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Latin America

Distinguished gaming industry leaders join CGS Santiago event in Chile

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CGS Santiago warmly welcomes a select group of speakers who will support the company’s efforts to consolidate the gaming market in Chile. The event, which will take place on May 29 and 30 in Santiago, Chile, will bring together prominent industry professionals, important fintech companies, cybersecurity firms and more, offering a valuable networking space and an Xpo360 experience.

Among the special guests, we are pleased to present:

  • Ida Lopez: President of the Mendoza Gaming and Casino Institute in the Government of Mendoza. With an outstanding legal background in both the public and private sectors, her experience in the legal and commercial fields will bring a unique perspective to the event.
  • Hazenclever Lopes: President of LOTERJ and lawyer specialized in Electoral and Public Law. His leadership of the iconic Rio de Janeiro State Lottery has left a significant mark on the lottery industry, combining his dedication to public service with his business experience.
  • Iuri Castro: Former Undersecretary of Regulation of Lotteries and Sports Betting, Former Lottery Director of Caixa. With a strong background in management and lotteries, his extensive knowledge of business strategic design and federal regulation will enrich the event’s discussions.
  • Francisco Leiva: Former Superintendent of Gaming Casinos in Chile and current consultant for an important casino chain in the southern country. His deep knowledge of the Chilean market and his experience in strategic development will be invaluable to the event.
  • Mark Pace: President of the International Gaming Standards Association (IGSA). With a diverse background in the gaming industry and outstanding experience in standards and regulation, Mark will bring a unique perspective to the event, promoting the advancement of the industry in Chile.

It is an honor to have such distinguished professionals, whose knowledge and experience will enrich the gaming ecosystem in Chile.

Don’t miss this great opportunity to share with the most prominent personalities of the international industry, create ties, exchange experiences and knowledge in an environment conducive to dialogue and business. CGS Santiago, and the brands that accompany us, continue to promote the advancement of regulation in all its areas, to achieve a solid, responsible and productive industry.

Purchase your Delegate ticket to participate in the Conferences and Expo, at cgslatam.com

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SOFTSWISS Becomes Headline Partner for NEXT.io Elite Retreat LatAm

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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 CancĂșn, 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.

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Pierre Lindh, Co-Founder & Managing Director at NEXT.io, adds: “We are delighted to welcome SOFTSWISS as our headline partner for the Elite Retreat CancĂșn. 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 

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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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Compliance Updates

Stake approved by Brazil’s Ministry of Finance, included in list of authorised operators

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Stake approved by Brazil’s Ministry of Finance, included in list of authorised operators

 

Stake is thrilled to announce that Brazil’s Ministry of Finance has officially included Stake Brazil Ltda. in the country’s list of authorised betting operators.

The decision was made following a thorough review of Stake’s application and supporting documents and will allow the brand to operate in Brazil’s booming iGaming market.

While the Ministry of Finance is in the process of evaluating a full licence application, Stake’s inclusion on the authorised operator list will allow Stake Brazil to continue offering the best-in-class gaming and betting experience that local consumers have come to expect.

Stake’s commitment to Brazil will soon be further enhanced, with plans to open an office in SĂŁo Paulo. The operator will also hire a dedicated country manager, just as it has in other key Latam territories, to bolster operations and hire additional team members. This is in order to grow the local footprint in the region, while complementing Stake’s global operations.

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From a partnerships point of view in Brazil, Stake has already enjoyed a fantastic relationship with SĂ©rie A side Juventude during its first season with the club, which culminated in a journey to the Campeonato Gaucho Final & Copa do Brazil Quarter Final.

Stake’s partnership with UFC in Brazil has also gone from strength to strength over the years while working with athletes like Alex Pereira and Alexandre Pantoja as they aim to cement their champion status.

Stake would like to extend its gratitude to customers, partners, and the Brazilian regulatory authorities for their support and cooperation during this process.

