South America – Page 6 – Highly Aligned Leaders in Legal Operations

Brazil Regulates Sports Betting, Taxes Companies Amid Scandal

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By: The HALLO ECHO

July 31, 2023

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The Brazilian government has issued a provisional decree on Tuesday to authorize sports betting and tax companies’ revenues by 18%. The move comes amid a sprawling investigation that ensnared dozens of players in a match-fixing scandal. President Luiz Inacio Lula da Silva’s decree was sent to congress, which needs to vote on it on…

Peru to Legalize Online Gambling and Sports Betting

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g July 4, 2023 July 4, 2023

By: The HALLO ECHO

July 4, 2023

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The government of Peru has promulgated Law 31806, which will legalize online gambling and sports betting in the country. The new legislation has been sent to the desk of president Dina Boluarte for sign-off and is expected to enter force within 120 days. The law, which has been published in the national gazette, modifies…

Pixbet Secures Sports Betting Approval in Rio, Brazil

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g June 19, 2023 June 19, 2023

By: The HALLO ECHO

June 19, 2023

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Pixbet, powered by WeAreGame’s iGaming platform solution, has received approval from Loterj in the first stage of the Accreditation for Sports Betting. It is the first stage of official Accreditation for Sports Betting, and the Loterj Accreditation Notice is the first to authorize a Brazilian sports betting service. Pixbet is a household name in…

Coljuegos Welcomes Dr Libos Zúñiga as New President

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g May 15, 2023 May 15, 2023

By: The HALLO ECHO

May 15, 2023

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The government of Colombia has confirmed the appointment of Dr Libos Zúñiga as new President of federal gambling authority Coljuegos. Zúñiga, who is well-versed in economics, presently holds the role of deputy director of fiscal policy at the Ministry of Finance and Public Credit. His prior roles at the Ministry have included advising on…

Brazilian Football Confederation Requests Ministry of Finance to Modify Sports Betting Regulations

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g April 20, 2023 April 20, 2023

By: The HALLO ECHO

April 20, 2023

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The Brazilian Football Confederation (Confederação Brasileira de Futebol; CBF) has filed a request with the Ministry of Finance to modify sports betting regulations so that football clubs would receive a higher percentage of revenue from sports betting. In its proposal, the CBF also proposed that the government consider the financial transfer of money from…

SOFTSWISS Expert Comment: First Conclusions on iGaming Regulation in Peru

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g March 9, 2023 March 9, 2023

By: The HALLO ECHO

March 9, 2023

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In 2022, the President of the Republic of Peru signed Law 31557 to regulate online gambling and sports betting in the country. This enactment had a great impact on the iGaming business in Peru. SOFTSWISS Regional Business Development Manager, Jonathan Felix Vilchez, gives his expert view and draws the first conclusions about the resulting…