South America

South American News

Brazil calls for a rethink on LOTEX’s future

SBC News Brazil calls for a rethink on LOTEX's future

The government of Brazil is reported to be ‘assessing its options’ with regards to the sale of state-owned Instant Win (Scratch Card) operator LOTEX – following six straight tender postponements. A reported ‘lack of interest’, would see BNDES, Brazil’s National Development Bank twice suspend this May’s planned tender procedure. BNDES, the agency charged with selling LOTEX, has come under fire …

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Codere pushes for Colombian appeal with Carlos Valderrama

SBC News Codere pushes for Colombian appeal with Carlos Valderrama

Bolsa Madrid gambling group Codere SA has launched its first specific Codere Apuestas Colombian multi-media marketing campaign – ‘Acepta el Reto’ (‘Take the Challenge’) featuring Colombian football legend Carlos Valderrama. The exclusive Colombian marketing campaign has been developed by Barcelona based advertising agency Manfiesto, with the aim of promoting Codere Apuestas Colombian sportsbook property to the wider general public. Codere …

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IPLyC lays out criteria for Buenos Aires licensing

SBC News IPLyC lays out criteria for Buenos Aires licensing

The Argentine Provinces Board for Lotteries and Casinos (IPLyC), the organisation charged with regulating and monitoring Buenos Aires’ soon to be regulated online gambling marketplace, has published its ‘criteria for competition’ related to securing one-of-seven BA licenses. The board confirms that it has set a deadline of Tuesday 25 June 2019 for competing parties to submit official BA tenders, with IPLyC …

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Unique gaming solution to drive “significant global expansion” for Finunion

Finunion

Finunion has targeted market share in Europe, Asia, LatAm and Africa after the successful deployment of its proprietary software for the Finbet brand. Founded in 2015, the company is ready to take its unique gaming solution to markets across the globe. It already provides a turnkey solution for both Finbet.kz – a multichannel brand for the Kazakhstan market – and …

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Askott announces esports-first platform extension

Askott - Copyright: lculig / 123RF Stock Photo

Operators setting up an esports-first gambling brand can get to market quickly through the new Chameleon platform from Askott Entertainment. By default, the B2B iGaming platform provides fixed odds betting on both esports and sports, pool betting on esports, fantasy esports and proprietary casino games. Chameleon 1.0 is currently only licensed in Curacao, but is in the process of adding …

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Argentine players seek international tie-ups to secure BA-7 licenses

SBC News Argentine players seek international tie-ups to secure BA-7 licenses

Argentine news reports of a ‘diverse cast’ of national and international operators vying to secure one of seven Buenos Aires province online gambling licenses. On Monday, the Buenos Aires executive closed its ‘window of submissions’ for operators seeking to join BA’s regulated online gambling marketplace. Argentina’s first legislative code for online gambling was approved last April, as BA districts sanctioned the …

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SIS ups LATAM coverage securing Caliente MX partnership

SBC News SIS ups LATAM coverage securing Caliente MX partnership

Racing content and data provider Sports Information Services (SIS) continues to advance its international profile, announcing that it will supply its ‘Greyhound Channel’ to  Caliente, Mexico’s biggest bookmaker. The partnership sees SIS significantly bolster its LATAM coverage, as SIS will broadcast its Greyhound Channel (in Spanish) across Caliente’s entire Mexican retail network. In addition, SIS will work with Caliente, on …

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BNDES LOTEX blunders weighing heavy on Brazil government

SBC News BNDES LOTEX blunders weighing heavy on Brazil government

Despite a new government in charge of Brazil, the planned sale of state-owned instant win (scratch) operator LOTEX continues to blunder on. Closing April, BNDES – Brazil’s national development bank, the organisation charged with selling the state asset – issued its fifth straight postponement of the LOTEX tender. It has now extended its window for bid proposals until 9 May. BNDES …

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Mexican Tribunal denies Codere expansion rights

SBC News Mexican Tribunal denies Codere expansion rights

A Mexican federal court has denied Grupo Codere the right to open a further 45 casino/betting establishments, hindering the Bolsa Madrid gambling group’s LATAM expansion plans. Last week, Mexican news sources revealed that on 15 April a Mexican Tribunal on administrative matters had revoked ‘Recreativos Codere’ its previous exemption from Ministry of Interior rules on licensing gambling properties. The tribunal’s …

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