South America

Brazil closes on regulated betting after record MP 846 approval

Sportradar - Copyright: believeinme33 / 123RF Stock Photo

Brazil has taken another step towards legal and regulated sports betting after the country’s Senate voted in favour of MP 846. Brazil’s upper legislative body passed the bill, which details the allocation of lottery revenue to public security as well as allowing for online sports betting, less than 24 hours after the Lower House had done the same. It now …

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SBC’s On The Ball – DAZN, Eleven Sports and the Copa Libertadores

From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, SBC has you covered. This edition looks at the postponed Copa Libertadores final and a broadcasting expansion for DAZN. Copa Libertadores heads to the Santiago Bernabeu After the second leg of the Copa Libertadores Final was postponed twice due to fans attacking …

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BNDES aims to complete LOTEX Brazil sale by February 2019

BNDES – Brazil’s national development bank has further postponed the tender process for its agreed sale of LOTEX, the state-owned operator of instant win (scratch) games. The sale of LOTEX had received its original government approval on August 2017, allowing BNDES to begin the tender process for 2018, which was reported to be seeking a minimum of BRL 4 billion …

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BetConstruct Casino aggregator gets fresh update from Evoplay Entertainment

The industry’s first 3D/VR slot games from Evoplay Entertainment have delivered a fresh update to the BetConstruct Casino aggregator. The game development studio has agreed a deal which sees its most innovative titles made available to BetConstruct’s casino customers. Evoplay’s portfolio includes over 50 slots, table and instant games, including the first 3D/VR slots game, ‘Necromancer’, which was debuted at …

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All eyes on wounded Grupo Codere

European business analysts are monitoring the movements of Bolsa Madrid gambling firm Grupo Codere SA closely, as the embattled company faces multiple obstacles in its corporate recovery. Following the publication of its Q3 2018 trading update (13 Nov) in which the company posted year-to-date net losses of €55 million, Codere has witnessed its share price collapse from €6.20 to €2.85 …

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ALEA and GLMS conference highlights importance of Argentina’s sports integrity

Jointly organised by the Global Lottery Monitoring System (GLMS) and the Association of Argentinian Lotteries (ALEA), a press conference involving a host of high level speakers,  this week underlined the importance of issues related to illegal sports betting regulation and sport competition manipulations in Argentina. The conference placed a specific emphasis on tennis, with Friedrich Martens from the International Olympic …

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BetRegal diary: Passing the tipping point between repair and replace

BetRegal

Aly Lalani, Head of Marketing at BetRegal, discusses passing the ‘tipping point’ between repair and replace and ‘biting the bullet’ by migrating to a new software partner. “In a chronically leaking boat, energy devoted to changing vessels is more productive than energy devoted to patching leaks.” I have always been a fan of that Warren Buffett saying. Not only is …

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Steven Spartinos – Kiron – Providing ‘must have’ virtual products to global operators

Kiron

Steven Spartinos, co-founder and co-CEO of Kiron Interactive, spoke to SBC News about the technical challenges to producing virtual content, a UKGC statistic that helps to explain the virtual transition from retail to digital in the UK, the corresponding picture in emerging markets such as Africa and LatAm, and the key differences in regulation or content to consider for virtual …

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LMB Mexico appoints Genius Sports as integrity lead

Mexico’s top baseball league – Liga Mexicana de Beisbol (LMB) has moved to strengthen its all-around integrity capacities incorporating Genius Sports’ data systems and technology infrastructures. The partnership will see Genius Sports’ ‘Bet Monitoring System’ review in real-time all LMB related betting odds and markets. Confirming Genius Sports as Integrity lead, Javier Salinas, President of LMB stated that the Mexican …

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Buenos Aires Governor calls for a review of online gambling

The Senate for Buenos Aires, Argentina’s largest province is reported to be reviewing legalising online gambling activities. The first set of proposals attached to Buenos Aires 2019 Budget has been put forward by BA Governor Maria Eugenia Vidal, seeking to revamp the province’s legislative gambling framework. Argentine news sources report that BA’s governing Argentina PRO party (centrist-right) seeks to issue …

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