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Industry
February 27, 2025
Brazil’s Booming Gambling Market Poised for Major Consolidation
Brazil’s online betting and iGaming industry has enjoyed explosive growth, with active player accounts projected to reach 36 million by next year. As more companies seek to obtain a Brazilian license, especially in the highly lucrative sports betting vertical, industry experts predict a wave of consolidations as the market matures. Consolidation Could Be Inevitable The […]
Industry
February 5, 2025
Colombia Blocks 10K Illegal Gaming Websites and Social Media Accounts
Colombia’s gambling regulator, Coljuegos, announced that it has blocked a staggering 10,000 unlicensed gambling websites and social media accounts promoting illegal games of chance. The authority reiterated its stance on offshore entities, vowing to crack down on illicit products. Coljuegos Says 10,000 Entities Have Been Blocked The Coljuegos said that the 10,000 portals it blocked […]
Legal
January 27, 2025
Loterj Ordered to Cease Operations Outside Rio de Janeiro
The Supreme Federal Court (STF) has reaffirmed its decision regarding the territorial limitation of Loterj’s activities within Rio de Janeiro. Justice André Mendonça issued a stern directive against Loterj and its president, Hazenclever Lopes Cançado, giving the organization five days to implement measures preventing users from accessing Loterj-licensed operators outside Rio’s borders. Loterj Must Immediately […]
Industry
November 6, 2024
Brazilian Senate Remains Divided on Gambling Legalization
Brazil Senate President Rodrigo Pacheco reaffirmed his commitment to a parliamentary commission of inquiry (CPI) on online betting, noting that the need for enhanced monitoring and regulation of online betting is becoming increasingly evident. Despite tax reform dominating the legislative agenda, Pacheco stated that the CPI on betting must not be sidelined, citing rising consumer […]
Business
October 8, 2024
Bet365 Launches Online Gaming and Betting in Peru
Leading online gaming and sports betting operator bet365 has launched its iGaming business in Peru, providing locals with access to its cutting-edge offerings. This came after the company obtained official licensing approval from the Ministry of Foreign Trade and Tourism (MINCETUR). Bet365 Enters Peru The launch will provide Peruvian casino enthusiasts with access to the […]
Industry
August 5, 2024
Brazil Enhances Gambling Advertisement Regulations
The Brazilian government has published new rules and provisions governing how fixed-odds betting businesses advertise their products, specifically concerning the use of social media influencers. The new requirements were introduced via Ordinance SPA/MF No. 1,231/2024 and represent another vital milestone in Brazil’s efforts to modernize its gambling market. Regulations Reflect Evolving Market Realities The new […]
Industry
June 21, 2024
Brazil Commission Approves Casino and Bingo Bill Amid Ongoing Reforms
Brazil continues to reform its gambling framework amid efforts to expand the industry. Pro-gambling activists just marked a major victory as bill 2,234/2022 was approved by the Senate’s Constitution and Justice Committee. With 14 votes in favor of the measure and 12 votes against, the measure could usher in land-based casino gaming and instant win […]
Industry
May 7, 2024
SPA Confirms That Brazilian Operators Must Add .Bet to Their URLs
The Secretariat of Prizes and Betting (SPA) of Brazil’s Ministry of Finance has concluded that licensed operators will be required to add .bet to their domain names. As a result, operators’ URLs will need to have .bet.br after the company name. This decision has been discussed for a while now as the secretariat was uncertain […]
Industry
April 22, 2024
New Bill Proposes Regulation of Online Gambling in South Africa
For three decades the African National Congress (ANC) has dominated the political scene in South Africa. This enabled the party’s majority to reject or approve different bills, making it difficult for the opposition to push for change. Yet, ahead of the upcoming national and provincial elections at the end of May, the Democratic Alliance (DA), […]
Business
February 16, 2024
Peru Greenlights Asensi Technologies and eCOGRA’s Certification Services
The Peruvian Ministry of Foreign Trade and Tourism has authorized Asensi Technologies and eCOGRA to offer their certification services in the country. Asensi Technologies Praises This “Significant Achievement” According to Asensi Technologies, its launch in Peru represents a significant achievement and attests to the company’s commitment to excellence and quality. The accreditation, Asensi Technologies hopes, […]
