Latin America
BETCRIS ANNOUNCES NEW PARTNERSHIP WITH NUVEI IN MEXICO
Betcris, the leading sports betting and online gaming company in Latin America and the Mexico office of the fintech company Nuvei, announced a new partnership that allows the iGaming operator to launch a new cash withdrawal service for the Mexican market.
This new service allows Betcris sports bettors and online casino players to request withdrawals from their account, including cash payments that can be claimed at 34,000 physical points located in convenience stores and self-service checkouts in the Mexican Republic.
Pedro Partida, commercial director of Betcris Mexico, commented on the announcement: “Online sports betting is rapidly growing in Mexico, but its continued success relies on seamless payments that are both underpinned by best-in-class security and are compliant with the unique regulatory landscape in this market. Therefore partnering with Nuvei has been key to winning new players and increasing our revenues, as they enable us to offer this industry-leading deposit and payout experience.
Partida continued: “We’re very excited to be launching this new cashier function in time for the 2022 FIFA World Cup. Player activity is predicted to increase up to 35% during the tournament, and as a sponsor of the Mexican national team we are pleased to have upgraded our cashier experience in line with the expectations of these new players.”
Philip Fayer, Nuvei Chair and CEO, added: “Nuvei’s heritage and expertise in the global iGaming industry enables us to offer the best-in-class cashier experience to operators in all unique regulated markets across the globe, including Mexico. We’re pleased to extend our partnership with Betcris on the eve of the FIFA World Cup, such an important moment in the sports betting calendar.”
Fayer continued: “Our fully customizable technology platform is enabling Betcris to continue accelerating its growth by offering players the leading iGaming experience in a market where deep knowledge of the banking and regulatory landscape is critical to success.”
Betcris maintains a strong presence in Mexico. The alliances with the National Football Team of Mexico and football teams, Club de Futbol Pachuca, FC Juárez and Atlante FC, show that Betcris maintains its commitment to the Mexican market, seeking the development of the sport and providing the best services to its users.
Latest News
Amusnet Strengthens its LATAM Presence by Partnering with Rush Street Interactive’s RushBet Brand in Mexico
Amusnet has officially joined forces with Rush Street Interactive, Inc., a leading iGaming and betting company in LatAm that operates RushBet Mexico to accelerate its expansion within the region’s iGaming market. The new launch features a selection of the company’s top-notch and latest titles on the platform, setting the stage for an exciting new chapter in digital entertainment across LATAM. Additionally, in collaboration with Rushbet México, the slot game Dancing Dead has been prominently featured on Mexican national TV.
“Amusnet’s reputation for excellence in the industry aligns perfectly with Rushbet’s vision of providing top-tier entertainment. By integrating their diverse game library, we are elevating our platform’s quality and offering our players a fresh, engaging experience,” commented Rushbet CEO Richard Schwartz.
“Thе partnership with Rushbet México, one of the most popular and trusted gaming destinations, ensures that local players get access to our exciting games, including the Dancing Dead slot, which is set to be released by RushBet in October for the whole country, just in time for the Day of the Dead. We look forward to more exciting marketing opportunities in our collaboration, such as the recent featuring of our games on major Mexican TV channels and programs like Viva la Vi,” added Daniel De Los Rios, LATAM Head of Marketing, Commercial & Account Management at Amusnet.
Dancing Dead is inspired by the vibrant and colourful fiesta of the dead. This 5-reel, 20 fixed lines video slot features 11 captivating symbols reflecting the festival’s lively theme, complemented by an enchanting musical backdrop. The game includes an Expanding Wild Symbol, which enhances winning potential. Additionally, the Pick Me Bonus, triggered by 3 Scatter Symbols, invites players to select between two dancing skeletons, revealing multipliers of up to 50x.
20 Golden Coins is an innovative and modern video slot that marks the beginning of advanced online games. This 5-reel, 20 paylines video slot bursts with new and rewarding features. It combines classic fruity symbols with immersive graphics and a captivating soundtrack. The Star Scatter Symbol can bring significant rewards, while the Number 7 Wild Symbol enhances winnings.
Extra Crown is a 5-reel, 10-fixed-line video slot that transports players to a kingdom of fruits, bells, and sevens, where fortunes await the bold. The Crown Wild symbol offers great rewards, and the Dollar and Star symbols serve as Scatters to boost winnings. The game also features Expanding Wilds and pays Both Ways, enhancing the chances for royal rewards.
Meridianbet has successfully advanced to the next stage in Brazil’s exclusive sports betting and iGaming licensing process. The company is one of only 89 operators (from over 600 initial applicants) shortlisted at the federal level by the Brazilian Ministry of Finance. This shortlist grants operators permission to continue offering sports betting and iGaming services nationwide during the adaptation period, which runs until December 31, 2024.
This important step places Meridianbet among an elite group of global operators as Brazil approaches the launch of one of the most highly anticipated gaming markets in the world. With non-listed companies set to be prohibited from offering services starting October 11, 2024, inclusion on this shortlist highlights Meridianbet’s technological excellence, commitment to compliance, and its focus on responsible gambling and strategic market planning.
The company’s proprietary platform, which has undergone rigorous testing, along with its comprehensive marketing strategies and responsible gambling policies, positions it as a key player in the future of Brazil’s gaming industry. The application covers both sports betting and iGaming (online casino) under Brazil’s licensing regime, allowing Meridianbet to provide a full suite of gaming experiences to Brazilian players.
Brazil’s gambling market is forecasted to generate $34 billion in sports betting turnover by 2028, with an onshore gross win of $2.8 billion, according to a report by the International Betting Integrity Association (IBIA). Unlike the state-by-state regulatory approach in the U.S., this federal-level licensing will grant nationwide access, enabling the company to tap into Brazil’s rapidly growing market and diverse player base.
As part of the Golden Matrix Group (NASDAQ: GMGI), Meridianbet is leveraging global expertise and proprietary technology to strengthen its position in Brazil, ensuring it remains at the forefront of this emerging market.
Compliance Updates
Grupo Aposta Ganha secures GLI 19, GLI 33 and Brazilian certification for its platform from BMM Testlabs
Aposta Ganha, the fastest-growing Brazilian sports betting and casino site, has successfully completed its GLI 19, GLI 33 and Brazilian certifications from BMM Testlabs for its Player Account Management (PAM) system and Sportsbook
These three important certifications mark a significant milestone in Grupo Aposta Ganha’s complete commitment to regulatory compliance and operational excellence in Brazil’s iGaming market. Meeting BMM Testlabs’ rigorous testing processes highlights the company’s dedication to best practices and upholding the highest levels of security, transparency, and user experience.
BMM Testlabs implemented a comprehensive 360-degree evaluation of vital operational elements, including user account management, platform interaction, and security. Grupo Aposta Ganha’s systems officially meet the standards for operating within a regulated market, reflecting both international best practices and the specific requirements of Brazil’s regulatory environment.
Grupo Aposta Ganha CTO, Rony Silva, added: “Securing these three certifications showcases our relentless commitment to meeting all the requirements stipulated by the regulator. As a company, we’re passionate about offering our customers the highest levels of compliance and safety. Our certification is part of our greater mission of embracing the evolution of good practices that have been built collaboratively to meet the Brazilian market’s unique position.”
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