Kambi Group plc has entered into a multi-year agreement to provide its technology and services to leading Argentinian gambling operator Casino Magic. The partnership will see Kambi support the launch of an online Casino Magic sportsbook in Argentina’s Neuquén province, with the country in the process of regulating sports betting on a province-by-province basis. Kristian Nylén, CEO of Kambi, said: “We are delighted to …
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Betway has extended its sponsorship of Brazilian pro-Counter-Strike team ‘Made in Brazil’ (commonly referred to as ‘MIBR’) for a further year. The sponsorship extension marks the fourth consecutive year that Betway will serve as team sponsor of MIBR, recognised as Brazil’s oldest and most successful esports franchise. The renewal will see the Betway brand continue to feature on the front …
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The creditors of Codere SA have allowed the Spanish gambling group to renegotiate the terms of its senior secured debt notes. The Bolsa Madrid gambling group has been allowed to defer its debt maturity payments from 2021 to 2023 as part of the firm’s ongoing restructuring arrangements. Back in July, company creditors had allowed Codere to access a further €250 …
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Genius Sports has significantly advanced its LatAm market footprint, as Mexico’s Grupo Caliente expands its existing partnership with the sports tech firm to cover all wagering disciplines. Recognised as Mexico’s biggest gambling group, Caliente has agreed for Genius Sports’ Betgenius division to serve as lead provider of all sportsbook management provisions for its flagship Caliente.mx brand. Caliente has, therefore, upgraded …
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South American bookmaker Rivalo has become the latest operator to integrate BetBooster, the flagship ‘AI-driven bet stimulation tool’ from LVision. Rivalo has paved the way for deeper player engagement and additional revenues by integrating the product across its Spanish and Portuguese language sportsbooks. Delivered as a widget or as a sports data feed, BetBooster provides sportsbooks with a fully automated, …
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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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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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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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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 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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