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Brazil’s BandBet partners with OpenBet to Launch Sports Betting & iGaming platform

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Brazil’s BandBet partners with OpenBet to Launch Sports Betting & iGaming platform

 

OpenBet to deliver fully compliant end-to-end betting and gaming ecosystem, including Player Account Management, BetBuilder, Responsible Gaming Technology, Geolocation Product OpenBet Locatorℱ, and Managed Trading Services

OpenBet, a leading global provider of betting content, platforms, and services, has been selected by Bell Ventures Digital Ltd (“Company”) in Brazil to power the Company’s online betting and gaming brand. In addition to providing the platform’s core technology, the Company enters the market with the BandBet brand, licensed from Grupo Bandeirantes de Comunicação (“Band”).

This landmark agreement, which has the financial advice of the Investment Banking team at BTG Pactual, the largest investment bank in Latin America, brings together two major entertainment forces to introduce BandBet, a new and innovative offering for Brazil’s regulated betting and gaming market. BandBet is currently under a soft launch period, operating on the domain www.bandbet.com, with Bell Ventures being among the authorized entities from the Ministry of Finance to operate during the transition period following the terms of ordinance 1475/24.

Band is one of the largest and most traditional and influential media conglomerates in Brazil, with a legacy spanning over 87 years. Known for its extensive network of Free to Air Television, PayTV, Radio and digital platforms (social networks, mobile app, website), Band delivers a diverse range of content, including sports, news and entertainment, reaching millions of users on a daily basis across the nation. In addition to Bell Ventures licensing the BandBet brand from Band, the Company has entered into an agreement to acquire media space from the media conglomerate.

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Leveraging the licensed BandBet brand reputation linked to one of the biggest TV networks in Brazil, and OpenBet’s unparalleled expertise in betting technology and regulatory compliance, this collaboration is poised to deliver a superior betting and gaming experience for players in the region. As part of the agreement, OpenBet will supply its complete end-to-end sports betting and iGaming ecosystem inclusive of player account management, providing BandBet with the technology, content, and compliance infrastructure required to succeed in Brazil’s newly regulated market.

In addition to sports betting, OpenBet is also empowering BandBet to deliver a comprehensive iGaming experience to players. This includes a seamlessly integrated online casino, featuring a cutting-edge user interface, access to a wide variety of content from leading gaming studios, and a unified platform for managing promotions across both sports and iGaming verticals.

At the heart of the ecosystem is OpenBet’s Player Account Management platform, enabling the sports betting and iGaming verticals while supporting safe gaming practices. Central to the platform is the responsible gaming and anti-money laundering (AML) technology, powered by Neccton, ensuring BandBet upholds the highest standards of player protection. Additionally, BandBet will benefit from OpenBet Locatorℱ, an advanced geolocation solution powered by Amazon Web Services (AWS), ensuring full compliance with Brazil’s strict regulatory requirements.

This agreement highlights OpenBet’s role as the partner of choice for operators looking to succeed in Brazil’s regulated market. With more than 25 years of experience, OpenBet will deliver a scalable, localized, and modular product offering tailored to meet the specific needs of the region.

Claudio Giordani, CEO of Band, said: “For decades, Band has been synonymous with high-quality entertainment in Brazil, and our sports coverage has been a key driver of our success. We are excited that Bell Ventures decided to enter the market with a brand licensed from our media group, as Band consistently contributes to international and local companies entering Brazil’s economy.”

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Ricardo Bianco Rosada, Board Member of Bell Ventures, said: “Partnering with OpenBet was a natural choice. Their unrivalled expertise in the global betting industry will ensure BandBet is built on a state-of-the-art platform. Their ‘open’ system, integrating sports and iGaming, equips us with the flexibility and tools to thrive in a regulated, competitive market while ensuring responsible growth.”

Jordan Levin, CEO of OpenBet, said: “At OpenBet, we pride ourselves on supporting leading brands with the highest standards in the industry. By leveraging our comprehensive betting ecosystem, BandBet will offer an outstanding player experience, positioning itself as a leader in Brazil’s emerging gaming space. We look forward to supporting BandBet’s growth and furthering our mission to help operators thrive in this rapidly evolving market.”

Bell Ventures applied for a federal license with the Ministry of Finance in August, with the expectation that the Company will be among the entities that will be granted a license by December 31st 2024.

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