Kambi Group and BetWarrior have signed a multi‑year extension of their sportsbook agreement, reinforcing operations in Argentina, Brazil, Peru, and other regulated markets across Latin America.
Under the renewed deal, BetWarrior will continue to rely on Kambi’s premium sportsbook platform to power its regional operations. Since first partnering in 2019, BetWarrior has become one of Argentina’s leading online sports betting operators while expanding into Brazil and Peru amid sweeping regulatory reforms.
Strategic growth in regulated markets
To date, the sports betting landscape in Latin America is rapidly evolving. While Brazil, Peru, and Colombia continue to advance their structured oversight, Mexico and Argentina are still confronted with fragmented or outdated frameworks. Moreover, the region’s gambling market is projected to surpass $35.5 billion in gross gaming revenue (GGR) this year, according to industry reports.
In a statement, Werner Becher, CEO of Kambi Group, praised BetWarrior’s trajectory: “BetWarrior has established itself as one of the most ambitious operators in Latin America, and we are proud to extend our partnership as they continue their growth journey. This agreement demonstrates Kambi’s ability to support leading operators with a premium sportsbook solution that enables sustainable success in competitive regulated markets.”
For BetWarrior CEO Zeno Ossko, this is a strategic alignment: “Kambi has been a key partner in our growth, providing a high‑performance sportsbook that allows us to compete at the highest level. Extending this partnership was a natural decision as we strengthen our position in Argentina and expand across regulated markets in Latin America.”
Regulatory shifts
Mexico and Peru have tightened their anti-money laundering (AML) rules, with Peru issuing Resolution 03622-2025. Meanwhile, Brazil introduced mandatory self-exclusion and player limits whereas Colombia enforces updated frameworks. For Argentina, it enforces strict ad rules, while Chile’s courts ordered ISPs to block unlicenced operators. In Brazil, the country’s Central Bank blocks transfers to unlicenced operators via Pix. Peru and Colombia have also emphasised digital oversight, according to G&M News.
Despite these measures, grey markets persist in Mexico and Argentina, where outdated laws and high taxes risk pushing players toward unregulated platforms.
Expanding domestic footprint
The sports betting sector in the region is forecast to reach between $15 billion and $41 billion in GGR by 2026. But this also depends on the methodology. Brazil’s newly regulated market is the largest driver, while Mexico, Colombia, and Peru add scale and maturity.
Recently, BetWarrior received clearance to launch in Santa Fe province, expanding its presence in Argentina. It also continues to grow in Brazil and Peru, where frameworks are still evolving and striving to balance licencing with consumer protection.
Competitive landscape
Sports betting in Latin America is currently dominated by regional leaders from Betano in Brazil, Caliente in Mexico, BetPlay in Colombia, and Betsson in Argentina. Operators overseas are also growing rapidly, especially during major tournaments such as the FIFA World Cup.
Kambi’s sportsbook platform is recognised as one of the industry’s most advanced, offering deep pre‑match and live coverage, AI‑driven odds and award‑winning Bet Builder functionality, robust risk management tools, and scalable, compliant solutions designed for premium player experiences.
Be part of the action! Join the world’s biggest iGaming community with SiGMA’s Top 10 News countdown. Subscribe HERE for weekly updates, insider insights, and exclusive subscriber-only offers.




