South America

South American News

Call for further information on Buenos Aires betting licences

Call for further information on Buenos Aires betting licences

Argentine political party Coalición Cívica ARI has requested further information concerning the granting of gambling licences in the capital of Buenos Aires.  Within the party’s request, nine deputies and senators mentioned the names of two local businessmen, Cristóbal López, who is under investigation for corruption, and Daneil Angelici, the former president of top flight football club Boca Juniors. It was …

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BA approval sees Betsson state full confidence in LatAm prospects 

BA approval sees Betsson state full confidence in LatAm prospects 

Betsson AB has underscored its ‘strong LatAm prospects’ after securing a ‘venture licence’ granted by the Province of Buenos Aires IPLyC lotteries and casinos institute. On 31 December, the IPLyC disclosed the seven ‘business ventures’ that had been granted licences to operate online gambling services within the province of Buenos Aires – Argentina’s most populous state. Betsson, seeking to participate …

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Buenos Aires finalises licensing regime but doubts remain on launch approval

SBC News Buenos Aires finalises licensing regime but doubts remain on launch approval

2021 has kicked off to strong LatAm developments, as ‘IPLyC’  – the regulatory authority of gambling for the province of Buenos Aires – concludes its year long online gambling licensing process. The publishing of BA’s executive gazette on 31 December disclosed the seven ‘business partnerships’ that have been allowed to form online gambling ventures servicing Buenos Aires province – Argentina’s …

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MGM Resorts makes moves to acquire Entain Group

BetMGM - MGM and Entain joint venture

US casino giant MGM Resorts is attempting to acquire the Entain Group, the new name for the recently rebranded GVC Holdings, according to the Wall Street Journal. Entain operates several global gaming brands, including Ladbrokes, Coral, Bwin, PartyPoker , SportingBet, Gala Bingo, Eurobet and Betboo, but is already a partner with MGM in the burgeoning US sports betting and gaming …

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William Hill acquires majority stake in Alfabet Colombia to open LatAm vision

SBC News William Hill acquires majority stake in Alfabet Colombia to open LatAm vision

William Hill Plc has secured its first South American sportsbook venture after confirming that it has acquired a ‘majority stake’ in Colombian-licensed operator Alfabet SAS. Closing its 2020 trading, the FTSE250 betting group stated that Colombia will be ‘the ninth regulated betting market in which William Hill will have an active presence’. Operating in Colombia since 2018, Alfabet SAS is …

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SBC Digital online events series launches with focus on regional markets

SBC Digital 2021 events series

SBC has announced the launch of SBC Digital, a series of online conferences and product showcases dedicated to several of the betting and gaming industry’s most attractive regional markets.  The series is the crucial third pillar of SBC’s services, sitting alongside the physical conferences and trade shows organised by SBC Events and the online news and print offerings of SBC …

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Entain eyes early 2021 debut for Bwin Colombia

SBC News Entain eyes early 2021 debut for Bwin Colombia

Entain Plc (formerly GVC Holdings) expects to launch its Bwin sportsbook property for the regulated Colombian online gambling market next month. Martin Lycka, Entain’s Senior Vice President of US Regulatory Affairs & Responsible Gambling, told SBC Noticias about the fast-moving developments for the FTSE100 betting group within Colombia. Having recently secured a Colombian online gambling licence by federal regulator Coljuegos, …

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Carsten Koerl joined by three regional CEOs in Sportradar reorganisation

Fresh Eight

Sportradar Group CEO Carsten Koerl will be supported by three regional CEOs in a company reorganisation, effective from 1 January 2021.  The new setup, explained Sportradar, provides it with more flexibility to support future growth, while enabling the business to operate in closer proximity to its end markets. The three new regional CEOs will be Arne Rees (North America), Werner …

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