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Industry
December 7, 2023
New Setbacks Further Postpone Brazil’s Crucial Sports Betting Bill
The eagerly anticipated Senate vote on Brazil’s sports betting bill, Bill 3,626/23, has faced yet another postponement, marking the second delay in its passage. This latest failure to vote on this landmark legislation stemmed from the absence of certain senators attending the United Nations climate conference (COP 28) in Dubai, as revealed by Senator Angelo […]
Industry
December 5, 2023
Win Systems Strengthens Global Presence with New Offices in the USA and Argentina
Win Systems, a prominent technology provider for the gaming and entertainment sector, has taken a significant move in elevating its market position by inaugurating two new offices in pivotal jurisdictions, the United States and Argentina. The company’s leadership is confident that this expansion will pay long-term dividends and help it stand out amidst the harsh […]
Sports
November 27, 2023
Eduardo Gussem to Oversee the New CBF Integrity Unit
Brazil’s soccer governing body founded in 1914, the Brazilian Football Confederation (CBF), has announced the creation of a new Integrity Unit that will be led by former attorney general of Rio, Eduardo Gussem. The Need for “Fast, Sustainable and Effective” Cooperation From his new position as integrity officer, Gussem will carry on the important fight […]
Sports
November 23, 2023
Brazilian Senate Committee Approves Sports Betting Tax Bill
Brazil’s Senate’s Committee on Economic Affairs (CAE) greenlit a proposal on November 22 to regulate and tax the burgeoning market of online sports betting and casinos in the country. New Bill Proposes Reduced Taxes on Betting Houses and Bettors’ Winnings The approved bill lays out regulations governing the operations of betting houses in the country. […]
Business
November 10, 2023
Gaming Corps Injects Games into Betfair Casino in LATAM
Gaming Corps, a global developer of gaming content, has formed a major new partnership with Betfair Casino. Under the agreement, the former company will inject content into the operator’s portfolio, allowing it to engage more customers. According to the announcement, the partnership between the two companies will have an initial focus on the Latin American […]
Business
November 9, 2023
Stake Acquires Betfair Colombia, Prepares to Expand in LATAM
Online gambling and sports betting leader Stake will enter the Colombian market thanks to a new strategic acquisition deal. As announced, the company will acquire Betfair Colombia, securing its license. The move marks Stake’s foray into the country and is in line with its overall LATAM strategy. Betfair Colombia’s current license is valid until 2025, […]
Legal
October 30, 2023
Brazil Sets Stringent Requirements for Sportsbook Operators
Brazil’s Ministry of Finance has released a comprehensive set of requirements for sportsbook operators intending to enter the regulated market after its establishment. All interested operators must express their intent within 30 days to expedite the process. The new regulatory framework is now under Senate review after approval in the lower house earlier this year. […]
Industry
October 24, 2023
Colombia’s Coljuegos Proposes New Rules on Gambling Advertisement
Colombia may soon introduce new regulations on gambling advertisement. Under a bill proposed by Coljuegos on September 29, the body will become the official regulator of licensed gambling ads and marketing campaigns. In addition to establishing Coljuegos as the new marketing regulator for gambling ads, the proposal would also introduce new rules on what operators […]
Industry
October 19, 2023
Hacksaw Gaming Forays into Colombia with Betplay
Hacksaw Gaming, a premium supplier of slots, scratch cards and instant win games to the online gaming industry, has penetrated the Colombian gaming market thanks to a new partnership agreement with Betplay. The new agreement will see Hacksaw Gaming provide a selection of its best casino games to the operator. As a result, Betplay will […]
Legal
October 11, 2023
Senator Angelo Coronel Selected for Rapporteur of Betting Bill in Brazil
Efforts for the legalization of sports betting in Brazil continue. Earlier this week, Senator Angelo Coronel was appointed to the role of rapporteur for a bill that proposes the legalization of wagering on sports in the country. The latest announcement comes after the proposal, Bill 3626 / 2023, successfully cleared Brazil’s lower house of Parliament […]
