Latin America
Habanero continues LatAm expansion with Betjuego
Latest deal sees supplier sign with fast-growing Colombian operator
Premium slots and table games provider Habanero has announced its latest deal as part of its increasing LatAm presence, signing with major Colombian operator Betjuego.
Combining the very best in European iGaming technology with traditional Colombian flair, Betjuego boasts an action-packed portfolio comprising live betting, sportsbook and casino games.
Since launching a year ago, Betjuego has already cemented itself as a key player in the Colombian market, thanks to its platformâs ease of use, with commercial agreements via local partners totaling more than 15,000 betting points in the country.
The platformâs product offering is now set for a further boost with the addition of almost 60 Habanero HTML5 slots and table games titles, as well as its advanced marketing and customer retention tools, including its high-performance configurable tournaments.
The latest deal for Habanero as part of its ambitious plans for LatAm in 2020, the partnership extends Habaneroâs rapidly increasing player reach across the continent.
Commenting on the deal, Vera Motto, Business Development Executive at Habanero said: âWe are delighted to partner with such a dynamic, up-and-coming operator as Betjuego. The company operates one of the simplest and fastest-growing iGaming platforms in Colombia, and weâre proud to be counted as one of its key suppliers. We are confident that our innovative and fresh content will thrill Betjuegoâs players.
âNow certified in 17 territories around the globe and counting, this agreement further strengthens our footprint in yet another exciting emerging market. Stay tuned for plenty more exciting news to come.â
Stefano Tino, Managing Director at BetJuego, added: âHabaneroâs immersive gaming content has a proven track-record of popularity with a wide variety of players, so we are thrilled to have the innovative supplier on board.
âWeâre sure that its premium game catalogue will provide a welcome addition to our state-of-the-art platform and casino offering, and we look forward to a productive, long-term relationship.â
Ready to build on an outstanding 2019, the specialist provider aims to continue its rapid expansion across Europe and South America in 2020 by creating the industryâs most engaging and immersive content.
Latest News
BINGO GODEL QUILMES BETS BIG ON ZITROâS MEGA LOUNGE
Zitro, a global leader in the gaming industry, continues to reap success in Argentina with âMega Loungeâ, this time in partnership with Bingo Godel Quilmes, one of the leading references in the province of Buenos Aires. This concept, unique in the industry, is part of the recent expansion of the gaming hall and reinforces the commitment to Zitro, consolidating it as the strategic supplier in this new stage of the renowned Bingo.
âMega Lounge,â located in an exclusive area of the gaming hall, combines different cabinets and a wide game library with various themes and mechanics. These games share an interconnected Mega jackpot progressive.
Bingo Quilmesâ gaming floor now features up to five âMega Lounge,â each packed with Zitro cabinets.
Due to the number of cabinets contributing to the Mega Jackpot, it appears more frequently, creating an exciting community celebration experience known as the âEco-celebrationâ. This event is enjoyed by all customers playing in the Loungesâ cabinets at the moment they win the prize.
Bingo Godel Quilmes, which already offered a variety of successful Zitro games, including Link King, Link Me, Link Shock, 88 Link, Bashiba Link, and Wheel of Legends, has expanded its gaming offer with more renowned titles such as Fu Frog, Fu Pots,, Pearlâs Paradise, Mighty Hammer, Epic Kingdom, Drum Dynasty, Energy Link, 88 Link Multiplier, and 88 Link Shiro,among others. This expansion reaffirms both partiesâ commitment to providing customers with a varied and attractive range of Zitro products, aiming to deliver the most innovative entertainment experience on the market.
Juan Pablo Fichera, General Manager of Bingo Godel Quilmes, commented: âFor us, it is fundamental to offer a wide variety of products that allow us to diversify our offer and provide our players with the best experiences. Therefore, we have partnered with Zitro, a leading supplier in Latin America that has already demonstrated solid performance in our venue. In addition, âMega Lounge,â with its unique, community-focused experience, has been a huge success with our customers and is quickly becoming a favorite.
On the other hand, Alejandra Burato, Zitroâs Regional Director for Latin America, commented, ââMega Loungeâ is proving to be a resounding success in all the venues and countries throughout the region, including Argentina. Its proven performance, combined with a wide variety of games for different player profiles, makes this innovative concept a safe bet, further increasing our performance, which is already among the top 5 venues in the region. We are thrilled to expand our gaming offer through our partnership with Bingo Godel Quilmes and to continue our joint success. We are grateful for their ongoing trust and support of Zitro.â
Compliance Updates
How payments can drive iGaming operatorsâ growth as they navigate an evolving regulatory landscape
With iGaming regulation changing in multiple European and Latin American markets, Paysafeâs Rory Howard considers the invaluable role of payments
By Rory Howard, GM of iGaming for EMEA, Paysafe
After enacting new gambling legislation at end-2023, Brazil is expected to launch its iGaming market on January 1st. With 215m people, Latin Americaâs most populated country is almost certain to rapidly become a major global jurisdiction. Annual gaming revenue is forecast to grow to $4.9bn within five years, according to Vixio.
While the new Brazilian market offers an important opportunity for operators, licensing includes significant regulations to negotiate, including around payments. With other markets also enacting or considering more robust iGaming regulation, the operators that successfully navigate this new space can make change pay.
