Tag Archives: argentina

Kaizen Gaming has activated a transformative partnership for Betano in South America, as its sportsbook becomes the new principal sponsor of Club Atlético River Plate. Dealmakers confirmed that Betano, the international sportsbook of Kaizen Gaming, has replaced Codere Online as the new principal sponsor of River Plate, taking over front-of-shirt coverage for the historic Buenos Aires club. SBC Noticias reported: …

Betsson AB has achieved its “best year in business” as it celebrates a seventh consecutive year of corporate growth. Posting a strong close to 2024 trading, the Stockholm-listed online gambling group achieved Q4 revenues of €306m, up 22% on 2023 comparatives of €251m. Headline growth saw Betsson achieve the milestone of generating over €1bn in group revenues for full-year 2024, …

Intralot SA trading has been rocked by dire Q3 results, impacting all financial metrics of the Athens-listed gambling and lottery technology group. Year-to-date (YTD) accounts show Intralot’s corporate revenues standing at €263 million, down 6% compared to corresponding 2023 results of €280 million. The decline in headline revenues is attributed to “seasonal effects” and the impact of €13 million in …

Betsson AB is closely monitoring the fast-track of a Federal Bill in Argentina, which aims to ban advertising and sponsorship for online gambling and sports betting. The Bill, recently approved by the Chamber of Deputies last week, is now under review in the Senate to impose federal laws on gambling advertising and sponsorships. The legislation seeks to prohibit gambling advertising …

The Chamber of Deputies of Argentina has approved a Federal Bill to ban online gambling and sports betting advertising across all Argentine provinces. The Bill was fast-tracked to the Lower House on 21 November and was approved yesterday by deputies, with 139 votes in favour, 36 against, and 59 abstentions. Articles cite that the Bill aims to “prevent cyber gambling …

The Chamber of Deputies of Argentina will debate a federal measure on Wednesday, 27 November, to ban all gambling advertising and sponsorships. The debate has been fast-tracked after “five opposition blocs in Congress” united to support a proposal that prohibits “any form of advertising or sponsorship promoting gaming and betting companies”. Civic Committees, responsible for creating a federal framework to …

The Chamber of Deputies of Argentina has announced the principal stakeholders/committees  in establishing a federal framework to “reduce gambling harms and eliminating pathological behaviours.” On Wednesday, 13 November, a new “working project” will commence to establish federal protections, standards, and rights to combat gambling harms. The project will involve input from five Argentine civic committees on “Addiction Prevention and Drug …

Grupo Codere SA has posted a net income loss of €117m for year-to-date trading, as group accounts detail dismal H1 2024 results. However, during the period, the creditors of the heritage Spanish gambling group agreed to a write-off of €1bn in debt, reducing Codere’s outstanding debt to circa €128m mark. The interim accounts of Codere SA revealed no income growth …

Buenos Aires City Legislator Gabriel Solano has put forward a proposal to annul the local regulated online gambling market out of concerns for childrens’ health.  Solano was quoted as acting on behalf of concerned citizens who have witnessed an increasing number of minors participating in games of chance, or being exposed to gambling advertisements, SBC Noticias wrote.  “Today we see …

Argentina’s National Communications Entity (ENACOM) has confirmed that it has blocked a total of 1,000 illegal online gambling sites so far into the year. As reported by SBC Noticias, the main goal of the prohibition efforts is to protect vulnerable people and children from the websites, which are often highly likely to not have any gambling harm prevention tools implemented …