South America

The Executive Committee of Brazil’s Federal Senate has appointed senator Veneziano Vital do Rego to represent the casino bill. First introduced in September of last year, the appointment is a clear indication that the Brazilian Government is aiming to accelerate the legislation for casino resorts within the country. The bill would allow for one casino in each of Brazil’s 26 states with 35-year concessions which …

Scientific Games Corporation has debuted its OpenGaming ecosystem in Colombia this week with Betsson Group which last year acquired a 70% stake in one of the country’s first licensed operators, Colbet. Initially, Colbet customers can access games developed by SG’s in-house studios, along with content supplied by its newly acquired business Lightning Box, as well as third-party providers Big Time Gaming and ReelPlay. The full OpenGaming portfolio is set to …

The board of Codere SA has filed an F-4 ‘preliminary registration statement’ with the US Securities and Exchange Commission (SEC) putting forward its prospectus to list its ‘Codere Online’ business on the US Nasdaq.  The registration sees Codere advance its plans to divest its Codere Online unit by merging with DD3 Acquisition Corp – a SPAC led by former Goldman …

Playbetr has partnered with French football club Paris St Germain (PSG), with a focus on promoting the team in the Latin American market. The three-year agreement between the club and the South American operator – which specialises in providing cryptocurrency sports betting, casino and B2B products and solutions – will see Playbetr benefit from marketing and branding rights. Playbetr will …

Betsson AB has continued its recent expansion in South American markets by announcing that it has reached an agreement to acquire the online business of sportsbook and casino operator Inkabet.  The deal has been formalised by Betsson subsidiary SW Nordic Limited, which has agreed to an initial consideration paying $25 million to acquire the Peru-licensed operator’s online assets. Further deal …

Kambi Group Plc has expanded its commercial reach to the West Indies after becoming the exclusive online sportsbook platform provider of The Bahamas’ Island Luck casino.  Founded in 2009, Nassau-based Island Luck casino operates as the largest gambling enterprise licensed by the Gaming Board of The Bahamas. Kambi has secured a multi-year agreement to redevelop and re-launch Island Luck’s new …

Blackstone-owned Grupo CIRSA has reorganised its Colombian market presence, allowing its Winner Group CIRSA casino subsidiary to take control of the Sportium Colombia brand.  The move was sanctioned as CIRSA aims to support Winner Group’s ambitions to become ‘Colombia’s leading gambling operator for land-based and online gambling disciplines’. Established in 1997, CIRSA’s Winner Group subsidiary operates 72 gambling venues (arcades, …

FSB has strengthened the leadership of its expansion strategy in the Latin American markets, appointing David Charnock as its Business Development Director for the region. As Business Development Director for LatAm for the sports betting and igaming platform provider, Charnock will operate out of FSB’s San Jose office, with the responsibility of ‘continuing the upward momentum’ that the firm has …