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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 […]
Industry
September 21, 2023
Chile Bans Offshore Sportsbooks But Operators Remain Adaptive
A few days ago, The Supreme Court of Chile decided to ban unlicensed sports betting websites. However, weeding out offshore sportsbooks might prove a difficult task. Accepting a protection appeal by Superintendencia de Casinos de Juego, Chile’s gambling regulator, the Supreme Court issued the ban on sports betting websites on internet service provider (ISP) Mundo […]
Business
September 18, 2023
OpenBet Inks Brazilian-Facing Deal With Play7.Bet
The popular platform offering trading and risk, as well as content and services to operators within the sports betting sector, OpenBet, announced a new groundbreaking partnership. The company confirmed Monday it joined forces with the sports betting brand, Play7.Bet. The new major partnership marks OpenBet’s entry into Brazil and comes ahead of the sports betting […]
Industry
September 14, 2023
Brazil’s Parliament Passes Sports Betting and Online Gambling Bill
Brazil’s lower house of Parliament approved a bill on September 13 aimed at regulating sports betting and online gambling. The bill, which also encompasses virtual casinos, is now headed to the Senate for further deliberation. Brazilian Legislation Sets 18% Tax on Online Betting Revenue The bill proposes an 18% tax on the net revenue generated […]
Business
September 13, 2023
Odds On Compliance Launches PlayBook Brazil, Continues Expansion
The industry-leading technology and consultancy firm focusing on iGaming, sports betting and gambling regulatory compliance, Odds On Compliance, continues to expand its global footprint. On Wednesday, the company unveiled details regarding a new strategic partnership, as well as the launch of PlayBook Brazil, complementing its global expansion. Launching PlayBook Brazil represents a milestone achievement for […]
Industry
September 13, 2023
BGaming Launches Content in Peru with Betara
iGaming content provider BGaming has reinforced its presence in the Latin American region thanks to a new agreement with Betara, a Peru-based casino and sportsbook company. Under the deal, the supplier will provide the operator with its portfolio of games. Thanks to the arrangement, Betara players will be able to try out BGaming’s library of […]
Industry
September 11, 2023
Lotería de la Ciudad Signs Memorandum of Understanding with IBIA
The International Betting Integrity Association (IBIA), the world’s largest betting integrity monitor, has signed a memorandum of understanding (MOU) on betting integrity with Lotería de la Ciudad, a regulatory body that oversees sports betting in the City of Buenos Aires. Signed by Martín García Santillán and Federico Cattadori, Lotería de la Ciudad’s president and manager […]
