentinian province of Buenos Aires have put forward a proposal to ban cash machines in land-based gambling establishments.  As reported by SBC Noticias, the bill was presented by Legislator Daniela Reich and refers to “bingo halls and casinos, slot machine rooms, racetracks or any public area in which bets are made for money or any other means …

Betby has inked an agreement with Brazilian igaming platform Weebet. This collaboration aims to enhance the experience of bettors in the region through Weebet’s initiatives in the national market.  Chris Nikolopoulos, CCO for Betby, commented: “We are excited to work together with Weebet, which, like us, strives for product excellence and innovation in the igaming landscape.  “I am positive that …