Novibet has declared its intentions to merge with Nasdaq-listed SPAC Artemis Strategic Investment Corporation (Artemis), to pursue new growth opportunities across Europe and the Americas. The Greek market and Pan-European betting group will pursue a merger with Artemis that will lead to Novibet’s intended listing on the Global Nasdaq Exchange, based on a “pre-transaction valuation of $625 million”. Should the …
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Mexico is widely considered a golden opportunity for global iGaming operators, according to Delasport as it assesses the potential opportunities available in the country’s iGaming market. With a mobile penetration of around 80% across a population nearing 130 million people, the second-strongest economy in Latin America is steadily putting itself on the map for the global online gambling industry. If …
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Betano has announced the renewal of its sponsorship agreement with Atlético Mineiro as the online betting site continues to appear on the team’s shirt until the end of 2024. With the original collaboration with the Campeonato Brasileiro Série A Club beginning in January 2021, the partners stated that it has been successful as it “ratifies the growing strength of betting …
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In what may well be his last conference call as Group CEO of Playtech Plc, Mor Weizer highlighted to investors the firm’s dominance across nascent Latin American markets as the group’s joint-venture partnerships continue to dictate the state of play. Weizer, who has chosen to freeze his leadership of the FTSE250 technology group to support the takeover by Hong Kong …
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Racetracks in the city and province of Buenos Aires will now be able to grant betting licences, following permission from regional regulatory authorities. A new update on the regulation of the province’s horse racing agencies from the Provincial Institute of Lotteries and Casinos (IPLyC) – the local regulator – and published in the provincial Official Gazette, confirmed the development. As …
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The National Congress of Chile has been notified that Coquimbo region representative Marco Antonio Sulantay will present a bill seeking to impose an outright ‘betting advertising ban of sports events and teams’. Yet to be submitted to the Lower House , the bill drafted by the Coquimbo deputy seeks to prohibit Chiliean media and sports clubs, (in particular football teams) …
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The growing influence of the internet has changed the way in which the betting and gaming industry consumes information and positions itself as a form of entertainment. That was a key focus for Betsson AB CEO Pontus Lindwall in Issue 19 of the SBC Leaders Magazine. In his lead interview, which can be read here, Lindwall reflects on the ups …
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Betcris has entered into nine different sponsorship arrangements with football clubs from the League of Honduras, strengthening its sports marketing approach in the country. The ninefold business development marks an enhancement of Betcris brand visibility in Latin America, in particular in Honduras where the online sports betting operator already holds the title sponsorship to the aforementioned League of Honduras. As …
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Brazil’s Senate Commission of Economic Affairs has approved a tax proposal on online games, despite a lack of clarity as to how the government will implement its federal gambling laws. President of the Chamber of Senators Rodrigo Pacheco hinted that “whilst the debate won’t happen anytime soon”, interested parties should have information with regards to what type of taxes will …
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In combating sports betting-related fraud in Colombia, the International Betting Integrity Association (IBIA) has signed a Memorandum of Understanding with the country’s Federation of Entrepreneurs of Games of Luck and Chance (FECOLJUEGOS). The organisation has also stated that it will establish projects and initiatives in looking to protect the integrity of sports and sports betting companies. “We are happy to …
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