Connect with us

Latest News

Betcris Gold sponsor of the 1st Aliadas Congress in Colombia

Published

on

Reading Time: < 1 minute

 

Last Tuesday, February 22, the first Aliadas Congress was held, an association that brings together 31 associations from the business and economic sector in Colombia. The Gaming sector joined Aliadas through Fecoljuegos, to learn about the approach of the Government, sectors and other Guilds to strengthen the Colombian economy.

Betcris was part of the first Aliadas congress as Gold sponsor of the event. The Country Director of Betcris, Liliana Viveros, was present at the congress to create contacts and be aware of the efforts made by all the sectors represented in Aliadas to strengthen the Colombian economy.

Since its creation in October 2021, Aliadas, has doubled its active members and reports to have generated more than 3.5 million jobs and achieved approximately 6,000 companies, thus generating spaces for diversity led by more than 500 entrepreneurs.

Dr. Ángel Custodio Cabrera, Minister of Labor of Colombia indicated that “the economic recovery will be sustainable to the extent that more jobs can be recovered and generated, especially for young people and women and that are formal jobs. Formulation of policies and strategies that allow this generation of new jobs.”

Objectives aligned with the goals of Betcris in each of the markets in which it operates, where in addition to providing a safe and quality entertainment option for its users, it promotes the creation of formal and quality job opportunities.

Continue Reading
Advertisement

Latest News

SCCG Becomes Sponsor of SFT Combat

Published

on

sccg-becomes-sponsor-of-sft-combat

 

SCCG Management has become the sponsor of SFT Combat, one of Brazil’s premier MMA promotions. As a long-time client partner, SFT Combat continues to push boundaries in the world of professional fighting, delivering high-quality events that captivate both local and global audiences. The sponsorship reflects a strategic investment in Brazil’s sports and gaming ecosystem, where MMA plays a central role in both cultural identity and entertainment value.

“At SCCG, we recognize the cultural and commercial significance of MMA in Brazil—a country with a deep-rooted history in combat sports and a passionate community of fans, athletes, and operators. Our support of events like this goes beyond sponsorship; it reflects our commitment to fueling the growth of sports and gaming ecosystems across LATAM. By helping bridge new sports concepts with established combat platforms, we continue to create strategic opportunities for innovation,” the Company said.

The post SCCG Becomes Sponsor of SFT Combat appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

IGSA

IGSA Welcomes VISA as its New Payments Committee Member

Published

on

igsa-welcomes-visa-as-its-new-payments-committee-member

 

The International Gaming Standards Association (IGSA) has welcomed VISA as its New Payments Committee Member.

IGSA President Mark Pace said: “IGSA would like to welcome VISA, who, along with several other payments-related companies, is now an active participant in the IGSA Payments Committee. VISA is a world-known multi-national card and digital payments corporation. Their participation in this committee brings a wealth of knowledge and input from the ‘brand’ side of the payments process. We look forward to announcing more companies in the Payments space joining this important committee, as we continue down the path of producing Payments Standards and Best Practices for the industry, with the industry.”

The International Gaming Standards Association (IGSA) is the largest technical standards development organization dedicated to the creation and evolution of standards and protocols to the betterment of the global gaming industry.

The post IGSA Welcomes VISA as its New Payments Committee Member appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Compliance Updates

MGCB Opens Investigations into Unlicensed Sports Prediction Markets

Published

on

mgcb-opens-investigations-into-unlicensed-sports-prediction-markets

 

The Michigan Gaming Control Board (MGCB) has initiated investigations into unlicensed sports prediction markets operating within the state. These platforms, which bypass Michigan’s regulatory framework, have raised significant concerns about consumer protections.

Michigan’s investigations align with similar actions already taken by other state regulatory bodies and focus on how this form of unlicensed sports betting may jeopardize the integrity of Michigan’s legal sports betting system.

“We take consumer protection very seriously and are committed to ensuring that Michigan residents are engaging with safe and legal sports betting options. Unlicensed entities not only pose a risk to consumers but also undercut the integrity and revenue-generating potential of the state’s regulated sports betting industry. We are actively investigating these practices and will pursue appropriate measures to protect Michigan bettors,” said Henry Williams, Executive Director of the MGCB.

The unlicensed platforms offer what they describe as innovative financial products that allow users to trade their predictions on the outcomes of sports events. By sidestepping the regulatory protections of Michigan’s legal sports betting market, these platforms pose a serious risk to consumers. They create potential confusion among bettors and blur the line between sports betting as entertainment and sports betting as a financial trading vehicle.

Beyond concerns over lost tax revenue, these unregulated platforms may expose Michigan residents to various risks, including fraud, identity theft, and inadequate data security. Unlike licensed sportsbooks, which are required to adhere to strict regulations including age verification, Know Your Customer (KYC) protocols, anti-money laundering (AML) measures, self-exclusion policies, and integrity monitoring, unlicensed entities may operate without these safeguards. As a result, consumers can be left vulnerable to financial harm.

The MGCB is also concerned that promoting sports betting as an investment opportunity directly contradicts Michigan’s established responsible gaming principles.

“Sports betting is meant to be a form of entertainment, not a financial investment. By framing sports contracts as investment vehicles, these platforms risk confusing consumers and undermining the state’s commitment to responsible gaming. Moreover, many of these unlicensed platforms are often accessible to individuals as young as 18, in stark contrast to Michigan’s 21+ age requirement for legal sports betting,” Williams added.

The post MGCB Opens Investigations into Unlicensed Sports Prediction Markets appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Trending