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Ecuador's online gambling market expands by 26% in 2024 Latin America Sports bettingThe entertainment sector in Ecuador, which includes sports betting and online gambling, emerged as the fastest-growing industry in 2024.March 22, 2025 -
Colombia's AsoJuegos challenges government's 19% VAT on online betting deposits Latin America RegulationThe Colombian Association of Gaming Operators (Asojuegos) has raised concerns over the government’s proposed 19% VAT on online gambling deposits, warning it could drive players and operators to illegal platforms.March 19, 2025 -
Luckia Colombia to refund 19% VAT on deposits through bonuses Latin America Sports bettingLuckia Colombia has announced that it will reimburse the newly imposed 19% value-added tax (VAT) on player deposits in the form of promotional bonuses. The move comes in response to a tax measure that officially took effect on February 22, requiring licensed operators in Colombia to apply VAT to all player deposits.March 14, 2025 -
Latin America’s crypto adoption rises 12% in 2024 according to Bitso report Latin America CryptocurrenciesThe year 2024 marked a pivotal period for the cryptocurrency industry, characterized by significant milestones that reshaped market dynamics and prices, as highlighted in the Crypto Landscape in Latin America report by Bitso.March 13, 2025 -
El Salvador and Paraguay sign crypto regulation agreement Latin America CryptocurrenciesParaguay’s Secretaría de Prevención de Lavado de Dinero o Bienes (SEPRELAD) and El Salvador’s Comisión Nacional de Activos Digitales (CNAD) signed a Memorandum of Understanding (MOU) on March 7, 2025, to enhance cooperation in regulating digital asset service providers.March 11, 2025 -
Altenar expands Latam operation to boost operator support Latin America AltenarLeading sportsbook provider Altenar has expanded its operation in South America by opening an office in Brazil and acquiring a licence in Peru.March 10, 2025 -
CT Interactive expands in Latin America with Bet4 Perú partnership Latin America Sports bettingCT Interactive has taken another step in its Latin American expansion by launching its games on Bet4 Perú.March 8, 2025 -
Peru reports record tax revenue from online sports betting and digital platforms in February 2025 Latin America Market analysisPeru’s National Superintendence of Customs and Tax Administration (SUNAT) has announced record tax revenue for February 2025, with online sports betting playing a key role.March 6, 2025 -
Paraguay’s Harrison Group expands into sports betting with Solbet acquisition Latin America Sports bettingThe Harrison Group in Paraguay has entered the sports betting industry by acquiring a 50% stake in Solbet, a prominent online gaming platform with a strong presence across Latin America.March 5, 2025 -
Paraguay ends monopoly in gaming sector with new legislation Latin America RegulationÓscar Orué, the head of Paraguay’s National Directorate of Tax Revenue (DNIT), spoke at the first conference on Law, which modifies the legal framework for gambling operations in the country.March 4, 2025
