South America

South American News

Delasport: The Mexican market is ready to play

SBC News Delasport: The Mexican market is ready to play

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 furthers front-of-shirt exposure in Atlético Mineiro sponsorship renewal

SBC News Betano furthers front-of-shirt exposure in Atlético Mineiro sponsorship renewal

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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Mor Weizer: Playtech reaps big rewards of Latin American JV gambles 

SBC News Mor Weizer: Playtech reaps big rewards of Latin American JV gambles 

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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Buenos Aires racecourses permitted to grant betting licences

SBC News Buenos Aires racecourses permitted to grant betting licences

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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Congress of Chile urged to impose advertising ban ahead of gambling resolutions

SBC News Congress of Chile urged to impose advertising ban ahead of gambling resolutions

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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Betcris strikes ninefold agreement with Honduran football clubs

SBC News Betcris strikes ninefold agreement with Honduran football clubs

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 proposes tax bill despite no settlement on gambling laws 

SBC News Brazil's Senate proposes tax bill despite no settlement on gambling laws 

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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IBIA fights sports betting fraud in Colombia under Memorandum of Understanding

SBC News IBIA fights sports betting fraud in Colombia under Memorandum of Understanding

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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Stake.com makes Formula One debut in Pietro Fittipaldi partnership

SBC News Stake.com makes Formula One debut in Pietro Fittipaldi partnership

Stake.com has revealed a partnership with Pietro Fittipaldi ahead of the Formula One season which begins this weekend.  Pietro, Haas F1 Team driver, is also joined by his brother Enzo, the Charouz F2 Racing team driver, to become the firm’s Brazilian representatives for the 2022 renewal, whilst the pair will provide F1 fans with analysis of each race. “We’re delighted …

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