Latin America
SIS enters Chilean online market with Estelarbet agreement
Live Racing Channels set to enhance Latin American profile across Chile, Peru and Ecuador
SIS (Sports Information Services), the leading multi-channel supplier of 24/7 live betting services, has signed a deal to deliver its round-the-clock racing content to Chilean operator Estelarbet, marking its debut in the country’s growing online market.
SIS will provide its market-leading 24/7 Live Racing Content to Estelarbet, which includes premium live UK and Irish horse racing, and international meetings from Canada, Dubai, Germany, Hungary, Latin America, Mauritius, Mexico, Saudi Arabia, Singapore, Spain, and the United States, as well as UK, Irish and Mexican greyhound racing.
In total, SIS will deliver more than 65,000 live horse and greyhound racing events each year from over 170 racecourses and tracks across five continents. The live racing action will be interspersed with market-leading virtuals, providing Estelarbet with revenue-boosting, profitable short-form content throughout the day with a betting event every three minutes. The content will be made available to Estelarbet customers in Chile, Peru, and Ecuador.
In addition to 24/7 racing content, later in 2023, SIS will provide Estelarbet with its high margin end-to-end events-based esports content: Competitive Gaming.
Oscar Murueta González, Commercial Executive for LATAM at SIS, said: “Estelarbet’s growing online presence in Latin America is the ideal platform for our market-leading 24/7 Live Racing content. This deal represents our debut in Chile and will see Estelarbet benefit from access to the wealth of quick-fire betting opportunities our services provide, and we are sure that Estelarbet’s online customers from across all the territories will be highly engaged by our racing content offer.
“Estelarbet is keen to grow its turnover and we have no doubt that our partnership is going to be of great benefit in achieving that aim.”
Sebastián Salazar, CEO at Estelarbet, said: “SIS’ package of market-leading racing channels offers exactly the quality of overall betting experience we’re looking for and it is going to add significant value and new opportunities for us to drive incremental revenue.
“We are confident that our customers will engage well with the breadth of racing betting markets that they are now able to access, and we’re excited at the prospect of our continued collaboration on future new content.”
Compliance Updates
WA.Technology receives accreditation to enter Peru’s gaming market
WA.Technology, the award-winning B2B solutions provider, is excited to announce its entry into the rapidly expanding Peruvian gaming market after receiving the necessary certifications from the country’s gambling regulator, Ministerio de Comercio Exterior y Turismo (MINCETUR).
Already recognised as the most sought-after B2B solutions provider for LatAm, the award-winning provider is now bringing its iGaming expertise to operators across Peru, having already partnered with the majority of the continent’s biggest brands.
In total, WA.Technology offers its LatAm partners a full spectrum of iGaming solutions via its WA.Platform, WA.Sports, WA.Casino, WA.Fantasy, WA.Affiliates and WA.Lottery verticals.
With WA.Technology boasting multiple regional offices across the continent, the provider has now stated a firm commitment to ensuring that its Peru operator partners will be given the best of its technology to gain local market share.
These include its latest lottery platform, with players able to access more than 70 of the world’s biggest lottery formats, Highly popular Lottery games from the USA will also be available, such as Powerball and Megamillions, reaching in excess of $1bn.
In addition, local operators will be able to harness WA.Technology’s latest Fantasy Sports and its US-inspired Pick’Em Play Props offering, which is being rolled out imminently to big-name operators across the continent.
Designed for players to unleash their sporting expertise across Daily Fantasy Sports and Free-to-Play predictor games, both represent a tried and tested acquisition tool for LatAm operators to boost engagement, retention and cross-selling opportunities.
Local partners will also be able to access WA.Technology’s latest WA.Affiliates vertical, designed to transform LatAm operators’ player-focused marketing and customer acquisition strategies.
Featuring affiliate tracking features, performance tracking software, and the option to introduce gamification, WA.Affiliates represents an unparalleled acquisition tool for operators to reach new audiences and drive traffic back to casinos and sportsbooks.
Commenting on the company’s launch in Peru, Axel Antillon, Regional Director LatAm at WA.Technology, said: “Peru represents a significant opportunity for WA.Technology; we are very excited to be embarking on this new journey! The country’s growing appetite for gaming and entertainment-led experiences aligns perfectly with our mission to deliver LatAm’s best gaming products.
“By entering the Peruvian market, we’re able to support local operators in enhancing their player experience, improving operational efficiency, and ultimately, growing their business. We look forward to becoming a trusted partner to the region’s operators as we establish a long-term presence here.”
Since regulations were introduced in October 2023, Peru has been pinpointed as one of LatAm’s major growth markets by industry experts.
