Argentina
Crypto Gaming Pioneer Cloudbet Adds Dai Stablecoin For Argentina Market
Cloudbet, the pioneering crypto casino and sportsbook, has added MakerDAO’s Dai to the currencies available to its customers amid surging interest for the stablecoin in Argentina and South America.
To complement the launch, the operator is offering a “Red Card Money Back” promotion to customers who bet on select Argentine soccer events with Dai, as well as 200 free spins in the Cloudbet casino to players who deposit the stablecoin into their accounts. New players are eligible for a welcome bonus worth up to 1,000 Dai.
Dai’s introduction comes two weeks after Cloudbet officially launched its Argentina-focused service, and is the latest stablecoin addition this year for the operator, on top of USD Tether, USD Coin and Pax Gold.
Because their value is tied to a “stable” underlying asset, stablecoins have been gaining popularity in crypto-gaming circles as a solution for players seeking to protect their winnings from the extreme volatility experienced by holders of bitcoin and other non-stablecoins. In Argentina, people have been flocking to coins like Dai as a hedge against the devaluation of the peso, amid stringent government capital controls.
“Stablecoins are supremely relevant in Argentina, where individuals are looking to protect the value of their assets,” a spokesperson for Cloudbet said. “We said recently that we intend to add more coins that are specifically appropriate for this market, and we’re now following through.”
Founded in 2013, Cloudbet is one of the world’s longest established bitcoin betting operators, with a trusted legacy in safely storing player deposits and processing withdrawals seamlessly on an intuitive user interface.
The operator on Nov. 10 unveiled a country-specific site and blog to help Argentinians learn more about the benefits of betting with cryptocurrency, as well as the features that make Cloudbet a trusted leader in the world of crypto gaming: the best sports odds, the highest betting limits, a state-of-the-art bitcoin casino and a welcome bonus worth up to 5 BTC. Adding to that is Cloudbet’s world-class 24/7 live chat customer support – in Spanish – to better manage Argentine players’ inquiries.
The operator’s move into South America is part of a bold push to attract a more diverse audience to what was once a bitcoin-only product. Cloudbet relaunched its site in April with a swathe of bold new features including new coins, esports, politics betting, virtual sports and easy credit-card coin purchases.
Cloudbet grabbed the attention of industry observers in June with an ambitious English Premier League campaign, under which its sportsbook charged no margin on pre-match bets for all games left in the season. That allowed customers to access the fairest prices — and therefore the highest returns — in the market.
The “zero margin” campaign was an extension of Cloudbet’s long-standing “best odds” campaigns on sports including soccer, basketball and tennis. The operator recently pledged to also offer best prices on competitions that Argentine sports fans follow closely, such as the Champions League, the Copa Libertadores, and in next year’s Copa America.
Dai, built on the Ethereum network and underpinned by a system of smart contracts and decentralized price feeds, is designed to maintain a soft peg to the US dollar.
Argentina
LIGHT & WONDER™ ENTERS ARGENTINA FOR THE FIRST TIME THROUGH BETSSON AGREEMENT
Light & Wonder, Inc. (NASDAQ and ASX: LNW) (together with its subsidiaries, “Light & Wonder,” “L&W” or the “Company”) has successfully taken its content live in Argentina for the first time through Betsson Group, the leading global betting operator with more than 60 years of experience in the industry, as an important part of their customers’ entertainment mix.
The launch means players in the Province of Buenos Aires can now enjoy first-party games including 88 FORTUNES, Light & Wonder’s top-performing land-based title in Argentina, through Betsson Group’s brand betsson.bet.ar.
The go-live follows a recently extended agreement between the two long-established companies to bring Light & Wonder content to fresh regulated markets worldwide. A range of additional first and third-party content will also be distributed through the Light & Wonder platform to other Betsson Group brands in the coming months, handing the operator a significant increase in quality entertainment that it can bring to players in Argentina.
Betsson Group has nurtured a strong reputation as a top choice for players in Latin America, due to its unique, high-quality offering and because the company offers the best customer experience in the industry. For many years, Light & Wonder has provided its leading content to Betsson Group to spur growth in key markets globally and this launch represents the latest step in that process.
Tatiana García Barrenechea, Commercial Director – LATAM, at Light & Wonder, said: “Betsson Group is a very significant partner, one that has consistently demonstrated its dedication to excellence during an alliance that has grown successfully over the long-term.
“This debut launch in Argentina is a significant step in our expanded relationship and we are delighted to be able to grow together in this important country, serving players with relevant and highly engaging casino content.”
Laura Peretta, Head of Supplier Relations at Betsson Group, added: “Light & Wonder has proven to be a highly reliable supplier for many years during our iGaming growth journey as it’s very pleasing to be able to take its content live in Argentina.
“This partnership ensures nothing less than a superb content delivery. We look forward to seeing how our players in Argentina feel the thrill and excitement this content and added-value tools brings them because of this landmark launch.”
Light & Wonder’s ecosystem offers more than 3,500 games from a global network of in-house and third-party game studios, with unrivalled ease of integration that is robust and secure. All games available through the aggregation platform are supported with a comprehensive range of responsible gambling tools, helping to deliver a safe and enjoyable gaming experience for players.
