As LatAm's 2nd largest iGaming market, Mexico's online gambling industry is on fire - fueled by changing laws, various payment systems, and a rising demand.Why is...
Latin America launches new gaming federation
With founding members from Mexico, Colombia, Paraguay, Peru, El Salvador, and the Dominican Republic, a new regulatory body was formed in LatAm to unite the gambling industry in the region.
Called the International Gaming Federation, the new regulatory body aims to strengthen cooperation among LatAm countries, promote responsible gaming growth, and represent the market with a united voice. Its principles are based on legality, innovation, transparency, and social responsibility.
The first president of the regulatory body will be Evert Montero Cárdenas, president of Colombia’s Fecoljuegos. He will serve a three-year term, chosen in recognition of Colombia’s progress in promoting formalisation, legality, and responsible regulation of the industry.
Montero stated:
“This is a historic step that transcends borders. From Colombia, we proudly assume the responsibility of leading a process that will allow us to join international efforts, build a collective voice, and ensure that our industry develops responsibly, sustainably, and for the benefit of society.”
Despite the fact that currently the Federation consists of 6 countries, other LatAm countries, such as Argentina, Brazil, Chile, and Panama, have expressed interest in joining the group. Moreover, the Federation aims to have a strong footprint in the industry and form collaborations with associations in Europe, North America, and Asia.
Why is everyone suddenly talking about iGaming in LatAm? The answer is simple: it's where trends, regulation, and massive betting finally met in 2025. In this article, we...
