There are few industry challenges that Novibet CEO George Athanasopoulos has not faced in the last two years, he told Issue 28 of SBC Leaders magazine, but the business remains on a significant growth path as it expands into new markets far away from its European base. ——————————————————- Anyone at the head of an ambitious business can expect to be …
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The International Betting Integrity Association (IBIA) has welcomed the adoption of the sports betting law by the Brazilian Chamber of Deputies. Having been approved by legislators and now awaiting signature from President Lula da Silva, the law introduces an effective regulatory and licensing system for operators in the country for both sports betting and online casinos. This also includes a …
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VBET has formed a regional partnership with Argentina National Team through a deal with the Argentina Football Association (AFA). Extending across marketing and branding initiatives, the pair have outlined how the three-year alliance is poised to ‘redefine the sports and betting landscape’, as well as ‘usher in a new era of unparalleled engagement’. Aragats Asatryan, VBET CEO, said: “This partnership …
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Brazil will launch a federal sports betting marketplace, which will include modalities to regulate online casino games. Yesterday, the final session of the Chamber of Deputies approved Bill PL3626/23 to be sent for its federal sign-off from President Lula da Silva. Bill PL3626/23 was returned to the Chamber of Deputies on 13 December following an inconclusive review by the Senate, …
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Obtaining the required personal financial information is the greatest barrier licensed betting & gaming operators face when onboarding players and the industry fears that mandatory affordability checks will make the situation worse, a new SBC study, commissioned by IDnow, has concluded. The finding emerged as part of the SBC Media Challenges in Compliance Survey, which saw senior compliance representatives from …
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The Senate of Chile will review the text and framework of a new Federal Gambling Bill (035/2022), aimed at overhauling the Andean nation’s longstanding gambling laws. Despite unresolved conflicts, this week Chile’s Chamber of Deputies approved the draft legislation by a majority of 97 votes in favor and 28 against. The Bill will thus be presented to the Senate for …
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The Executive of the Province of Buenos Aires seeks a new President to lead the Provincial Institute of Lotteries and Casinos of Buenos Aires (IPLyC). The update follows the resignation of incumbent Omar Galdurralde, who has chosen to stand down from the office of Axel Kicillof, the Governor of BA Province for Partido Justicialista Following November’s national and provincial elections, …
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The Senate of Brazil has approved the ‘basic text’ of Bill 3626/2023, providing the foundations for the launch of a federal sports betting market. Yet, following further amendments, the Senate has ordered that the Bill be returned to the Chamber of Deputies for further analysis. The decision follows three critical considerations debated by the Senate yesterday afternoon ahead of its …
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Coljuegos, the Federal Gambling Authority of Colombia, has published plans for a ‘regulatory project’ to overhaul the rules on owning and operating electronic slot machines (ESMs). The regulator plans to initiate the project in 2024, a move deemed critical as Coljuegos seeks to terminate the ‘illegal economy’ of unauthorised ESMs operating across Colombia’s 32 federal territories. The project is accompanied …
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Latin America has emerged as one of the key growth areas for the sports betting and igaming industry, and the 2024 Copa América is likely to provide the perfect opportunity for international operators to make their mark in the region’s varied markets. Here Margarita Cruz, Senior Sales Director for platform provider Digitain, shares her expertise on what operators need to …
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