Argentina
Peter & Sons Content Live in Buenos Aires City with SkillOnNet
SkillOnNet’s PlayUZU will introduce Peter & Sons’ games to Buenos Aires market
Innovative game studio Peter & Sons’ game-changing portfolio of online casino content is now live in Buenos Aires City at PlayUZU, the flagship Spanish-language brand of global entertainment company SkillOnNet.
By logging into PlayUZU, ‘Portenos’, as residents of the Argentine capital are known, can now enjoy Peter & Sons unique brand of innovative slots, which have been whipping up a storm in dot-com markets.
The studio works with the best artists, mathematicians and musicians to create some of the most pioneering titles on the market including big hits like Barbarossa, Book of Books, Wild One, Voodoo Hex and Water Blox.
One of Peter & Son’s flagship games, Barbarossa, immerses players in a hectic pirate-themed adventure world, offering unlimited multipliers and an impressive maximum win potential of 20,000x. This has made it a firm player-favorite among the studio’s diverse portfolio.
Leading European online gaming operator SkillOnNet launched PlayUZU in Buenos Aires City last year after receiving its license from the city’s gaming authority (LOTBA). The company teamed up with one of the largest local land-based gambling operators, BuenosAiresSlots, as its local licensing partner to offer a truly omni-channel experience.
SkillOnNet believes the addition of Peter & Sons’ portfolio will boost PlayUZU’s existing offering of localized, cutting-edge content in the Buenos Aires City market.
“We’re delighted that, through a partnership with SkillOnNet, our games get to be played by so many diverse groups of people in jurisdictions all around the world,” the co-founder and Business Development Director for Peter & Sons, Yann Bautista, said. “That’s what makes all the hard work worthwhile. We hope our content be as popular in Buenos Aires City as it has been in other jurisdictions.”
“Since its launch last year, PlayUZU is becoming hugely popular in Buenos Aires City and so it’s important that we keep expanding our offering to keep up with demand,” the Head of Games for SkillOnNet, Jani Kontturi, said. “Peter & Sons is becoming a legendary game studio and is an important partner, so it’s natural it would be at the vanguard of our plans.”
Argentina
SIS and Bet365 Launch Fixed-Odds Horse Racing in Colorado
Launch provides sports bettors with exciting new content and raises horse racing awareness
SIS Content Services, part of Sports Information Services (SIS) Group, the leading content supplier of 24/7 live betting services, has agreed a landmark deal with long-time operator partner Bet365 to deliver its global horse racing content to bettors in Colorado, bringing fixed-odds horse racing wagering to a licensed sports betting platform for the first time in the United States.
The approval of horse racing fixed-odds wagering on Colorado sportsbooks will aid the sport attracting a wider range of casual bettors, who will be offered the same type of betting as all other sports. It represents positive news for a range of Colorado stakeholders including Bally’s Arapahoe Park and the Colorado Horsemen’s Association as a portion of turnover is directed to Colorado horse racing.
Boasting round-the-clock betting opportunities, SIS Group provides a comprehensive horse racing portfolio of nearly 140 international and domestic racetracks. The upcoming highlights include the Saudi Cup Day on February 24 where top American horses will compete for US$33.5 million in purses and then travel to the Dubai World Cup meeting on March 24 to vie for US$30.5 million in purses. Along with coverage of the world’s richest horse races, year-round racing is available from 14 countries including Ireland, Australia, Chile, Argentina, Uruguay and the United States.
SIS Group delivers sportsbooks an end-to-end horse racing solution including live-streamed video with betting triggers, race day data and an extensive range of markets and odds prices to provide seamless betting experiences.
“The launch of fixed-odds horse racing betting on Colorado sportsbooks puts horse racing on equal footing with other sports and hopefully attracts a new fan base and revenue for our racetrack partners,” the Vice-President for SIS Content Services, Michele Fischer, said. “This is a great first step in expanding the horse racing audience and I commend the Colorado horse racing stakeholders, Colorado Division of Gaming and Bet365 for their vision and support. Horse racing provides sportsbooks with exciting year-round 24/7 content throughout the world. It will take time in the United States but I expect that more sports wagering operators and states will include horse racing on their sports catalogs.”
“We are thrilled to be able to put horse racing on Colorado sportsbooks for fixed-odds wagering,” the Operations and Racing Executive Director for Bally’s Arapahoe Park, Shannon Ruston, said. “Working with SIS Group, we crafted a commercial framework that benefits local racing while giving sportsbooks access to thousands of races. Our belief is that this development will secure a better future not only for Bally’s Arapahoe Park but also for the racing ecosystem as a whole in Colorado.”
“We are committed to ensuring that horse racing in Colorado is economically viable for the participating owners and trainers, who are the backbone of the sport,” the President of the Colorado Horsemen’s Association, Kim Oliver, said. “Fixed-odds betting will produce a new revenue stream and exposure for horse racing. This launch represents a pivotal moment for our group.”
“The introduction of fixed-odds horse racing betting is sure to have a positive impact in Colorado,” read a statement from Bet365. “We have seen the popularity of fixed-odds betting in horse racing in other markets and, as sports betting becomes more ingrained across the United States, it will certainly provide a boost to engagement.”
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