Seven Applicants for Paraguay Sports Betting Franchise
Conajzar, the gambling authority in Paraguay, has announced that it has received seven applications for its tender to run the country’s planned national sports betting franchise. The regulator has run a nationwide advertising campaign to promote the tender among both the public and businesses.
The winning applicant will be granted a five-year license to run a federal sports betting franchise across all 17 provinces, excluding the capital district, Asunción. Conajzar estimates that the market will be worth around $500m a year.
The regulator said it has received applications from Daruma Sam SA, Jockey Club Paraguay, 7 Saltos SA, Consortium B Gaming, Consortium Empresa Fun, Hy Hao Yun SA, and private businessman Luis Carlos Alder Benítez. Daruma Sam SA operates the Aposta.LA brand of betting shops in Greater Asunción.