Reports project the market to grow at a compound annual growth rate (CAGR) of 9% between 2023 and 2031, largely driven by increased digital adoption and growing demand for online entertainment.
MINCETUR, Peru’s regulator, estimates that approximately Sol3.8 billion (€1bn) in bets was placed in 2022, with online gaming and sports betting estimated to produce Sol162m (€40.6m) a year in taxes for the state.
eSports
Community Gaming Joins Forces with Moonton as Official Esports Partner for Mobile Legends: Bang Bang
Community Gaming (CG), the leading esports platform for automated tournament payouts and sponsor of the Mobile Legends: Bang Bang’s professional league for the Latin America Region, MPL LATAM, now supports developing esports communities in Latin America in collaboration with Moonton.
This partnership is a significant boost to CG’s existing advantages associated with its grant program, a partner-backed initiative to provide organizers with economic resources based on the performance and growth of their local gaming communities. Tournament organizers can apply to receive platform support, prizes, in-game currency, items, and tournament professional assistance including “Tournament Mode,” a special setting on Mobile Legends: Bang Bang that grants organizers enhanced features, such as unlocking all available skins in the game for players to fully enjoy a complete and unique MLBB pro tournament experience.
Wei Xu, regional esports operation manager at Moonton, said: “We are excited to announce the partnership with Community Gaming. Community Gaming is the most accepted esports platform in our community in Latin America. We hope this partnership brings new experiences to the players.”
As MPL comes to its end this year, CG will also be collaborating with MLBB professional teams for a flash $4000 prize tournament set to enhance the visibility of the company’s services. This event marks a pivotal moment set to highlight CG’s preparedness to impact the professional MLBB scene.
Community Gaming and Moonton are no strangers to mutual cooperation. In the past both companies have partnered to develop the Dawn of Heroes Series, a set of events in 2021 and 2022 that offered qualifying slots to MLBB’s Signature Competition, Liga LATAM. The companies have also worked together on Peru’s University Tournament INTERU 2023 and currently Community Gaming hosts significant activity of MLBB Tournaments from over 12 countries on a monthly basis.
Latest News
SOFTSWISS Becomes Headline Partner for NEXT.io Elite Retreat LatAm
SOFTSWISS, a global tech expert with over 15 years of experience providing innovative iGaming solutions, announces its headline partnership on the Elite Retreat LatAm, an exclusive event organised by NEXT.io, the world’s leading iGaming community. This partnership underscores SOFTSWISS’ commitment to fostering innovation and collaboration within the rapidly growing Latin American iGaming market.
The invite-only retreat is scheduled to take place from 24 to 26 November 2024 at the luxurious Secrets Maroma resort in Cancún, Mexico. The Elite Retreat LatAm will bring together 100 top decision-makers from leading operators and suppliers in the iGaming industry, offering an unparalleled opportunity for focused networking and strategic discussions in one of the Caribbean’s most stunning locations.
Max Trafimovich, CCO at SOFTSWISS, shares: “Latin America represents a key growth area for SOFTSWISS, and our ongoing certification efforts in Brazil are a testament to our long-term commitment to the region. We believe that events like the Elite Retreat LatAm provide a unique platform for exchanging valuable insights and fostering meaningful partnerships. With NEXT.io as a trusted partner, we are confident that this retreat will set the stage for significant advancements in the Latin American iGaming market.”
Notable attendees will include key figures such as the GM LatAm of Stake, the CEO of Logrand, the Director of Caliente, the President of AEIJA, the CEO of Apuesta Gana, the CEO of Coolbet, the Director of Doradobet, among others.
Pierre Lindh, Co-Founder & Managing Director at NEXT.io, adds: “We are delighted to welcome SOFTSWISS as our headline partner for the Elite Retreat Cancún. SOFTSWISS’ pioneering role in the iGaming industry makes the company the perfect partner for this event. Together, we are creating an environment where the future of gaming in Latin America can be shaped by its leading minds.”
The retreat will feature two full days of networking and entertainment, allowing attendees to forge strategic connections and explore the latest trends and opportunities in the Latin American iGaming sector.
This collaboration with NEXT.io aligns with SOFTSWISS’ strategic focus on Latin America, following initiatives such as appointing the Formula 1 star Rubens Barrichello as Non-Executive Director for SOFTSWISS in LatAm and the ongoing process of receiving a certification in Brazil for its Casino Platform and Sportsbook.
About SOFTSWISS
SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.
About NEXT.io
NEXT.io is the World’s iGaming Community, renowned for its in-depth coverage, expert analysis, and industry-leading events. Through a portfolio of high-impact events such as NEXT Summit: New York and NEXT Summit: Valletta, and Elite Retreats, NEXT.io is committed to driving innovation and fostering a global community of iGaming professionals.
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