South America

South American News

Arriba! SIS ups LATAM profile with Codere racing content

SBC News Arriba! SIS ups LATAM profile with Codere racing content

Multi-channel racing content and data services provider Sports Information Services (SIS) enhances its live betting channels, adding Codere Latin American racing content to its program. Updating stakeholders, SIS has agreed a three-year partnership with Bolsa Madrid gambling firm Grupo Codere SA, which will see it act as lead ‘live pictures and data distributor’ of Codere LATAM syndicated racing properties. Detailing …

Read More »

The ‘ideal’ gaming platform: Living up to the multifaceted label

platform

When it comes to the iGaming industry, the ideal gaming platform is often seen as one that, once developed, can be easily integrated into an existing operator’s environment. However important this might be, it is integration of a different kind – and particularly those that come much earlier in the developmental process, of most concern to BtoBet Chairman Alessandro Fried. …

Read More »

Argentina PRO secures Buenos Aires gambling restructure

SBC News Argentina PRO secures Buenos Aires gambling restructure

As anticipated the Executive of Buenos Aires has approved Budget Plan 2019 directives 142 and 143 sanctioning significant changes to the province’s operational gambling framework. On Tuesday, district leaders voted in favour of BA Governor Maria Eugenia Vidal’s 2019 proposals, introducing a new 2% tax charge on player winnings from land-based casino, arcade and bingo operators. Governor Vidal secures a ‘major victory’, …

Read More »

Winning Post – US operators dive into integrity

SBC News Winning Post - US operators dive into integrity

Brazil: regulated sports betting – more nutcracker than sweet Regulated sports betting in Brazil is now awaiting only the signature of President Michel Temer, who has previously said he would approve any gambling liberalisation plans. Legislation to regulate sports betting in Brazil is therefore now a near certainty, in our view. However, as we flagged last week, the final shape …

Read More »

Argentina PRO moves forward with Buenos Aires’ gambling restructure

SBC News Argentina PRO moves forward with Buenos Aires' gambling restructure

The Executive of Buenos Aires is preparing to vote on legislations attached to its 2019 Budget plan which will approve online gambling services within Argentina’s biggest province. The mandate is headed up by BA Governor Maria Eugenia Vidal, who seeks to raise funds for BA’s newly created ‘FIDES – Social Development & Integration Fund’. Argentine news sources report that BA’s …

Read More »

Brazil closes on regulated betting after record MP 846 approval

Sportradar - Copyright: believeinme33 / 123RF Stock Photo

Brazil has taken another step towards legal and regulated sports betting after the country’s Senate voted in favour of MP 846. Brazil’s upper legislative body passed the bill, which details the allocation of lottery revenue to public security as well as allowing for online sports betting, less than 24 hours after the Lower House had done the same. It now …

Read More »

SBC’s On The Ball – DAZN, Eleven Sports and the Copa Libertadores

SBC News SBC’s On The Ball - DAZN, Eleven Sports and the Copa Libertadores

From sponsorship to the ever-expanding world of football media coverage, when it comes to the business of football, SBC has you covered. This edition looks at the postponed Copa Libertadores final and a broadcasting expansion for DAZN. Copa Libertadores heads to the Santiago Bernabeu After the second leg of the Copa Libertadores Final was postponed twice due to fans attacking …

Read More »

BNDES aims to complete LOTEX Brazil sale by February 2019

SBC News BNDES aims to complete LOTEX Brazil sale by February 2019

BNDES – Brazil’s national development bank has further postponed the tender process for its agreed sale of LOTEX, the state-owned operator of instant win (scratch) games. The sale of LOTEX had received its original government approval on August 2017, allowing BNDES to begin the tender process for 2018, which was reported to be seeking a minimum of BRL 4 billion …

Read More »

BetConstruct Casino aggregator gets fresh update from Evoplay Entertainment

SBC News BetConstruct Casino aggregator gets fresh update from Evoplay Entertainment

The industry’s first 3D/VR slot games from Evoplay Entertainment have delivered a fresh update to the BetConstruct Casino aggregator. The game development studio has agreed a deal which sees its most innovative titles made available to BetConstruct’s casino customers. Evoplay’s portfolio includes over 50 slots, table and instant games, including the first 3D/VR slots game, ‘Necromancer’, which was debuted at …

Read More »

All eyes on wounded Grupo Codere

SBC News All eyes on wounded Grupo Codere

European business analysts are monitoring the movements of Bolsa Madrid gambling firm Grupo Codere SA closely, as the embattled company faces multiple obstacles in its corporate recovery. Following the publication of its Q3 2018 trading update (13 Nov) in which the company posted year-to-date net losses of €55 million, Codere has witnessed its share price collapse from €6.20 to €2.85 …

Read More »