South America

South American News

188BET forms cautious partnership with Atlético Mineiro

SBC News 188BET forms cautious partnership with Atlético Mineiro

188BET advances its South American profile, confirming that it has become a ‘digital partner’ of Brazilian Serie A football side Clube Atlético Mineiro. Issuing a statement on its website, the Belo Horizonte football club has communicated that it has agreed on a ‘commission-based partnership’ referring customers to the online bookmaker. Atlético Mineiro further details that the 188BET brand will hold …

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Codere ups racing muscle with SIS content partnership

SBC News Codere ups racing muscle with SIS content partnership

Bolsa Madrid operator Grupo Codere SA has moved to enhance its live racing content across its Spanish and Mexican digital properties, integrating Sports Information Services SIS new 24/7 Live Betting Channel. SIS informs that its new live pictures partnership will see Codere ESP and MX digital domains gain horseracing and greyhound content throughout the day. Peter Lucas, Sportsbook Trading Director …

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Coljuegos launches public awareness campaign for Copa America 2019

SBC News Coljuegos launches public awareness campaign for Copa America 2019

Juan Pérez Hidalgo, the President of Colombian gambling regulator Coljuegos has launched new national campaign #LaJugadaPerfecta (#theperfectgame), raising public awareness of Colombia’s new gambling laws and licensed incumbents. Coljuegos’ public awareness campaign was launched this weekend, ahead of the start of the CONMEBOL Copa America 2019 football tournament hosted in Brazil. Entering what is anticipated to be Colombian betting’s busiest …

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BetCris & Betway join BA-7 hunting pack

SBC News BetCris & Betway join BA-7 hunting pack

Publishing its latest update, the Argentine Provinces Board for Lotteries and Casinos (IPLyC) – the overseeing body of Buenos Aires’ newly sanctioned online gambling framework – has disclosed a clearer picture of which enterprises will compete for its seven BA licenses. Updating stakeholders, IPLyC confirms that international operators’ BetCris and Betway have secured Argentine partnerships allowing them to bid for …

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Codere sanctions Credit Suisse to lead its Mexican charge

SBC News Codere sanctions Credit Suisse to lead its Mexican charge

Spanish business news source El Confidencial reports that the governance of Grupo Codere SA has sanctioned investment bank Credit Suisse to lead its corporate refinancing, as the Bolsa Madrid gambling group reviews its South American options. The Swiss multinational bank is reported to have been given a two-fold mandate by Codere governance, being ordered to raise capital for new expansion …

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Codere seeks to end Sampedro drama at ‘critical AGM’

SBC News Codere seeks to end Sampedro drama at 'critical AGM'

Bolsa Madrid gambling firm Grupo Codere SA is set to host a ‘critical showdown’ at its annual general meeting set for Monday 26 July, as corporate stakeholders seek to settle the governance dispute between US debt holders and the enterprise founding Martínez Sampedro family. Spanish business news sources report, that Codere investors will seek to remove Martínez Sampedro board representatives’ …

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Crowded field pitches up for BA online gambling tender

SBC News Crowded field pitches up for BA online gambling tender

As anticipated the upcoming Buenos Aires online gambling tender will see a raft of international gambling operators’ partner with Argentine enterprises seeking to secure one of seven IPLyC licenses.  Setting a 25 June deadline for final applications, this May, BA’s regulatory gambling body IPLyC published its ‘official criteria for competition’, outlining key venture requirements to compete for BA-7 licenses. Though …

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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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