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VERSUSbet, the online sportsbook of Spanish group Grupo Orenes, has extended its Real Madrid partnership to a five-year deal through 2029/30, making Brazil the centrepiece of an accelerated push into regulated Latin American sports betting.
Colombia's outgoing Petro administration filed a permanent 19% online gambling VAT bill on July 24, 2026, before the August 7 government handover. Industry data shows the levy caused a 30% GGR decline when last enforced.
The Dominican Republic's comprehensive gambling reform bill has passed an amended version through the Chamber of Deputies and now returns to the Senate for reconsideration. The bill, sponsored by Senators Pedro Catrain and Felix Bautista, would create a unified regulatory framework for land-based and online gambling, introduce a 10-year licensing freeze on new venues, and set distance requirements between gambling establishments and schools, universities, and healthcare facilities.
Brazil collected BRL 4.586 billion in betting taxes in the first four months of 2026, roughly double the same period in 2025, cementing its position as the world's fifth-largest betting market. But the ANJL's president warns that illegal operators still account for 41 to 51% of all activity, making sustained enforcement the market's defining challenge.
Colombia's outgoing Petro administration has tabled its fifth attempt to impose a permanent 19% VAT on online gambling, pursuing the measure through Congress after a 2025 emergency decree was ruled unconstitutional.
Brazil's Secretariat of Prizes and Bets has launched a 45-day public consultation to revise its betting operator authorization rules, giving operators and the public until September 9 to shape the new licensing framework.
Venezuela's regulated iGaming market, worth an estimated 250 million dollars a year, is positioning for growth after Maduro's removal and US sanctions relief, even as twin earthquakes forced organizers to postpone the country's first gaming expo to 2027.
FIRST.bet and ADI Predictstreet are launching a joint FIFA World Cup 2026 Prediction Hub to bring regulated prediction markets to FIRST.bet's Latin America operator network.
Peru offers one of the lowest headline gambling tax rates in the world, yet a turnover based ISC levy and a field of nearly 100 operators are turning it into Latin America's toughest margin market. Here is the paradox explained.
Betsson grew Q2 2026 revenue to a record 310.2m euros, but operating profit fell 39 percent to 42.2m euros as a weaker B2B division offset strong World Cup driven growth in Latin America.
Betsson grew revenue and set Latin America records on a World Cup boost, but first-half profit fell sharply as taxes and a weaker B2B unit squeezed margins.
Cirsa has taken majority control of Slots del Sol, Paraguay's leading online casino operator, in its first move into the country and its fifth Latin American market.