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Paraguay regulator ratifies monopoly sports betting concession

19th March 2018 9:56 am GMT

The newly-appointed president of Paraguay's gambling regulator Conajzar, Óscar Ramón Portillo Martínez, has put pen to paper on the deal that grants the country's monopoly sports betting concession to Asuncion-based operator Daruma Sam.

Daruma Sam will serve as the monopoly operator for a five-year term through its Apostala brand, and is expected to generate PYG$544bn (€78.8m) for the state over the licence period.

In a statement published on the website of the Ministry of Finance, the regulator [...]

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