BetMGM, the joint venture between MGM Resorts International and Entain, is set to expand into its first market outside of the US mainland. This comes as the operator is also making preparations to enter the Canadian sports betting market. BetMGM and Casino del Mar BetMGM will enter the Puerto Rican sports betting market via a …
BetMGM to enter Puerto Rico with Casino del Mar deal Read More »
Brazil’s government has signed off on regulatory changes that will see the country use a tax system based on gross gaming revenue (GGR) for sports betting, rather than turnover. The new law regarding taxation has been published in Brazil’s Official Gazette. Brazil’s new tax regime for betting Brazil’s President Jair Bolsonaro has signed a federal …
Brazil signs off on revenue-based tax system for sports betting market Read More »
The digital sports media business Playmaker Capital Inc. has announced the acquisition of Fanáticos Por Futebol and the launch of Somos Fanáticos, its second brand in Brazil. Thanks to its wholly-owned subsidiary Futbol Sites, Playmaker is cited as the largest international digital sports media operator in Brazil. Playmaker announces acquisition and brand launch According to …
Playmaker Capital expands Brazil footprint with acquisition and new brand Read More »
The online gambling giant William Hill has launched in Colombia after acquiring a majority stake in Alfabet in 2020. This comes after the US casino giant Caesars Entertainment completed its £2.9bn acquisition of William Hill in April. William Hill launches in Colombia In December 2020, William Hill acquired a majority stake in Colombia’s Alfabet as …
The Stockholm-listed online gambling group Betsson AB has announced a joint venture with Mexico’s Big Bola Casinos. This marks the operator’s latest effort to expand its presence across the South American market. The joint-venture with Big Bola The joint venture between Betsson and Big Bola will see the Mexican gambling operator carry the new Betsson …
The Texas-based Lottery.com has announced plans to acquire the two Mexican lottery companies JuegaLotto and Aganar in an effort to expand its presence in the Latin American market. According to Lottery.com’s announcement, the Latin American lottery market is worth an estimated $9.8bn across 26 countries. Lottery.com’s acquisitions Lottery.com has entered into a “binding agreement” to …
Lottery.com to acquire Mexican lottery companies JuegaLotto and Aganar Read More »
