Tag Archives: Chile

Playmaker Capital’s media business, Futbol Sites, has been named a media partner of Chilean women’s football tournament, the National Women’s Championship 2023. The company has also secured the position of streaming partner for professional football teams, Colo Colo and Universidad de Chile.  This will see Futbol Sites’ Chile-based media property, Redgol, now lead the partnerships and livestream productions. On the …

The Chamber of Deputies of Chile has approved a bill that will “prohibit agreements between sports clubs and betting houses”, aiming to minimise match-fixing threats and protect minors from exposure to online gambling.  The Bill will now progress to the Senate for its legislative review before being submitted to Parliament to be debated and voted on.    “The Chamber of …

The merger of Chilean casino giants Dreams SA and Enjoy has been scuppered as dealmakers declare “the process to be abandoned”.  The announcement was made via Chile’s Financial Markets Commission (CMF), which informed stakeholders that both companies had chosen to remain as separate businesses.   Merger terms had been agreed last year, in which Dreams shareholders would control the majority (64%) …

Conflicts continue to arise as to whether Chile can launch an online gambling regime as regulatory stakeholders dispute legislative boundaries, market rules, and tax policies. Last week, Chile’s Internal Revenue Service (SII) declared that it had the right to exclude international operators from participating in the market due to ‘Resolution 26‘—a new tax rule co-authored by the Ministry of Finance …

Altenar has announced that it has made its debut with MiCasino, which will see its sportsbook supplied to the operator group for the first time. Expanding its Latin American presence, the partnership will see Altenar provide its range of services to MiCasino across Chile and Peru, with additional markets to be announced ‘in the near future’.  Stathis Souflas, Commercial Account …

Heritage South American gambling group Enjoy SA has unveiled its new online betting platform EnjoyWin, which is now operational in Brazil, a market that the Chilean based company expects to become “the next big thing”. In an interview with local media DF MAS, Enjoy’s Product and Innovation Manager Marianela Artoni shared that the platform features an expanded offer that includes …

iGaming venture capital fund and accelerator Happyhour.io has backed Betsala.com – a South American sportsbook brand targeting growth in Chile’s nascent online betting market.  The early-stage investment by Happyhour.io follows Betsala establishing its brand in Chile back in 2020, differentiating itself from competitors with a focus on “localised market odds and its unique weekly Free Bet Club.” Betsala holds a …

Progress on Chile launching its online gambling marketplace has been dampened as political conflicts surface related to outstanding tax issues.  At the start of the year, Chile’s Ministry of Finance had agreed to finalise a Gambling Bill that would be voted on by the end of the year, seeking to launch a federally regulated online gambling regime by 2023.  The …

The National Congress of Chile has been notified that Coquimbo region representative Marco Antonio Sulantay will present a bill seeking to impose an outright ‘betting advertising ban of sports events and teams’. Yet to be submitted to the Lower House , the bill drafted by the Coquimbo deputy  seeks to prohibit Chiliean media and sports clubs, (in particular football teams) …

Alejandro Weber, Undersecretary of Finance for Chile, has revealed that the government will seek to regulate an online gambling marketplace that aims to generate around $55 million a year in taxes. In a statement to Chilian news source La Tercera, the Undersecretary shared that one of the goals of the project will be to protect users and impose rules on …