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Compliance Updates

Nuvei Receives Approval for Event Wagering and Fantasy Sports Payments in Arizona

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Nuvei Corporation has announced that its wholly-owned subsidiary has been granted an Event Wagering and Fantasy Sports Supplier license in Arizona.

Online sports betting became legal in Arizona in April 2021. Regulated sportsbooks and sportsbook apps formally began operating in the state on 9 September 2021, just prior to the kickoff of the 2021 NFL season. It is estimated that sports wagering in the state will be worth over $3 billion annually and generate over $200 million in gaming revenue.

The approval from the Arizona Department of Gaming allows Nuvei to further grow its U.S. online sports betting footprint into yet another state. The Company’s deep-rooted industry expertise and future-forward solutions including a broad range of payment methods, optimized transaction flows, and instant payouts can offer state operators even greater revenue possibilities.

Compliance Updates

Betsson Obtains Local Gaming Licenses in Peru

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A subsidiary of Betsson AB has obtained its first local licenses for the newly regulated market in Peru. The licenses cover online casino and sports betting for the Betsson and Betsafe brands. Further, licenses for the Inkabet brand are expected to be obtained soon.

Betsson began its Latin American venture already in 2008 and has since then positioned itself as the most recognized sports betting brand in Peru. In 2019, the Group further strengthened its position toward the country with the launch of its Betsafe brand. Two years later Inkabet, a Peruvian-facing sports betting and online casino business, was acquired.

Besides the new licenses, the Group holds licenses in two other key markets in the region, Colombia, and Argentina. In Argentina, Betsson holds licenses in Buenos Aires City, Buenos Aires province, and Córdoba.

Pontus Lindwall, President and CEO of Betsson AB, said: “We have really looked forward to Peru introducing a local regulation and are very pleased with the issuing of these licenses. With this announcement, we affirm our commitment to the local economy and the new regulatory framework in the country.”

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Compliance Updates

LSports Receives Approval to Offer Sports Betting Data Services in Peru

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LSports has announced that the company has received approval from the Peruvian Ministry of Foreign Trade and Tourism (MINCETUR). This regulatory approval marks a significant milestone in LSports’ expansion across Latin America, allowing the company to offer its comprehensive sports betting data services to local operators in Peru.

With this B2B license, LSports can now provide its advanced sports betting data solutions to companies in Peru’s iGaming sector, enabling them to enhance their offerings and compete effectively in the market.

Dotan Lazar, CEO of LSports, said: “This is a significant step in expanding LSports’ footprint in Latin America. We are delighted to be among the first data providers accredited in Peru. The market has great potential, and we look forward to helping our partners launch competitive offerings.”

Lazar added: “The acceptance of this B2B license reinforces LSports’ position as a leading sports betting data supplier in a region known for its passionate fans and vibrant sports culture. LSports is committed to supporting its partners in Peru and beyond, helping them navigate the complexities of the market and achieve sustainable growth. We offer free consultations on expansion strategy and encourage bookies to contact us.”

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Compliance Updates

WorldMatch Certifies Games for Peru

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WorldMatch has achieved a significant milestone by certifying its games in Peru with the Ministry of Foreign Trade and Tourism of Peru (MINCETUR), enhancing its presence in the Latin American market.

Fully compliant with Peruvian regulations, WorldMatch will enable local operators to leverage the company’s innovative and engaging online casino gaming content.

WorldMatch’s Commercial Director for Latam & Iberia, Carlos Garcia Carvajal, said: “WorldMatch has a proven track record of successful offerings in Latin American markets, and we are thrilled to be fully prepared and ready to provide our services immediately in the regulated Peruvian online market. Peru holds great potential as a market, and we are eager to support our partners in launching competitive online gaming content. Our premium game portfolio will offer an enjoyable experience for Peruvian players.”

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