South America

Juan Barrachina – Kambi is the proven player for LatAm incumbents

Stockholm-listed sports betting systems provider Kambi Group Plc has set about dominating all wagering provisions for South American incumbents by expanding its existing commercial pipeline from Mexico’s borders to the “end of the world” in Tierra del Fuego Chile. Speaking to SBCNoticias, Kambi LatAm commercial lead Juan Barrachina underlined that the technology group is eyeing growth in Brazil and Buenos …

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Insider Sport: On The Ball – Oikos probe asks tough questions on Spanish football integrity

From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, InsiderSport has you covered. This week’s OTB reports on integrity allegations, club acquisitions and the possible reintroduction of safe standing areas in English football stadiums. Spanish match-fixing allegations lead to nine arrests. A total of nine people were arrested after corruption allegations …

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Balbuena predicts consequences following Paraguayan football integrity appeal

Consequences should be expected according to the former director general of Paraguay’s CONAJZAR gambling commission, Javier Balbuena, following the recent appeal against Club Olimpia president Marco Trovato. The appeal, which was made last week to the Paraguayan Football Association (APF),  requested that an investigation be opened into Trovato following allegations first reported by the La Nación newspaper group.  The report …

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Azteca arrangement sees Addison launch MoPlay Mexican profile

Gibraltar-based Addison Global is set to launch its flagship MoPlay mobile sportsbook within Mexico’s burgeoning sports betting market in partnership with TV Azteca. Updating stakeholders, Addison governance details that it has secured a strategic business arrangement with the TV broadcaster’s ‘Ganador Azteca’ gambling subsidiary, which allows MoPlay to launch its Mexican online betting services. The agreement allows Addison to fulfil …

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Playtech leads ‘omni upgrade’ of Wplay Colombia

Playtech Plc has detailed further information on its ‘long-term’ technology agreement with Aquila Global, operator of ‘Wplay Colombia’, which was confirmed this morning in the FTSE250 firm’s latest trading update. Servicing Aquila Global, Playtech will act as ‘strategic technology lead’ integrating its omni-channel systems and further marketing services for the flagship Wplay property. Wplay operates Colombia’s biggest retail betting network …

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Codere reviews ‘corporate structure’ following damaging LatAm investigation

Bolsa Madrid gambling group Codere SA has sanctioned a review of its ‘operating structure’, following an independent investigation of auditing discrepancies found within its LatAm subsidiaries. This October, an embattled Codere governance was forced to declare to Spain’s CNMV markets authority that year-to-date accounts had ‘overstated earnings’ by €13-20 million attached to the firm’s LatAm business unit. Facing investor backlash, …

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Coljuegos sanctions tender for Super Astro draw game

Coljuegos, the regulatory authority for Colombian gambling, has sanctioned a competitive tender for the concession to service its ‘Super Astro’ draw-based game. Super Astro is a popular horoscope themed mini lotto draw-based game which has been operated by Colombian national lottery operator Corredor Empresarial SA since 2015. Super Astro draws are televised weekly across Colombian provisional TV networks. Issuing a market …

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Argentina: Paving the way for exponential iGaming growth

Argentina is regarded by igaming experts as a country with huge potential, writes BtoBet CEO Alessandro Fried. In fact, big recent strides to regulatory laws have cemented its igaming credentials. From a regulatory point of view there remain provinces yet to allow online betting, but it seems that the country as a whole is keen on regularizing the industry – albeit …

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Vague Morena mandate causes confusion on Mexican gambling taxes

Mexican gambling stakeholders have been left confused by Morena Party’s intended tax frameworks, which seek to modify the nation’s governing ‘Federal Law of Games and Sweepstakes (LFJS)’. This October, Morena Deputy Emmanuel Reyes Carmona presented the party’s LFJS tax modifications, reported by national media as a ‘20% excise increase’ on online gambling activities. The miscommunication relates to a poorly worded …

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Martin Lycka: What Would Pelé Do?

In the fifth of a series of columns on international gambling legislation, GVC Holdings Director of Regulatory Affairs Martin Lycka wonders what might Pelé and his footballing band of brothers think about Brazilian sports betting regulation. In an exclusive fictitious interview, we have asked Brazil’s all-time leading goal scorers for their views on the regulatory works the Brazilian government has …

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