Tag Archives: Chile

Chile continues to witness legal battles, swamping the passage of launching a federal gambling regime, as sought by the government. Last week, Polla Chilena filed a new Supreme Court lawsuit against Chile’s leading telecom firms for providing online access to unlicensed online gambling operators. Operating as one of Chile’s municipal gambling operators, Polla Chilena believes that it is owed CLP …

Chile’s gambling authority, the Superintendence of Gambling Casinos (SCJ), revealed that progress is going strong on building a healthy relationship between the regulated market and society.  As reported by SBC Noticias, the authority’s annual performance showcase highlighted the milestones achieved in 2023 in terms of the responsible allocation of casino permits.  A statement by Superintendent Vivien Villagrán reflected on the …

The board of Enjoy SA has revealed that it is examining ‘three unique offers’ to sell its South American casino resorts and properties. The disclosure was made to Chile’s Financial Markets Commission (CMF) as Enjoy remains under regulatory scrutiny due to financial solvency issues impacting its creditor demands. The CMF was informed that ‘deals remain non-binding’. However, Enjoy was in …

The Senate of Chile has reinitiated proceedings to launch a new federal framework for gambling, following 2023’s inconclusive developments which saw key departments fail to reach terms on a bill to legislate new laws and market standards. Chile’s Senate and National Congress have returned to duties following the summer recess. Both legislative offices are required to review the outstanding terms …

Last February, Better Collective, global gaming’s biggest media group completed its €176m acquisition of Playmaker Capital, diversifying its media portfolio once more to take leadership in South American markets. Ahead of the inaugural SBC Summit Rio (5-7 March), Simon Hovmand-Stilling, CEO of Better Collective South America details no compromise in the strategy to take Brazil’s top spot, building its most …

Banco Central do Brasil has been authorised to expand the Pix payment platform internationally to accommodate cross-border transactions for Brazilian businesses. The decision was taken following a meeting of the Central Bank’s policy advisors on how to maximise global cross-border payment authorisations and efficiencies helping expand Brazil’s international network and resources for business. Pix was first launched by the central …

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 …

Chile advances on the development of its pending legislative framework to regulate a federal online gambling marketplace.  Progress sees the Economic Commission of the Chamber of Deputies recommending fiscal measures to be applied to the country’s new gambling regime. The Economic Commission published new articles recommending the headline measure that a ‘1% responsible gambling tax’ be applied across all gambling …

Igaming and sports betting platform and software developer Oddsgate has been highly active in LatAm, specifically the emerging Brazilian market. Tiago Almeida and Mario Silva discuss some of the key considerations for indigenous operators and market entrants. SBC: First off, talk us through the background of Oddsgate’s Work in Brazil  Tiago Almeida: Many of our team members worked as senior …

Silvia Paleari, Director of Public Affairs at the International Betting Integrity Association (IBIA) provides an extensive view on the evolving dynamics impacting sports betting regulations across South American markets. As the governments of Brazil, Peru, and Chile move to regulate online gambling, the IBIA plays a crucial role in advocating for well-regulated and secure sports betting markets, ensuring the protection …