News October 2024
Paraguay bill debate delayed - again Operator News
Te Chamber of Deputies of Paraguay postponed once again the discussion of the bill that seeks to amend six articles of Law No. 1016/1997 and eliminate the monopoly on gambling concessions. Members of the Colorado party, who hold the
majority in the Lower House, approved the delay, while their leader, Rocío Abed, proposed to study the initiative presented by Adrián Vaesken in three months time. “I clarify that we are not in favour of the monopoly, but the government is preparing a bill,” Abed justified while rejecting the project. Te current law establishes that the National Commission of Gambling is obliged to grant concessions to only one bidder, which, according to Vaesken, goes against the National Constitution. “Tere are 212,000 Paraguayans without work.
We have been studying this project for a year, it was sent to committee, and public hearings were
Bally’s terminates casino contract Operator News
SC Gaming and Bally’s Corporation have announced the decision to formally terminate their contractual agreement relating to the development of a Category 4 casino in College Township, Pennsylvania. Tree years since the parties’ original
Framework Agreement was executed, Bally’s corporate strategic priorities have shifted
M&A DraftKings buys Simplebet
DraftKings is acquiring Simplebet in a deal that will allow for the integration of Simplebet’s proprietary machine-learning models into DraftKings’ pricing and technology platform to create accurate betting opportunities during every moment of a game. Te move is designed to improve the quality, breadth and speed of data throughout the DraftKings trading lifecycle, unlocking a faster, more frictionless experience for the company’s customers.
28
held. We heard that the government has a bill that ends the monopoly on gambling, but it has never sent anything,” Vaesken stated, noting that his initiative had already been postponed for 90 days in April of this year. “Tis project only seeks to remove the word
exclusivity so that this country can open its doors to investors. As the law stands now, they cannot come to invest in Paraguay. Tis bill could help
elsewhere, prompting the company to exercise its option to end the relationship. Importantly, SC Gaming confirmed that the casino project will proceed as planned and there will be no impact on the project’s progress. It is anticipated the casino will open during the first half of 2026. "We remain on track to bring this
transformational development to life for Central Pennsylvania, and I wish Bally’s continued success in their exciting ventures, including major projects in Chicago and Las Vegas.”
Supplier News JCM installs TV PRO
Te Gold Horse Casino in Lloydminster has launched a new Sports Bar and Grill, where a massive Digital Signage Solution from JCM Global showcases sporting events in incredible brightness and clarity. JCM installed a 1.56mm TV PRO solution measuring nearly 18 feet wide by seven feet tall. Te TV PRO solution is programmed to display multiple windows at the same time, meaning guests can enjoy a wide variety of live sporting events.
M&A SOFTSWISS enters retail
SOFTSWISS has moved into retail betting with the acquisition of a majority stake in Turfsport, a South African software provider. Te solution supports diverse betting activities, including sports betting, horse racing, lotteries, and casino games, and empowers operators to set up offline gambling businesses quickly and legally. Te company has also integrated advanced functionalities into its Retail Betting Solution as part of the acquisition.
Sportradar’s AI tech predicts NFL season Sports Betting
Sportradar’s AI-driven data simulations predict Kansas City as the most likely team to be crowned champions on February 9th, 2025, and in the process become the first to achieve a pro football “threepeat”. Following 50,000 simulations of the 18-week, 272-game regular season, Kansas City emerged as the champion in 7,105 instances, indicating a 14.2 per cent probability. Tis edged out San Francisco (12.6 per cent) and Baltimore (8.0 per cent) according to Sportradar’s AI model. Sportradar leverages insights from its network of 900
sportsbook operators, inputting tens of thousands of data points into its AI algorithm to analyse historical data and predict future scenarios for the 2024-25 pro football season. Te simulations, built on actual NFL data and team odds for winning the Super Bowl, estimate team strength and expected scoring.
President Santiago Peña achieve the creation of the 500,000 jobs he promised during the campaign,” argued the liberal deputy, attempting to avoid another postponement of the debate. In August, Te Paraguayan Association of
Gambling Operators announced they would hold a public hearing in the Chamber of Deputies to discuss the bill, but the hearing was delayed after the news of the death of a national deputy.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138
