Brazilian Football’s United Stand: Clubs Challenge Proposed Ban on Vital Sports Betting Sponsorships In a united front, Brazilian football clubs are voicing strong opposition against a proposed amendment that could significantly impact their financial stability and sponsorship opportunities. Amendment 38-U, introduced by Senator Eduardo Girão and backed by the Senate Sports Committee, seeks to ban […]
Paraguayan Deputies Demand Restructuring of Gambling Regulatory Powers to Ensure Fair Market Competition In a significant push for regulatory overhaul, fourteen members of Paraguay’s Chamber of Deputies are advocating for substantial legislative amendments to curtail the national gambling regulator Conajzar’s authority in issuing gambling licenses. This call for reform is sparked by concerns that Conajzar […]
International Game Technology (IGT) is making a significant foray into the Puerto Rico sports betting market through a groundbreaking partnership with Ponce Plaza Hotel & Casino. Leveraging its advanced PlaySports solutions, IGT will power both online and retail sports betting offerings for Ponce Plaza, strategically located in the city of Ponce on Puerto Rico’s southern […]
Brazil is swiftly advancing towards the legalisation of sports betting, with a crucial deadline fast approaching. Gambling operators aiming for a foothold in Brazil’s burgeoning sports betting scene have until the end of November to express their interest. The Brazil Ministry of Finance has released comprehensive guidelines on sports betting, encompassing the licensing procedure, responsible […]
Grupo Caliente’s digital gambling arm, Caliplay, has initiated legal proceedings seeking to terminate its association with supplier Playtech. Both firms jointly run Caliente.MX, but they are currently at odds over the option to redeem an extra service fee. Mexican Courts have acknowledged jurisdiction for Caliplay’s claim. The court’s interim order has urged Playtech to persist […]
In a decisive move, Brazil’s Ministry of Finance released Ordinance No. 1330 recently, laying down a comprehensive framework of requirements for prospective sports betting operators. This initiative comes as Brazil readies itself for the inception of a fully regulated betting market. Companies keen on tapping into this burgeoning market are now given a 30-day timeframe […]
Colombia’s prime gambling regulator, Coljuegos, has shed light on its ambitious strategy to oversee gambling promotions across the nation. The agency has recently drafted a resolution, aiming to take charge of all aspects of gambling advertisements, encompassing marketing, sponsorships, and various commercial communications. This draft resolution, pending approval from the Congress, presents comprehensive guidelines for […]
COLOMBIA – In what could be one of the most significant regulatory shifts in the South American gambling landscape, Coljuegos, Colombia’s renowned gambling authority, is championing a transformative bill. This legislation seeks to vest the regulator with unparalleled powers to dictate and monitor standards for gambling advertising, encapsulating everything from promotions to sponsorships. Under the […]
CURAÇAO – Making waves in the international gambling community, Finance Minister Javier Silvania proclaimed the monumental significance of Curaçao’s innovative gambling legislation. The ultimate goal? To shield the nation from the looming threat of FATF grey-listing. Speaking at the coveted SiGMA Curaçao event, Silvania passionately emphasized that this legislation wasn’t about disruption but rather paving […]
In anticipation of the forthcoming regulation of sports betting in Brazil, Deputy Ricardo Ayres from the state of Tocantins has introduced a new bill in the National Congress advocating for more rigorous controls on gambling advertising. Bill 3915/2023 aims to refine Provisional Measure No. 1182 by prohibiting promotional and advertising activities of casino betting brands […]