Latin America
Futbol Sites joins forces with top industry executives to drive scale-up

Futbol Sites Network Group (FSN) has joined forces with top industry executives Jordan Gnat, Robin Chhabra and Andy Clerkson, who together have acquired a significant interest in the Group, as well as appointing Mr. Gnat to the position of Vice Chair.
These three leading stalwarts, who bring over 60 years of combined experience building brands in the sports, betting and media sectors, are committed to FSN’s expansion and reach – not only in its current North American and LatAm markets, but also broadening its footprint into new global territories. With offices and operations in Argentina, Brazil, Colombia, Chile, Mexico and the United States, Futbol Sites bridges the gap between brands and fans, using data, technology and a deep knowledge of the sports industry.
FSN is a digital media powerhouse, focusing on Latin America and the USA, which owns and operates 10+ sports websites. Founded in 2008 by Argentinian entrepreneurs Federico Grinberg and Nahuel Pan, FSN helps global brands and Football Federations to manage their digital and social media assets, designing and executing powerful fan-oriented strategies.
FSN attracts more than 60 million unique monthly visitors to its web assets and more than 300 million unique monthly visitors to its social media channels.
- Company Size: +100 employees
- Website: https://futbolsites.net/
- Industry: Digital Sports Media
Jordan Gnat is a Senior Business Executive with over 25 years of leadership experience and over 17 years in the global gaming and media industries. Most recently, Gnat was the Group Senior Vice President of The Stars Group, the parent company of PokerStars, FOX Bet, PokerStars Casino, Sky Betting and Gaming and Oddschecker Group Media.
Robin Chhabra is an experienced executive in the online gambling sector and currently serves as the Chief Executive Officer of FOX Bet, a landmark partnership between Flutter Entertainment and FOX Sports in the USA. He was previously on the Executive Committees of The Stars Group, William Hill and Inspired Gaming Group where he focused on strategy, business development and M&A and expanded the global footprint of each of these companies.
Andy Clerkson has spent three decades building brands for media, sports betting and gaming companies in the USA, UK and Europe. In 2019, he helped The Stars Group and FOX Sports set up FOX Bet, for whom he is a senior advisor. In 2007, Clerkson founded influential digital marketing agency Grand Parade, which specialized in sports betting and was acquired by William Hill in 2016. Previously, Clerkson had a media career in both London and New York culminating in running Maxim USA, which under his stewardship became the world’s most successful men’s lifestyle magazine.
Federico Grinberg, co-founder and CEO of FSN, said: “We started FSN 12 years ago in Argentina. This is a company that has been profitable and growing non-stop from day one. With passion, focus and perseverance we expanded operations all across LatAm and the USA. Now, we are ready to take the company to the next level by joining forces with Jordan, Robin and Andy.”
Grinberg added: “Having these three superstars of the industry as investors, as well as Jordan joining our Board, will not only help FSN expand its network and reach, but also allow us to take the company to the next level, leveraging their shared knowledge and advice, and consolidating FSN as a global group synonymous with digital sports content.”
Jordan Gnat said: “Businesses are premised on their people and the team at FSN are second to none. I am honoured that they have chosen me, Robin and Andy to contribute to their winning ethos. We look forward to bringing our combined sports, media and gaming experience to bear at the company. The platform that has been built is rock solid and we look forward to working with the team to maintain the strong growth in LatAm, the USA and beyond.”
The terms of the acquisition were undisclosed.
About Futbol Sites:
Futbol Sites is a digital media powerhouse in Latin America, and among US Hispanics, with offices across LatAm and in Miami, Florida. Futbol Sites has over 60+million unique monthly visitors, across 10+ owned and operated sports websites, and reaches a monthly audience of over 300+million fans via its social media channels.
Latest News
Win Systems Celebrates Successful Participation at GAT Cartagena 2025

Win Systems is celebrating the success of its participation at GAT Cartagena 2025. Throughout the exhibition, the company’s booth A7 became a major highlight, thanks to its innovative offerings tailored to the Colombian market—particularly in the segments of electronic roulettes and slot machines.
The new Symphony electronic roulette was undoubtedly the star of the show. This latest generation of roulette captivated both operators and visitors with its modern design, cutting-edge technology, and smooth, intuitive gameplay. One of the standout features was the Dynamic Paytable functionality, which allows players to customize their paytable with multipliers of up to 120x, significantly enhancing the excitement and player engagement.
Alongside Symphony, Win Systems also showcased the Lumina Plus roulette and the Allegro terminal, two high-performance solutions from its renowned Gold Club line. Lumina Plus impressed attendees with its striking visual presence and enhanced performance, while Allegro stood out as an ergonomic and versatile terminal—ideal for optimizing floor space without compromising gaming quality.
In terms of gaming content, the company introduced Money Grab and Fenghuang, two new titles that drew attention with their dynamic mechanics, special features, and eye-catching graphics. Meanwhile, proven titles like Jin Long and the Gamestar+ multigame continued to solidify their popularity, reinforcing the company’s strong portfolio of high-quality entertainment options.
Visitors to the stand also had the opportunity to explore Win Systems’ advanced slot cabinets—Sublime, Rhapsody XL, and ST3—which blend state-of-the-art technology with ergonomic design and superior performance, reinforcing the company’s position as a benchmark in premium gaming solutions.
“We’re extremely pleased with the impact of our participation at GAT Cartagena 2025. The outstanding reception of the Symphony roulette and the strong interest in our latest slot innovations confirm that we’re on the right track. We will continue to invest in innovative solutions aligned with the preferences of the Latin American market,” said Manuel Wladdimiro, Sales Director for Central America and the Caribbean at Win Systems.
Latest News
Reals Appoints Giorgia Kasat as New Head of HR, Strengthening Organizational Strategy in the Betting Industry

