South America

Legislators in the Argentinian province of Buenos Aires have put forward a proposal to ban cash machines in land-based gambling establishments.  As reported by SBC Noticias, the bill was presented by Legislator Daniela Reich and refers to “bingo halls and casinos, slot machine rooms, racetracks or any public area in which bets are made for money or any other means …

Betby has inked an agreement with Brazilian igaming platform Weebet. This collaboration aims to enhance the experience of bettors in the region through Weebet’s initiatives in the national market.  Chris Nikolopoulos, CCO for Betby, commented: “We are excited to work together with Weebet, which, like us, strives for product excellence and innovation in the igaming landscape.  “I am positive that …

The International Betting Integrity Association (IBIA) has urged the rest of Latin America to take note of Brazil’s match-fixing tackling rulebook.  As it prepares for the launch of regulated sports betting, Brazil has issued an ordinance that requires all operators willing to partake in the market to become members of an independent integrity monitoring body, such as the IBIA.  With …

Golden Matrix Group Inc (GMGI) has underscored its corporate transformation, boosted by the acquisition of MeridianBet Group, a deal completed in April 2024. The Nasdaq-listed technology group issued a ‘preliminary notice’, forecasting its corporate revenues to top $39m for Q2 trading (period ending 30 June). Of significance, period trading saw GMGI align MeridianBet’s financial results with its fiscal calendar, reporting …

Brazil’s Minister of Finance, Fernando Haddad, has voiced his support for Bill 2,234/22 to legalise casinos, bingos, and betting on horse racing. As reported by SBC Noticias, the Minister had a meeting with Irajá Silvestre – the Senator and Rapporteur of the Constitution and Justice Commission (CCJ) – which approved the Bill earlier in June.  Speaking to Haddad, Silvestre said: …

LSports has been approved to operate in Peru by the country’s Ministry of Foreign Trade and Tourism (MINCETUR).  Thanks to the new B2B licence, LSports can now tap into the expanding Peruvian igaming market, and move forward with its expansion strategy across Latin America to provide local operators with its sports betting data services.  Dotan Lazar, CEO of LSports, commented: …

MightyTips and Marathonbet have formed a new partnership covering the Brazilian market. Aiming to dominate the ‘booming’ igaming scene, the pair collide to help Marathonbet boost its presence in the giant, and increasingly competitive, South American country. “We are pleased to announce the beginning of a long and fruitful cooperation with MightyTips,” a spokesperson from Marathonbet said.  “We are sure …

Mikel López de Torre has stepped down as Digital Director of Sportium, the Spanish sportsbook property of Grupo CIRSA. Announced on LinkedIn, López de Torre confirmed the end of his near decade-long tenure as Digital Director of Sportium, beginning in 2014, during which he led the sportsbook’s online sales, operations, and marketing units. CIRSA launched the Sportium brand in 2007 …

Brazil has a sprawling esports scene, with tens of thousands of fans regularly tuning in to watch tournaments and matches. Nonetheless, it remains unclear if esports will be part of the upcoming regulation of online sports betting. Victoria Fernandes, Head of Regulatory Compliance at Kambi, Anton Janér, Managing Director at Abios, Rafael Marchetti Marcondes, Chief Legal Officer at Rei do …

Sportradar has revealed that its Managed Trading Services (MTS) portfolio has enjoyed a significant clientele increase, signing 44 new sportsbook operators in H1 2024.  New and existing clients can leverage MTS to deploy a customisable sportsbook management solution, which provides the option for in-house management, as well as external support.  The solution aims to boost trading efficiency by using AI …