South America

South American News

Jeff Cleminson leaves SG Digital to join Optimove

Cleminson

Jeff Cleminson, a long-term senior director at SG Digital, has been confirmed as the new Director of Client Management at Optimove. The hire, said Optimove, is “indicative of its strategic investment in existing clients as a key growth engine for the business”. In his new role, Cleminson will oversee all commercial relationships with Optimove’s gaming customers in Europe, Latin America …

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Codere Online elects board nominations ahead of full divestment 

SBC News Codere Online elects board nominations ahead of full divestment 

DD3 Acquisition Corp, the SPAC vehicle that intends to merge with Codere Online to become the first Spanish language markets wagering business listed on the US Nasdaq, has disclosed the company’s first executive directorship appointments. Maintaining schedules, DD3 and Codere Online are expected to merge on Thursday 18 November – following the conclusion of a shareholders meeting to finalise the …

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Codere showing signs of recovery following LatAm reopening

SBC News Codere showing signs of recovery following LatAm reopening

Codere is confident of bouncing back from COVID-19 induced headwinds, having identifying a resurgence in Latin American countries as the jurisdictions gradually reopen after months of lockdowns. Providing a financial update for the first nine months of 2021, the Spanish gambling group explained that it had generated total revenue of €499.6 as of September 2021, an increase of 8.5%. Codere …

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PA Betting Services partners with ElTurf in LatAm expansion move

SBC News PA Betting Services partners with ElTurf in LatAm expansion move

PA Betting Services has partnered with Chilean pre-race content, tipping, stats and breeding information provider ElTurf, in a bid to expand its reach in Latin America. The exclusive collaboration will see the new partners work to combine their respective specialities to provide pre-race content ‘at comparable levels to those seen from both North America and the UK’ to Latin American …

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IBIA updates Optimum Betting Market study to address LatAm sector

SBC News IBIA updates Optimum Betting Market study to address LatAm sector

The International Betting Integrity Association (IBIA) has released Spanish and Portuguese language versions of its Optimum Betting Market study in recognition of the burgeoning Latin American sorts wagering sector. By updating the report, the IBIA hopes to ‘assist the development of betting regulation’ in countries in the region such as Brazil by assessing existing regulatory models in Colombia, Mexico and …

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Europe accounts for 169 betting alerts in GLMS Q3 update

SBC News Europe accounts for 169 betting alerts in GLMS Q3 update

The Global Lottery Monitoring System (GLMS) has identified 358 suspicious sports betting alerts throughout the third quarter of 2021, with Europe accounting for the majority of alerts. Publishing its Q3 update, the GLMS reported that it was alerted to 169 cases of suspicious wagering activity in Europe – a trend which was demonstrated in its Q1 2021 report earlier this …

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Marcos Oliveira: How Clever Advertising is capitalising on Latin American growth opportunities

SBC News Marcos Oliveira: How Clever Advertising is capitalising on Latin American growth opportunities

Having entered the Latin American market seven years ago, Clever Advertising has identified numerous areas for growth. But according to Marcos Oliveira, Chief Commercial Officer, there is “still work to be done and areas to be explored” across the region. Ahead of this week’s SBC Summit Latinoamérica, Oliveira explains how Clever Advertising navigates the differences between Latin American and European …

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Euro market adjustments see Betsson anticipate a tougher 2021 landing

Betsson

Betsson AB has maintained confidence in its sports betting operations, with revenue in the sector offsetting a decline in casino, whilst also lauding its acquisitions strategy but acknowledging hurdles in the newly regulated Dutch market. Publishing its Q3 trading update, the Nasdaq Stockholm registered group reported overall revenue of SEK 1,733.3 million, representing a 3% increase on the corresponding quarter …

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