The Latest in latin america
Business
January 10, 2022
Eccles, Bullpen, Sequoia, Kaszek Invest in Draftea $13.2m Round
A daily fantasy sport (DFS) app focused on Latin America raised $13.2 million in a seed funding round that saw some prominent industry investors back the startup ahead of the app’s launch in Q1 2022. Nigel Eccles Moves in on the Venture Draftea, a socially geared DFS platform that is currently in its beta-testing phase […]
Industry
January 10, 2022
Argentina’s Cordoba Province Set to Legalize Online Gaming
Argentina’s iGaming market continues to expand, albeit slowly. The governor of the province of Cordoba has been given the green light to sign a bill that legalizes online gambling. This bill was introduced in December to end illegal gambling. It allows the use of lotteries, sports betting and casino games. Cordoba Advances Argentina’s iGaming Efforts […]
Sports
January 6, 2022
Playmaker Expands Media Reach in Brazil by Acquiring Futmarketing
In preparation for the much-anticipated launch of online sports betting in Brazil in 2022, digital sports media company Playmaker has decided to expand its reach in the region by acquiring Futmarketing. Futmarketing is one of the most reliable sports editorial consultants across Latin America, as well as Brazil’s leading digital media and marketing group for […]
Industry
January 5, 2022
Sportech Finalizes Sale of Leidsa Interest to Inspired Entertainment
UK-based online gambling and entertainment company Sportech has finalized the sale of its interest in the Dominican Republic lottery (Loteria Electronica Internacional Dominicana) to Inspired Entertainment. Sportech Sells Leidsa Interest for $14.5M The deal was valued at $14.5 million and immediately boosted the share price of Sportech by more than five percent. Out of this […]
Sports
January 5, 2022
Colombian Soccer Team Becomes Tier 1 Team Following Match-Fixing Probe
A soccer match between two rival teams in Colombia last month drew a lot of attention, not only during the game but after, as well. Union Magdalena was taking on Llaneros a month ago when Magdalena suddenly gained an advantage as time was running out. There were immediate allegations that the game had been fixed, […]
Casino
January 4, 2022
SkillOnNet’s PlayUzu Brand Enters the Mexican iGaming Market
Prestigious online iGaming platform SkillOnNet has expanded its presence in the Latin American market with the recent launch of a Mexican PlayUZU casino alternative. Mexico’s Dirección General de Juegos y Sorteos has issued the license that allows SkillOnNet to introduce its powerhouse brand to the country with the largest number of Spanish speakers in the […]
Industry
January 4, 2022
Brazil: Gambling Legalization Would Bring $3.5B in Annual Tax
It was back in 2018 when Brazil legalized sports betting. While the activity is expected to bring some tax proceeds, it is yet to launch. On the other hand, the country still hasn’t legalized casino gambling, despite extensive lawmakers’ efforts last year. A Lawmaker Predicts That Gambling Legalization Would Bring Benefits According to one of […]
Business
December 29, 2021
Pragmatic Play Partners with BPLay for Buenos Aires Expansion
Supplier of online casino gaming content Pragmatic Play announced this week an agreement with BPLay that would see its slots and table games feature in Buenos Aires via the iGaming operator. Expanding Local and Regional Presence The content agreement between Pragmatic Play and BPlay, an established gaming operator in Latin America across the land-based and […]
Casino
December 17, 2021
Evolution Launches Portfolio in Buenos Aires Province, Argentina
On Friday this week, Evolution announced the launch of its leading live casino games in Argentina’s Buenos Aires province. Evolution Is Now Live in Buenos Aires Province World-leader in product innovation and advanced IT solutions for video streamed live casino, Evolution, announced the launch of its leading casino games in Buenos Aires Province, Argentina. The […]
Casino
December 16, 2021
EveryMatrix Technology Powers Foliatti Casino’s Mexican Launch
Supplier of global gaming solutions EveryMatrix announced today it officially launched into the online Mexican regulated market via Foliatti Group. Online Brand with Huge Potential Foliatti Casino, the first online venture of Foliatti Group, officially launched operations in Mexico after closely working with EveryMatrix. Foliatti Group, which has a significant land-based gaming presence across several […]