From Sao Paulo to Sweden via the UK
In April, Brazil published an Ordinance on operatorsâ payment requirements, preventing players from depositing using credit cards, cash, cheques, pay slips, bank slips and cryptocurrencies. Withdrawals of winnings will only be possible via electronic transfer between the operator and the playerâs bank account, which must be a financial institution authorized by the Brazilian Central Bank.
Such restrictions, especially around credit cards, are part of a broader global trend to promote responsible gambling. In neighbouring Argentina, the Buenos Aires legislature is currently considering a bill to ban credit cards and social assistance debit cards for online betting in the capital regionâs regulated market.
Over in the UK, operators have not been able to offer credit card deposits since the Gambling Commission restricted this in April 2020. More recently, the UK governmentâs Gambling Act Review white paper, which was released in April 2023, has resulted in more robust know your customer (KYC) checks for operators, including on affordability. From August all UK bettors depositing a net ÂŁ500 needed to be checked, lowered to net deposits of ÂŁ125 from February.
And UK operators are also facing marketing restrictions. From summer 2026, front-of-shirt Premier League football club sponsorships will no longer be an option following the associationâs voluntary ban. In addition, the government is currently considering whether bonuses should be tightened, though it appears unlikely that the UK will go as far as Brazilâs complete ban on bonusing and free bets.
The UK isnât the only European country strengthening its iGaming regulatory framework, with Sweden only allowing operators to offer players a single sign-up bonus following the Scandinavian countryâs re-regulation of the market in 2019. More recently, the Swedish gambling regulator has come out in favour of the governmentâs proposed ban on credit cards for iGaming from April 2025.
Playing and paying it forward
With Swedenâs eastern neighbour, Finland, looking to liberalize its government monopoly with a licensing system for private operators by early 2027, the only constant when it comes to iGaming regulation is change. While regulatory change providers operators with opportunity, they need to have a solid strategy in place.
The global regulatory space is highly complex and diverse, so itâs essential for operators to develop a robust compliance framework that covers all the different legal requirements for each global market. Against the backdrop of the responsible gambling shift, KYC protocols have never needed to be more granular, requiring automation and specialised software for the highest accuracy and efficiency.
Payments are an indispensable element in negotiating the new regulatory landscape. Every market is unique, including when it comes to payments. If a jurisdiction restricts credit cards or other payment methods, operatorsâ cashiers need to include alternatives such as digital wallets, eCash or even pay-by-bank options to ensure players donât abandon a brand before they become a customer.
With markets restricting bonuses and other marketing channels like sponsorships, operators need to ensure they are getting payments right. Payments â including quick payouts and deposits and the availability of preferred payment methods â are much more important factors in playersâ selection of online sportsbooks than sign-up offers and sports sponsorships, according to Paysafeâs 2024 research.
More broadly, itâs also vital for operators to choose the right payment provider. Partnering with a payments company with global experience and which offers a comprehensive range of its own and third-party payment solutions, including local payment methods (LPMs) like Brazilâs Pix, will enable operators to effortlessly tailor their cashiers to a particular market.
Whether in Brazil, Argentina, the UK, Sweden or Finland, the global iGaming market is diversifying from a regulatory perspective. While the changing space poses significant challenges, it gives savvy operators an opportunity to ensure their brands and cashiers are not only compliant but have a completive edge that will ultimately pay out.
Rory Howard
As General Manager for iGaming in the EMEA region at Paysafe, Rory oversees the companyâs online gambling business in the U.K. and continental Europe as well as neighbouring regional markets. He has close to 20 yearsâ experience in payments and fraud analysis, with a strong focus on the iGaming space. Roryâs previous roles include payment leadership positions at The Rank Group, Racing Stars, Gamesys, and Eyas Gaming.
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 worldâs leading iGaming community. This partnership underscores SOFTSWISSâ 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 Caribbeanâs most stunning locations.
Max Trafimovich, CCO at SOFTSWISS, shares: âLatin 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.â
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 CancĂșn. SOFTSWISSâ 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 SOFTSWISSâ 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 SOFTSWISSÂ
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 Worldâs 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.
-
Asia5 days ago
Skillhub Online Games Federation forges strategic partnership with IESF to bring International Esports Championships to India
-
Asia4 days ago
Red Bull M.E.O. returns in 2024 to India: BGMI qualifiers lead to thrilling LAN National Finals in Chennai
-
Latest News5 days ago
TRUMO LAUNCHES INSTANT OPEN BANKING PAYMENTS FOR FINNISH IGAMING REFORMS
-
Industry News5 days ago
International Accolade for Campaign from the Danish Gambling Authority
-
Asia4 days ago
GG.BET is inviting BLAST Premier: World Final attendees to the GG.BOOTH to take part in some fun activities
-
Asia5 days ago
DreamHack India 2024: A complete guide to the esports tournaments with INR 45+ lakh prize pool on the line
-
Industry News5 days ago
Betsson Group Triumphs at the EGR Operator Awards 2024, Securing Five Major Wins
-
Asia3 days ago
NODWIN Gaming partners with Japanese gaming company KONAMI for âeFootball Diwali Showdownâ