💰 Latin America | GamblingCompliance

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Casinos. Latin America has a mixed attitude towards casino gaming, with some countries, such as Brazil, Ecuador and Paraguay, outlawing it.


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Santiago Asensi discusses online gambling opportunities in Latin America

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duct, gambling is not in itself a social problem. It becomes one only when its extent and repercussions require that it be submitted to legal control. Gen-.


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The Dark Side Of Non-Stop Gaming: eSPORTS (Part 4/5)

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Virtual conference analyses the classic sports alternatives, the Latin American market, and the Affiliate Industry during COVID on the 7th of.


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How Bad Is Gambling Addiction In Japan? - ASIAN BOSS

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Encouraged by successful launches of legalized sports betting in other parts of South America, the Brazil government wants to press ahead. It has.


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Becky’s Affiliated: How gambling operators can succeed in the Latin American Market

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Virtual conference analyses the classic sports alternatives, the Latin American market, and the Affiliate Industry during COVID on the 7th of.


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Latin America's hot gambling market excites game tech providers

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Vahe Baloulian on the prospects of the Latin American gaming market

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Latin America is one of the fastest growing countries in the gambling industry and predictions count $ billion revenues in Mobile is the largest segment.


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Online Gambling in Spain and Latin America interview

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A Growing Opportunity: The Latin American Mobile Gaming Market - Panel

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While Brazil is the largest country in both size and population in South America, many may be interested to know that gambling has been illegal.


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iGaming Markets in Latin America

This means, if you want to be absolutely correct, then you will have to localize for each country! Main variants include: Mexican. That is However, there are so many Spanish language variations scattered across different Latin American countries, and each variety is distinctively different from the others. In terms of gambling products, sports betting remains the biggest slice of the pie by volume. Leave a Reply Cancel reply Your email address will not be published.{/INSERTKEYS}{/PARAGRAPH} On another note, Brazil has the highest number of internet users in Latin America, and it is the 4th highest in the world, surpassing Indonesia and Japan. Through her work, she hopes to lend a hand to readers who just started their journey of iGaming content marketing. Wrapping it up. Before diving deeper into this topic, let us take you through the general overview of the most prominent iGaming markets in Latin America. Understanding the language and culture of your audience, being on your toes about local sports events, paying attention to the local gambling jargon, and analyzing the technology needs of the region are the keys to a successful localization strategy. Although these plans are still in the pipeline, if they were to be implemented, it is indeed a pot of gold for affiliates and operators in these verticals. When it comes to technology, there were approximately That means about It is now ranked as the 10th among the countries with the most internet users as of Hence, opportunity in the land of sports-fanatics lies in leveraging mobile technology. The next big steps include regulating virtual sports and live casinos in the near future. Save my name, email, and website in this browser for the next time I comment. In terms of localization, the core principles remain the same. Source: Number of mobile phone internet users in Mexico from to in millions Statista. Languages in Latin America. The Latin American iGaming market overview. All in all, business-wise, we could say that Colombia is marching strong and fast along the road to a more developed and fairly-regulated gambling economy. It is also the second most important language in Latin America, and the only official language of Brazil spoken by over million people. Related Posts. {PARAGRAPH}{INSERTKEYS}While the UK iGaming giants are rocking in the Brexit ocean, and US-based companies are going through painstaking state-by-state regulations, Latin America seems to be a much more approachable land of opportunities for iGaming business owners. For such a football-dominated nation with a population of million, it is surprising to see that gambling is considered illegal in Brazil. In , the largest gambling market size in Latin America was reported to be Argentina, although this proportion mainly represents land-based casinos. Main variants include:. Skip to content. Latin American Spanish. There are about million Spanish speakers in the world, and of them reside in Latin America. This gives you the opportunity to target the biggest Latin American iGaming markets, and also the most widely understood variants! That is why, before stepping into the Latin American market, it is crucial that you analyze key information such as the market sizes, rules and regulations, gambling interests, popular sports, technological advancement, and last but not least, language variations — all of which we will be discussing later in this article. This means that in combination with the legal brick-and-mortar casinos, slots, and horse race betting, Buenos Aires is surely on its way to becoming an attractive landscape for both local and international iGaming operators. As a consequence of such legal constraints, a lot of gambling businesses had to operate underground, which did more harm than good. However, its unrivaled passion for sports, increasing mobile phone ownership, developing mobile-internet connectivity, combined with an ongoing movement for a more flexible online gambling regulatory framework are all proving that the Latin American iGaming market is definitely growing at a speedy rate. With the help of such regulatory movement, the Colombian government has successfully cracked down on almost 3, illegal gambling operations, hoping to shed light on a more systematic online gambling system. For those looking to target customers in this region, it is important to make strategic decisions on elaborate research and understanding of the diversity of the countries. Brazilian Portuguese. In the s, most forms of gambling were prohibited in Brazil, and casinos and bingo halls all had to shut down. Despite its million inhabitants , there is no denying that it is still an underpenetrated market compared to Europe or the United States. It is the aim of Coljuegos, the Colombian gaming authority, for the country to become the industry leader in Latin America. Targeting a new generation of gamblers. This also implies that it is a freeway for operators to advertise Poker and leverage their brand using this window of opportunity. Like a lot of other iGaming markets, the key to growth in Latin America also lies in the hands of millennials — the digital native generation. Post comment. With Colombia leading the way, it is hopeful that other Latin American nations will follow its footsteps very soon. Just like American and British English, Brazilian Portuguese and European Portuguese have their differences, except that they are a bit more complicated. Did you know? This country is going to be way easier to penetrate because of this internet availability, so it is not unwise to target Brazil for your next localization move. Latin America is comprised of 20 countries and 13 dependencies, and it gets even more complicated when you include anglophone and Dutch-speaking countries. Regardless of the constant transformation of the Latino iGaming market, you can always prepare ahead to attract Latin American players through error-free translation to native language content, on-point localization strategies, and relevant technical foundation. False friends are often found guilty for some of the world-famous localization mistakes , and these two Portugueses languages have no exception either. It is high time that the investors and operators try to understand the differences between each country rather than treating Latin America as a homogenous region. Argentina is also another promising iGaming market in the region, even though it is a late bloomer compared to countries like Brazil and Colombia. Each country has its own preferred languages, unique gambling and betting culture, and specific sets of laws for the gambling industry. It already has a strong presence of physical casinos, slot machines, and bingo, which implies that locals are no strangers to gambling affairs. Contact us. May is also deeply passionate about crafting visual designs which brings great joy to her heart. With million users in total, online gambling business opportunities are like hidden gems waiting to be unearthed. To sum up, the Latin American iGaming market is definitely worth the watch for many reasons, including the oversaturation of existing iGaming markets, and overwhelmingly high interest from players across the continent. Recently, Bueno Aires became the first city in the country to legalize online gambling and sports betting at the end of last year. Your email address will not be published. May is an in-house content writer at Translation Royale, where she was introduced to the iGaming industry. Unlike traditional gambling games, these games are designed around diverse themes and niches to appeal to any player regardless of their preferences. If you are trying to gain a foothold in this country, be prepared for a more competitive race, as major operators are also trying to get a slice of the pie in this promising market. On the other hand, Poker is recognized as a game of chance, and therefore it is not under any legislation. Especially since each country has different dialect regions within them as well! Generally speaking, Spanish and Portuguese are the two most dominant languages among Latin American countries, followed by English, French, and Dutch. Other countries which are considered to be the most active countries for gambling in Latin America are Mexico , Brazil , and Colombia. Oct 31 Reading Time: 8 minutes.