Leading Brazilian Betting Brand Reals Welcomes Former Itaú and Votorantim Executive to Drive Human Capital Development
Reals, one of Brazil’s leading regulated online betting and gaming platforms, has announced the appointment of Giorgia Kasat as its new Head of Human Resources. With over 20 years of experience in strategic people management, organizational transformation, and leadership development, Giorgia brings a wealth of expertise from her roles at major corporations such as Votorantim, Banco Itaú, Duratex, Capgemini, and Munksjö.
Recognized as a finalist in the 2024 “Most Admired CEOs and HR Leaders” awards by Grupo Gestão RH, Giorgia also holds an Executive Business degree from Fundação Dom Cabral, an MBA in Business Management from Fundação Getúlio Vargas (FGV), and certification in Group Psychodrama from PUC-SP.
“We believe that a company’s success is directly linked to its ability to foster the best in its people within a healthy, growth-oriented environment. Giorgia’s human-centered leadership style drives engagement and positive results. As a serious and regulated company, professionalism is a core value for us, and her arrival is a strategic step in our organizational growth,” said Hilton Andrade, CFO of Reals.
Giorgia expressed enthusiasm about joining Reals at a pivotal moment for the company and the industry: “I’m excited to take on this new challenge with a major player in the betting and online gaming industry. My passion lies in developing people who go on to inspire and empower others. Together, we’ll build a strong culture of growth, diversity, and performance in a sector that is rapidly consolidating in Brazil and globally.”
Reals Expands Workforce and Strengthens Market Presence
Amid rapid expansion, Reals is in the process of hiring approximately 1500 new employees and preparing to move into a new 6,000 m² headquarters in São Paulo. Already a standout in the market, Reals made headlines earlier this year by becoming the first Brazilian betting operator to sponsor a major European football club, AC Milan, as its Official Regional Betting Partner for Latin America.
Reals also holds a master sponsorship with Coritiba Foot Ball Club in Brazil and boasts an all-star ambassador roster led by TV personality Rodrigo Faro, alongside popular influencers Ítalo Sena, Edu Primitivo, and Gabi Nery.
With a 9.5 rating on Reclame Aqui, Reals is among the top-rated licensed betting operators in Brazil, reinforcing its reputation for reliability and customer trust.
Compliance Updates
Peru Reports 40% Drop in Illegal Online Gambling

Peru’s Ministry of Foreign Trade and Tourism (Mincetur) reported that, a little more than a year after having implemented the law that regulates the online sector, it has been able to reduce by 40% the offer of illegal games in digital platforms and applications.
In a public statement, the Executive portfolio in charge of regulating gambling also highlighted that, thanks to the inspection work, 15% of the illegal websites “have left the Peruvian market” and that “payment methods providers and financial entities have been contacted to block services to unauthorized operators”.
Based on this, Mincetur highlighted that “Peru has managed to position itself as a regional referent in the integral regulation of gambling” and that, through the normative framework, it was possible to “protect the consumer, guarantee transparency in the operations and promote the formal and sustainable economic development”.
The Ministry highlighted that with the implementation of Law No 31557, which regulates sports betting and online games, “the country became the third country in Latin America to establish clear regulations for this activity”.
“Since its entry into force in February 2024, 60 technological platforms have been authorized and 280 linked service providers have been registered, as well as the accreditation of nine international certification laboratories,” Mincetur said.
In this regard, the Ministry stated that “this regulation has made it possible to formalize the digital sector, promoting an environment of trust for both operators and users.” At the same time, it has allowed “new investment opportunities, boosting the digitalization of entertainment and strengthening the country’s tax collection”.
-
Latest News6 days ago
CT Gaming Strengthens Its Presence with New Installations in Venezuela
-
Latest News6 days ago
Octoplay Launches Jackpot Blitz with BetMGM in Ontario, Accelerating North American Expansion
-
Latest News5 days ago
Casino Guru enriches its portfolio with a dedicated sweepstakes casino database and updated safety index
-
Latest News5 days ago
LuckBet Named Master Sponsor of LFA 209, Marking MMA History in Mato Grosso
-
Latest News5 days ago
7K Named Official Betting Sponsor of Paulistão Feminino 2025
-
Latest News5 days ago
TaDa Gaming Extends Brazilian Footprint with inplaySoft Deal
-
Latest News4 days ago
Defy the Odds and EDGE Markets Announce Strategic Partnership to Drive Innovation in Betting and Gaming Payments
-
Latest News4 days ago
Design Works Gaming and Bluberi Gaming Announce Monumental Partnership