Entain Plc (formerly GVC Holdings) expects to launch its Bwin sportsbook property for the regulated Colombian online gambling market next month. Martin Lycka, Entain’s Senior Vice President of US Regulatory Affairs & Responsible Gambling, told SBC Noticias about the fast-moving developments for the FTSE100 betting group within Colombia. Having recently secured a Colombian online gambling licence by federal regulator Coljuegos, …
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Coljuegos has confirmed to SBCNoticias that Juan B. Pérez Hidalgo has ended his five-year tenure as President of Colombia’s national regulatory authority for gambling. Updating stakeholders, Coljuegos confirmed that it has secured the appointment of César Augusto Valencia as inbound President, with Pérez Hidalgo choosing to formally end his presidency effective immediately, A South American executive of international packaging conglomerate …
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Aspire Global has completed its acquisition of BtoBet in a transaction that sees Stockholm-listed technology group significantly amplify its igaming services and global commercial footprint. Officially disclosed on 17 September, Aspire secured a formal agreement to acquire BtoBet’s sportsbook technologies and operating systems outright for a deal valued at €20 million. Deal terms have seen Aspire pay an upfront €15 million …
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BtoBet, the new sportsbook technology subsidiary of Aspire Global, has further expanded its position in Latin America through a partnership with Betfair in Colombia. The agreement, which aims to further strengthen BtoBet’s position in Colombia, will see its sports and PAM platform, Neuron 3, become even more widely available in the jurisdiction. After the regulation of the Colombian market in 2016 BtoBet has …
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Following 2020’s disrupted proceedings, leadership eyes have turned to 2021 to see whether LatAm governments will finally deliver on their regulated market agendas for sports betting. As part of an evening deep dive on LatAm’s regulatory roadmap and political developments Kristal Rovira, Research Director of Americas for VIXIO, asked the panel whether any legislative progress has been achieved during 2020. …
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Juan Perez Hidalgo, President of Coljuegos, has confirmed that Colombia’s national gambling regulatory authority will imminently allow for live casino content to be offered by licensed market incumbents. Perez Hidalgo made his announcement as part of day-two of the SBC Digital Summit’s ‘LATAM markets track‘, where he addressed an audience on Colombian market developments. In his address, Perez Hidalgo confirmed …
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Fresh from listing its business as a US Nasdaq enterprise, the governance of betting systems supplier Newgioco Group confirms that it has established ‘Newgioco Colombia SAS’ as a new subsidiary servicing LatAm market opportunities. Based out of Bogota, Newgioco Colombia will lead new distribution agreements within South American markets, supporting Newgioco Group’s newly established global growth strategy. In its update, …
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Publishing its 2019 statement, Colombia’s national gambling regulator Coljuegos has revealed that industry tax revenues totalled COL$ 680 million (€185,000), with funds set to be distributed to Colombia’s national health services. The Colombian regulator’s 2019 figure represents a 16% increase on the COL$574 million (€151,000) of gambling tax revenues collected during 2018. A breakdown of figures saw ‘local’ gambling halls …
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Dimayor, the governing authority of Colombian football’s top two professional football leagues, has secured a four-year sponsorship agreement with BetPlay – the flagship sportsbook property of legacy Colombian gambling group Corredor Empresarial. Effective immediately, all Colombian football competitions sanctioned by Dimayor will feature the BetPlay brand as title sponsor, including Liga BetPlay Dimayor, Copa BetPlay Dimayor, Torneo BetPlay Dimayor and the …
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Playtech Plc has detailed further information on its ‘long-term’ technology agreement with Aquila Global, operator of ‘Wplay Colombia’, which was confirmed this morning in the FTSE250 firm’s latest trading update. Servicing Aquila Global, Playtech will act as ‘strategic technology lead’ integrating its omni-channel systems and further marketing services for the flagship Wplay property. Wplay operates Colombia’s biggest retail betting network …
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