South America

Javier Balbuena, former Director General of Paraguay’s CONAJZAR gambling commission, has been appointed as a key advisor to the Committee of Economic Affairs which is set to undertake a wholesale review of the country’s gambling laws. Speaking to SBCNoticias, Balbuena has confirmed that Committee members will review three separate ‘Games of Azar’ bills seeking to establish a new regulatory framework governing Paraguayan …

Sports betting event organiser and media company SBC has launched a dedicated news portal for the Spanish-speaking gaming industry, www.sbcnoticias.com. The new website will cover sports betting, igaming, casino and other global gaming news in Spanish, with a particular focus on emerging markets in Latin America, as well as Spain. It marks the first time SBC has launched a website …

Leading figureheads in Brazilian sports governance have urged the PSL government to help form a ‘Sports Integrity Committee’, driving an agenda on developing sports betting safeguards and protections. At present, Brazilian policymakers are assessing the regulatory frameworks propositioned by the government’s ‘draft decree’ on establishing a regulated land-based and digital sports betting marketplace. This summer, Brazilian authorities allowed diverse stakeholders …

Bolsa Madrid gambling group Codere SA will launch an investigation into the auditing of its Latin American business unit, as the firm admits to inconsistencies published in its year-to-date financial reporting. Communicated through Spain’s CNMV market authority Codere governance confirms that it will review the auditing of its entire LATAM unit, following ‘overstated accounts’ reported by a number of its …

New online sportsbook BetWarrior has secured its first football partnerships with Paraense State (North Brazil) teams Clube do Remo and Paysandu Sport. Complying with current Brazilian gambling regulatory frameworks, BetWarrior details that it has formed ‘fan-focused partnerships‘ with the two clubs, who compete in the ‘Campeonato Paraense’ state league. BetWarrior’s partnerships will allow fans of Remo and Paysandu to place …

Coingaming Group’s cryptocurrency sportsbook Sportsbet.io has been announced as co-developer of Argentine Superliga football club Rosario Central’s matchday mobile app. Issuing a club statement, Rosario Central management confirms that it has reached a ‘commercial alliance’ with Sportsbet.io, which will see the crypto bookmaker work with app developer Eclectica Ltd, developing an engaging free matchday app for Rosario fans. Once developed, …

Dinos Stranomitis, COO at Altenar, discusses the analysis behind creating the best sportsbook experience for Colombian players, why Coljuegos has adopted a clever approach to setting taxation and minimum RTP rates, and how maintaining the right working relationship with each and every one of its operators has helped his company to meet different regulatory challenges across the globe.  SBC: Colombia …